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Mike Repole (born January 21, 1969) is an American entrepreneur, businessman, and racehorse owner. He is best known for co-founding Glaceau (maker of Vitaminwater), which sold to Coca-Cola for $4.1 billion, and BODYARMOR SuperDrink, a sports drink manufacturer, which also sold to Coca-Cola for $5.6 billion.
Energy Brands, also doing business as Glacéau, is a privately owned subsidiary of The Coca-Cola Company based in Whitestone, Queens, New York, that manufactures and distributes various lines of drinks marketed as enhanced water.
In 2007, the Coca-Cola Company acquired Vitamin Water from Glacéau for $4.1 billion. According to The Washington Post at the time, “50 Cent was thought to have walked away with a figure somewhere between $60 million and $100 million, putting his net worth at nearly a half-billion dollars.”
The Coca-Cola Company today announced that it has reached an agreement to acquire Energy Brands, Inc., known as glaceau, and its full range of fast-growing, enhanced water brands, including vitaminwater.
Vitamin Water is owned by Coca-Cola, which finalized its acquisition in 2007. It bought Glacéau (the holding company of Vitamin Water, called Energy Brands, doing business as Glacéau) for $4.2 billion in cash. Today Vitamin Water is a subsidiary of the Coca-Cola Company, which owns many brands.
Vitamin Water, originally founded in 1999 by J. Darius Bikoff, was acquired by Coca-Cola in 2007 for $4.1 billion, demonstrating the brand’s significant impact and success within the beverage industry.
Rohan Oza is arguably one of the most successful marketing men in the US. Advertisement. He's made millions from his success in turning food and beverage products into brands that everyone from...
Sales skyrocketed after Coca-Cola purchased Glaceau's vitaminwater in 2007. Justin Sullivan/Getty Images. In an attempt to find success beyond the fizz, the Coca-Cola company broke into the non-carbonated biz in 2007 with the acquisition of Glaceau, and as part of that deal, acquiring vitaminwater.
Vitamin Water is owned by The Coca-Cola Company, which acquired it in 2007. The parent company of Vitamin Water, Glacéau, was founded in 1996 by J. Darius Bikoff. The Coca-Cola Company recognized the potential of Vitamin Water and acquired Glacéau for $4.2 billion in cash.
NEW YORK (MarketWatch) -- Coca-Cola Co. said Friday it agreed to acquire Energy Brands Inc., also known as Glaceau, for $4.1 billion in cash, in a move to boost its presence in the...