Vita Coco Acquires Coconut-Water Maker Copra for $175M
The Vita Coco Company has acquired New York-based coconut-water producer Copra in an initial deal valued at $175 million, with potential additional payments of up to $100 million by 2029 based on performance. The acquisition aims to strengthen Vita Coco's position in the fast-growing coconut water market and expand its product offerings.