Innocent Drinks operational control. As a result of the takeover, Ethical Consumer magazine reduced their ethical rating for the company from 12.5/20 to 6.5/20. In April 2010, Coca-Cola increased its stake in the company to 58% from 18% for about £65 million. In February 2013 Coca-Cola increased their stake to over 90%, leaving the three founders with a small minority holding. In June 2016, the drinks company reported a sales surge thanks to new products such as coconut water and vegetable smoothies. These new products contributed £28m to sales. Revenues reported for last year were £247.4m, a 13% increase on the previous
European Drinks & Foods Other successful brands include the "Izvorul Minunilor" mineral water and the "Bürger" beer. European Drinks & Foods also owns an agribusiness division "Westgrain" which owns nearly 8,700 ha of arable land in the Bihor County located in north-western Romania. In 2011 Westgrain sold a grain silo with a 44,000 tonne capacity located on the Danube river near Drobeta-Turnu Severin, Mehedinți County, Romania to the US based trading giant Cargill for an undisclosed fee. European Drinks & Foods European Drinks & Foods is one of the largest Romanian food companies located in Ştei, Bihor County. The holding is formed by several