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Does Coca Cola own innocent smoothies?
You might already know that innocent is owned by Coca Cola. We first started working with them in 2009, when they bought a 20% share in our business. And since we did the deal with Coke we’ve expanded from being a simple smoothie company to being one that concocts every kind of healthy drink imaginable.
How much did Richard Reed sell innocent for?
In 2013, they sold Innocent Drinks to the soft drinks giant for an undisclosed sum, when the business was valued at $500million. He’s been busy since the sale too – as the founder of art fund Art Everywhere and co-founder of the Innocent Foundation, as well as JamJar investments.
Why did Coke buy innocent?
Coca-Cola is taking full control of Innocent smoothies in a deal that will make millions of pounds for the company’s founders. “Our aim was to make Innocent a global brand and take its ethical values to the world’s consumers. We decided that we would be able to do a better job of that with Coke.”
Who is the founder of Innocent smoothies?
Richard Reed
Innocent Drinks/Founders
Who owns Naked Juice?
PepsiCo
Naked Juice/Parent organizations
Naked Juice is an American brand that produces juices and smoothies. The company is based in Monrovia, California and is owned by PepsiCo. Naked Juice Co. of Glendora, Inc.
Who distributes innocent drinks?
The Coca-Cola Company
The company sells more than two million smoothies per week. Innocent is over 90% owned by The Coca-Cola Company….Innocent Drinks.
| Industry | Beverage |
|---|---|
| Key people | Douglas Lamont (CEO) |
| Products | Drinks |
| Owner | The Coca-Cola Company (90%) |
| Website | www.innocentdrinks.co.uk |
How much is Innocent worth now?
The creation of Innocent Drinks – the healthy smoothies made from natural ingredients – began early in 1998, when the company’s founders were still students at Cambridge University. What started out as an idea to make money at music festivals has turned into a global company with a net worth of around $500 million.
Does Richard Reed still work at Innocent?
Away from his charity work, and ongoing involvement with the Innocent Foundation, Reed is also prone to a little bit of script writing. Through this he hopes that in years to come people will be viewing one of his creations on the silver screen, and has even secured the services of an LA agent.
Where is innocent juice made?
Rotterdam
The juice maker is the launching agri/food company at the new Rotterdam Food Hub. UK-based Innocent Drinks, a subsidiary of Coca-Cola, will build its own CO2-neutral factory in the Port of Rotterdam, starting in Q4 2019.
Who invested in innocent?
After quitting their jobs, the three struggled to find investment, but eventually had a lucky break when Maurice Pinto, a wealthy American businessman, decided to invest £250,000. In total, it took fifteen months from the initial idea to taking the product to market.
Who owns Tropicana orange juice?
PepsiCo
PAI Partners
Tropicana Products/Parent organizations