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
Benzene in soft drinks The FDA released preliminary results in May 2006 for 100 beverages showing that many soft drinks contained low levels of benzene (less than 5 ppb, the federal drinking water limit) while four drinks contained amounts above the standard. Two of these drinks contained amounts 15-18 times above the drinking water standard. Many of the products showed large variations in the amount of benzene they contained. The FDA stated that it is working with manufacturers to reformulate products that contain benzene above the federal drinking water standard. These test results are both lower and more accurate than a previous long-term study