KOALA BECOMES PART OF NESTLE LINE-UP IN U.S.
By Adnews Staff
The Koala drink brand now belongs to Nestlé in the U.S. Nestle Beverage, and affiliate of Nestlé USA, has bought Koala Springs International in California from a group of private investors. The deal does not affect Canada where Koala Beverages is a separate entity. It is a widely traded public company, with Sterling Pacific Capital handling marketing, distribution and manufacturing. Koala advertising in Canada is handled in-house. Koala makes sparkling water juice drinks and also handles marketing and distribution of juices from FBI Brands in British Columbia.
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