ZICO

Founder of ZICO Coconut Water Re-Acquires Brand from The Coca-Cola Company

Retrieved on: 
Thursday, January 14, 2021

PowerPlant Ventures announced today that the fund has acquired ZICO coconut water from The Coca-Cola Company (NYSE: KO).

Key Points: 
  • PowerPlant Ventures announced today that the fund has acquired ZICO coconut water from The Coca-Cola Company (NYSE: KO).
  • Rampolla first discovered coconut water and its natural replenishing properties as a Peace Corps volunteer in Central America.
  • The new company, named ZICO Rising, will be a homecoming for ZICO under the PowerPlant Ventures portfolio, as well as a new beginning for the beverage brand.
  • Founded in 2004 by Mark Rampolla, ZICO (pronounced Zee-co) is the maker of pure premium coconut water.