The Vita Coco Company Acquires Coconut Water Producer Copra for Upfront $175 Million

Cooley advised Copra, a producer of super-premium Thai Nam Hom coconut water, on its acquisition by The Vita Coco Company. The purchase price consisted of an upfront consideration of $175 million, subject to customary closing adjustments, with additional earnout consideration to be paid in 2029 based on 2028 financial performance, with a floor of $45 million and a cap of $100 million.