Molson Coors Acquires Majority Stake in ZOA Energy
November 8, 2024
Molson Coors Beverage Company has acquired a 51% stake in ZOA Energy, the energy drink brand co-founded by Dwayne “The Rock” Johnson and partners; terms were not disclosed. Molson Coors — which previously partnered with ZOA on distribution and invested in September 2023 — will lead the brand’s marketing, retail and direct-to-consumer sales to scale the business and expand its non-alcohol portfolio.
- Buyers
- Molson Coors Beverage Company
- Targets
- ZOA Energy
- Industry
- Food & Beverage
- Location
- United States
- Transaction Type
- Buyout
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