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
The Benevolent; The Drinks Industry Charity The Benevolent; The Drinks Industry Charity The Benevolent; The Drinks Industry Charity, formerly known as The Wine & Spirit Trades' Benevolent Society, is a registered charity based in the United Kingdom that provides practical, emotional and financial support to people who work or have worked in the UK drinks industry, and their families. The charity was founded in 1886 following the publication of a letter written by Robert Gray, a City of London wine merchant, to the Chairman of the Wine and Spirit Association proposing the formation of a Benevolent Society for the current and previous long-term employees of the