Coca-Cola Amatil (CCA) and The Coca-Cola Company have jointly acquired a minority stake of 45% in Australian firm Made Group.

Established in 2005, Made Group offers cold-pressed juice, high-protein smoothies, probiotic milk, yoghurts, coconut water and cold-brew coffee.

The company currently manufactures various beverage brands such as Cocobella, Rokeby Farms, Impressed and Nutrient Water.

CCA Group’s managing director Alison Watkins said: “Our aim is to bring the Made range of products to an even wider audience through our expertise and reach in distribution. There’ll be no changes to the flavours or ingredients.

“Globally, Coca-Cola has shown that we can build successful new brands through both acquisition and our long history of innovation.”

“Made Group co-founders Luke Marget and Matt Dennis will stay on in charge of the business and keep doing what they love–developing and producing a fantastic food and beverage range.”

Made Group will continue to operate as an independent unit and will be backed by The Coca-Cola Company Australia and CCA to grow market reach and distribution.

Made Group co-founder Luke Marget said: “We will continue to run the business with the same great people making the same products in the same way. What we will now be able to do is introduce our products to more people both locally and abroad.”

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The deal is said to be the key link in the Accelerated Australian Growth Plan for CCA and Coca-Cola Australia.

The plan aims to strengthen performance in attractive growth categories and explore mergers or acquisitions.

Coca-Cola Australia president Vamsi Mohan said: “We are always looking to offer the new beverages that Australians want. Globally, Coca-Cola has shown that we can build successful new brands through both acquisition and our long history of innovation.”