Loading...
Loading...
Browse all stories on DeepNewz
VisitAverage price change of Ghost energy drinks in US by 2024?
Decrease of more than 1% • 25%
Decrease of up to 1% • 25%
Increase of up to 1% • 25%
Increase of more than 1% • 25%
Price data from NielsenIQ or other market research firms
Keurig Dr Pepper Buys 60% of Ghost Energy for $990 Million, Plans Full Acquisition by 2028
Oct 24, 2024, 01:42 PM
Keurig Dr Pepper has agreed to acquire energy drink maker Ghost in a deal valued at over $1 billion, further raising its bets on the energy drink market. The company will make an initial cash investment of about $990 million, financed by a new term loan, to secure a 60% ownership stake in Ghost, with plans to acquire the remaining 40% in 2028. Founded in 2016, Ghost has experienced significant growth, with sales quadrupling over the last three years and volume up 20.9% over the past 52 weeks, while average prices fell 0.4%, according to NielsenIQ data. The deal values Ghost at approximately three times its projected 2024 net revenue. Keurig Dr Pepper already owns a 30% stake in Nutrabolt, the maker of C4 Energy.
View original story
Top 3 • 25%
Top 5 • 25%
Top 10 • 25%
Outside Top 10 • 25%
Less than 5% • 25%
5% to 10% • 25%
10% to 15% • 25%
More than 15% • 25%
Below $2.50 • 25%
$2.50 - $3.00 • 25%
$3.00 - $3.50 • 25%
Above $3.50 • 25%
Less than 5% • 25%
5% to 10% • 25%
10% to 15% • 25%
More than 15% • 25%
Below $3.00 per gallon • 25%
$3.00 to $3.49 per gallon • 25%
$3.50 to $3.99 per gallon • 25%
$4.00 or above per gallon • 25%
Increase by more than 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by more than 10% • 25%
Decrease by 10% or more • 25%
Decrease by less than 10% • 25%
Increase by less than 10% • 25%
Increase by 10% or more • 25%
Monster • 25%
C4 Energy • 25%
Red Bull • 25%
Ghost • 25%