Coca-Cola Coming In Capsule

Coca-Cola, the world’s largest beverage company is coming in a Capsule . The device, which is expected to launch in 2015, will allow consumers to make cold drinks at home using single-serve capsules, or pods. It will compete with SodaStream, the Israeli company that sells soda flavourings and a machine that carbonates water.

Coca-Cola by sales has taken a 10 per cent stake in Green Mountain Coffee Roasters, maker of the Keurig single-serve coffee brewer, for $1.25bn. Green Mountain shares surged 58 per cent in after-hours trading to $128.
Coca-Cola shares were up 1 per cent in after-hours trading to $37.99. SodaStream was down 7.8 per cent to $33.

Comments