
Coca-Cola has sold the previously discontinued Odwalla juice and smoothie brand to Full Sail IP Partners, the latter company announced Tuesday. The deal does not include production and delivery, Reuters reported. Full Sail is a joint venture between private equity firm Warburg Pincus and brand licensing consultant LMCA. Warburg Pincus has $64 billion in assets under management, according to the firm’s website. LCMA works with companies ranging from Compaq and Kodak, to Fruit of the Loom and Roto-Rooter, according to the company’s website.
Latin America bottlers Coca-Cola FEMSA and Coca-Cola Andina have teamed up to acquire Brazilian beer brand Therezópolis.
Nootropic beverage brand NERD Focus has signed on with Glazer’s Beer & Beverage for distribution in San Antonio.
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