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Benzinga
Benzinga
Business
Shivani Kumaresan

Diageo Partners With Vita Coco For Cocktail Line

Company DEO Diageo Plc Nasdaq NYSE
  • Diageo Plc (NYSE:DEO) has partnered with Vita Coco Company Inc (NASDAQ:COCO) to launch a line of premium canned cocktails.
  • The cocktails are crafted with a blend of Captain Morgan rum and refreshing-tasting Vita Coco coconut water.
  • Vita Coco Spiked with Captain Morgan line will be available in three offerings, Pina Colada, Strawberry Daiquiri, and Lime Mojito.
  • The Cocktails will be 5% ABV and sold in 12oz cans for a suggested retail price of $14.99 per 4-pack.
  • The line is expected to hit shelves in early 2023.
  • Price Action: DEO shares are trading lower by 1.77% at $169.58 on the last check Tuesday.
  • Photo Via Company
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