USA: Vita Coco to acquire Copra for an estimated $175 million
The Vita Coco Company, the US-based beverage manufacturer has acquired US-based super-premium coconut water producer Copra for an upfront consideration of $175 million subject to customary closing adjustments. The acquisition gives Vita Coco a platform to enter the super-premium cold-chain segment of the coconut water category where it does not currently compete. Copra, which utilizes […]