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Coca-Cola Co. Coke confirmed that BodyArmor is its largest-ever brand acquisition. The deal is part of a multi-year effort at Coke to move beyond sugary soft drinks and into other categories like juices, enhanced waters and sports drinks. Coke bought the Fairlife milk brand in and Costa coffee in Seriously Coke?! Soda once contained drug but likely much less than post claims. Suds after working up a sweat: Beer after a workout? Brewers take a cue from Gatorade and add electrolytes into lower alcohol brews. Basketball legend Kobe Bryant was an early investor in BodyArmor, becoming its third-largest shareholder and a member of its board in Coke announced the acquisition at a. Coke and BodyArmor would not confirm that amount. BodyArmor had the third-highest market share in the U. Atlanta-based Coke said it will manage the BodyArmor brand as a separate business. It will continue to be based in New York. Dee-Ann Durbin Associated Press. Facebook Twitter Email. Share your feedback to help improve our site!