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Celsius's acquisition of Alani Nu is strategically sound, but integration and distribution execution risks remain. Read what ...
Alani Nu is an energy drink with similar branding to Celsius that only launched in 2018. Alani Nu is owned by privately held Congo Brands, which means that retail investors don't have access to ...
Celsius adds Alani Nu to its portfolio, aiming to capture female consumers and boost its edge in functional energy drinks.
Celsius has huge expectations for the Alani Nu acquisition, with an anticipated boost to revenue of more than 40% and pro forma profitability climbing nearly 60% using adjusted earnings before ...
The Details Celsius will pay $1.8 billion for Alani Nu, made up of both cash and stock, the companies said. The deal, which includes a net purchase price of $1.65 billion and $150 million in tax ...
CELH rides rising lifestyle trends with bold innovations, shelf gains and the Alani Nu boost driving energy market share.
The Alani Nu deal will be financed with cash on hand, adding $900 million in debt to the balance sheet, and issuing 22.5 million shares of Celsius stock to Alani Nu owners.
John Fieldly, Chairman and CEO of Celsius, said, “Celsius is at a defining moment in the better-for-you, functional lifestyle products movement, and we are thrilled to welcome Alani Nu to the ...
Shares of Celsius Holdings were higher after the company said it has closed on its acquisition of Alani Nu, the rival energy-drink brand popular with young women. The stock was up 4.2% at $37.10 ...
Under the terms of the agreement, Celsius has agreed to acquire Alani Nu from co-founders, Katy and Haydn Schneider, and Congo Brands’ Co-Founders, Max Clemons and Trey Steiger, for $1.8 billion ...
Alani Nu is an energy drink with similar branding to Celsius that only launched in 2018. And it's clear that the latter is outgrowing Celsius (and others) by a mile.
Celsius has huge expectations for the Alani Nu acquisition, with an anticipated boost to revenue of more than 40% and pro forma profitability climbing nearly 60% using adjusted earnings before ...