Sign in
CELH-CELSIUS HOLDINGS INC

Celsius Holdings Acquires Big Beverages for $75 Million to Boost Production and Enhance Supply Chain Control

Thursday

07 November, 2024

Celsius Holdings has taken a bold step by acquiring Big Beverages for $75 million, aiming to enhance its production and supply chain capabilities. As the energy drink market evolves, can this strategic move position Celsius to lead in innovation and meet the growing demand for healthier options?

article image for CELH

Article Impact Score

0
50
100
Under­perform
Bear­ish
Neu­tral
Bull­ish
Out­perform
70
Key Takeaways
  • Celsius Holdings Inc. has acquired Big Beverages Contract Manufacturing for $75 million, boosting its production and supply chain efficiency.
  • The new facility enables Celsius to quickly adapt to changing consumer preferences in the energy drink sector.
  • CEO John Fieldly highlights enhanced profit margins and faster product development as key strategic advantages.
  • The company's revenue reached $1.3 billion in 2023, strengthening its competitive stance.
  • A partnership with PepsiCo further enhances Celsius's potential for growth and profitability.
More on CELSIUS HOLDINGS INC
Read more insights on CELSIUS HOLDINGS INC

Most Read

Join Foliko Premium!

Unlock the entire library of Foliko's Generative AI Investment Research. Plus, get AI powered trading signals and stock price predictions.

Go Premium - 7 Day Free Trial
home-footer-logo

Any content provided on our website is for information purposes only. We do not provide investment advice, nor do we consider ourselves a financial institution. Seek a duly licensed professional for investment advice.