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 types of beverages. In December 2005, Germany's Federal Institute for Risk Assessment ("Bundesinstitut für Risikobewertung") published a review of benzene's possible formation in foods and drinks. In February 2006, an unnamed former chemist at the FDA publicly revealed that benzene may be created as part of a chemical reaction during production of soft drinks, particularly those having an orange flavor. Full-scale investigations immediately started at the Food Standards Agency (UK) and in Germany to reveal exactly which amounts of benzene, if any, were present, with several other organizations awaiting their findings. The United Kingdom's Food Standards Agency released results on