Coca Cola adjusts its alcoholic beverage business layout, aiming at new growth opportunities
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Coca Cola Company is making key adjustments to its alcoholic beverage subsidiary, Red Tree Beverages, and has reached a new partnership with Sazerac to take over the production and distribution of "Fresca Mixed," "Fresca Hard," and "Minute Maid Spiked." Red Tree Beverages has also partnered with Moku Spirits to handle "Topo Chico Hard Seltzer." Analysts expect Red Tree Beverages to achieve strong growth by 2026. Coca Cola's stock price has risen 9.2% this year
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