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 ...
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.
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 ...
It seems NBA hall-of-famer Kobe Bryant showed as much hustle in the boardroom as he did on the basketball court. In 2013, the Los Angeles Lakers guard acquired a 10% stake in sports drink startup ...
CNBC reported on the Piper news this morning, noting that among energy drink brands favored by teens, Celsius holds a 35% market share. That's pretty astounding, actually. Across the entire market ...
Despite challenges currently facing the energy drink sector, Celsius is laying the groundwork for a more promising future. The transaction provides Celsius with a 170,000-square-foot ...
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 ...
Another fitness-focused, better-for-you brand, fast-growing Celsius started in Sweden and now stands as America's third top ... The look: A translucent tangerine color that recalled the classic orange ...