Celsius Holdings Inc., Boca Raton, Fla., announced its acquisition of Big Beverages Contract Manufacturing LLC for $75 million. The transaction was completed using cash on hand and closed on Nov. 1.
CEO John Fieldly emphasized that the acquisition is a capital-efficient growth lever, aligning with Celsius's aim to dominate the energy drink market with functional, better-for-you beverages ...
Big Beverages, based in Charlotte, North Carolina, specialises in canned beverage manufacturing. Credit: Sheila Fitzgerald/Shutterstock. US-based energy drink maker Celsius Holdings has acquired local ...
Celsius stands out in the CPG beverage market with a strong focus on health-oriented products, positioning itself more as a healthcare company than a typical energy drink brand. The company has ...
Celsius benefits from long-term health and wellness trends, positioning itself as a healthier energy drink option, and appealing to health-conscious consumers. CELH stock, while seemingly ...
Today, the company sports a $49 billion market cap ... In all honesty, I rarely consume energy drinks and prefer coffee. But Celsius is noticeably better marketed and tastes way better than ...
Shares of energy drink company Celsius (NASDAQ:CELH) jumped 14.9% in the morning session after Wall Street analysts provided positive updates on the company. Stifel observed improving sales trends ...
CEO John Fieldly emphasized that the acquisition is a capital-efficient growth lever, aligning with Celsius's aim to dominate the energy drink market with functional, better-for-you beverages designed ...