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Naked Juice is an American brand that produces juices and smoothies.The company is based in Monrovia, California and is owned by PAI Partners.The first Naked Juice drink was produced in 1983 and sold in California under the name "Naked Juice", referring to the composition of no artificial flavors, added sugar, or preservatives. [1]
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Jimmy was the founder of the Naked Juice Company in 1983 that was later sold to PepsiCo under the parent company’s PepsiCo Americas Beverages division in 2006. [ 3 ] On November 10, 2011 Evolution Fresh was acquired by Starbucks Corporation .
On August 3, 2021, PepsiCo announced that they would sell a majority stake in Tropicana, Naked Juice, and other juice brands to PAI Partners for $3.3 billion, to concentrate on their healthy snack foods and zero-calorie beverages. They would retain a 39% stake in the new joint-venture company and have exclusive distribution rights to the brands ...
The company purchased Tropicana in 1998 and Naked in 2006. Since then, juice sales have slowly decelerated as consumers seek out less sugary drink options. PepsiCo said sales for the juice brands ...
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