Over the past several months, Core Power® has been the delicious new choice
for those seeking a high protein milk shake to support their active lifestyle.
Today, The Coca-Cola Company KO and Select Milk Producers, Inc. (Select) are
announcing the acquisition of equity stakes in the newly-created Fair Oaks
Farms Brands, LLC to drive growth and expansion of Core Power® and to create
an innovative portfolio of brands and products that feature the value-added
nutrition of dairy.
The investment validates the potential both parties see in offering higher
quality value-added health and wellness beverages. “Our leadership in
technology, innovation and sustainability within the dairy industry, combined
with The Coca-Cola Company's brand development and distribution capabilities
will enable a new portfolio of nutritional beverages with strong growth
potential,” said Mike McCloskey, Co-Founder and CEO of Select, an independent
group of 87 American family farmers.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: News
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in