Monday, February 15, 2010

CELEBS JOIN VITA COCO!


Vita Coco, the nation’s best-selling coconut water and one of the fastestgrowing beverage brands in the U.S., today announced a group of high-profile new investors into the five-year old, New York-based beverage company. With over 60% share of the coconut water market and annual revenues more than doubling in 2009 from the previous year, Vita Coco is headed to record sales in 2010 and beyond. It was officially confirmed today by Vita Coco CEO and co-founder Michael Kirban that entertainment manager Guy Oseary and his client Madonna invested in Vita Coco. Oseary also brought on board Matthew McConaughey, Demi Moore and Red Hot Chili Peppers frontman Anthony Kiedis as additional Vita Coco investors. “This group of investors chose to invest because they’ve all been brand loyalists, drink Vita Coco regularly and believe in the growth potential of the Vita Coco brand,” stated Kirban.

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