Juicy J’s Investment In Core Hydration Nets $525 Million Acquisition
by Staff Editor
Juicy J has been investing in a certain beverage company long-term and the company has now reached a point of pride for the Memphis native.
Taking to Instagram late November, Juicy J announced the news that CORE Nutrition, which he invested in three years ago, was purchased by Keurig Dr. Pepper (KDP) for $525 million.
“The best investment I made in my life,” he wrote. The acquisition has been in the works since September 2018. In a statement published by BEVNET, CORE’s founder Lance Collins thinks the company will thrive under KDP.
“KDP has been an outstanding partner for CORE and I am certain that, under its ownership, CORE will continue to see tremendous long-term success,” Collins said. “I am a strong supporter of the KDP strategy and business model and am looking forward to being a shareholder in the company.”