Juicy J will likely be able to afford whatever he wants this Christmas after a hydration company he invested was recently acquired for $525 million. According to a Bevnet press release, Keurig Dr. Pepper (KDP) bought CORE Nutrition — owner of CORE Hydration — late last month after beginning negotiations in September.
The Three 6 Mafia vet celebrated the news on Instagram, writing: “The best investment i made in my life.”
Wholesale sales for CORE were between $70 and $80 million, while retail sales were close to $200 million. KDP expects to reel in $90 million in tax benefits as part of the deal.
“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,” founder Lance Collins said in a press release. “I am a strong supporter of the KDP strategy and business model and am looking forward to being a shareholder in the company.”
Juicy J invested roughly three years ago. Other investors included celebrities Katy Perry and Diplo.
I took quarter water sold it in bottles for 2 bucks coca cola came bought it for billions what the fuck
Fuk all that! He needs to get back with DJ Paul and make a new Mafia album!
His other drink is blowing up too. I see Juicy Juice all over the place.
When is the 3-6 Mafia Reunion Tour going to happen hopeful by the summer I’m ready to hear Tear The Club Live along with other hits .
Hmm Katy Perry also invested. There is a link
juicy j is to the 36 mafia like birdman is to cash money, he is an asshole that fucked with everybodys money so the reunion will never happen, stop dreaming
They should never had given you nikkas money.