New York, February 06, 2014 -- Moody's Investors Service said today that the announcement of a long term strategic partnership between The Coca-Cola Company ("Coke", Aa3, stable) and Green Mountain Coffee Roasters, Inc. ("GMCR", Ba2, stable) is a credit positive for both companies. On February 5th, the companies jointly announced that they will be entering into a ten-year agreement to collaborate on the development and introduction of The Coca-Cola Company's global brand portfolio for use in GMCR's planned Keurig Cold[TM] at-home beverage system. As part of the agreement, GMCR and The Coca-Cola Company will cooperate to bring the new Keurig Cold[TM] beverage system to consumers around the world. In order to align their long-term interests, the companies also entered into a Common Stock Purchase Agreement under which The Coca-Cola Company will purchase a 10% minority equity position in GMCR and have the option to increase its stake to up to 16%.

Vollständigen Artikel bei Moodys lesen