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
Silver Spring Soft Drinks over production of Virgin Cola. Silver Spring Soft Drinks Silver Spring Soft Drinks Ltd was a commercial limited company that produced a range of soft drinks from its factory and headquarters at Folkestone, Kent, in the United Kingdom. Founded as a company in 1886, the company traded under the name of Silver Spring Mineral Water Company until it changed ownership in 2009; it was subsequently sold by Privet Capital in 2010. The new entity in turn hit trouble in 2012 and was liquidated in early 2013. It produced the drink brands Perfectly Clear and Rola Cola along with own label