Coca-Cola Gets Green Signal To Sell Energy Drink Under Monster Contract
An arbitration tribunal has ruled that Coca-Cola Co can sell its energy drink globally under the terms of the contract with Monster Beverage Corp, the two companies said on Monday, months after the launch of the product in Europe.
The soda maker was in arbitration with Monster Beverage over the launch of Coca-Cola Energy, as it would put the company in direct competition with Monster and violate their initial agreement in 2015.
Atlanta-based Coca-Cola launched the drink as a part of its efforts to break away from its traditional fizzy sodas and shift to health-focused trends.
Coca-Cola Energy, first launched in Spain and Hungary in April, has caffeine from naturally derived sources, guarana extracts, B vitamins and no taurine – a stimulant often found in energy drinks.
Related news
Coca-Cola FEMSA invests in Brazil factory
The company will use the money to build two new…
Read more >Coca-Cola introduces a new cola
Coca-Cola announced that it will be adding a new product…
Read more >Coca-Cola beat expectations – Europe boosted quarterly results
Coca-Cola performed above its weight in the latest quarter: according…
Read more >Related news
Joy in Giving! – National collaboration for the start of school
The Hungarian Maltese Charity Service and SPAR Hungary are announcing…
Read more >Lidl supports disadvantaged young people with 10 million forints
The limited edition sneaker launched as part of the Lidl…
Read more >A glass revolution instead of a plastic tsunami
While sustainability has become a central topic, millions of tons…
Read more >