M&A
confidence high
sentiment positive
materiality 0.85
Vita Coco acquires Copra for $175M upfront plus earnout up to $100M
Vita Coco Company, Inc.
- Upfront consideration $175M (80% cash, 20% stock); earnout $45M floor, $100M cap based on 2028 gross profit.
- Copra is super-premium Thai Nam Hom coconut water producer; 2026 net sales expected >$100M.
- Copra's net sales CAGR 48% over past 3 years; acquisition expands Vita Coco's addressable market and supply chain.
- Vita Coco expects acquisition to be accretive to Adjusted EBITDA margins post full integration.
- Deal closed July 22, 2026; Copra founders to continue leading business.