Keurig Dr Pepper Invests in Nutrabolt; MidOcean Partners Exits
December 8, 2022
Keurig Dr Pepper entered a strategic partnership with Nutrabolt, acquiring a minority equity stake (reported ~30%, ~$863M) and agreeing a long-term sales and distribution arrangement. The transaction coincides with MidOcean Partners' exit of its investment in Nutrabolt, the owner of brands including C4 Energy, Cellucor and XTEND.
- Buyers
- Keurig Dr Pepper
- Targets
- Nutrabolt
- Sellers
- MidOcean Partners
- Industry
- Food & Beverage
- Location
- Texas, United States
- Transaction Type
- Growth capital
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