Celsius surges on deal to buy wellness drinks brand Alani Nutrition

Celsius Holdings

21/02/2025 09:40

** Shares of energy drink maker Celsius Holdings  CELH.O 
surge 33.6% premarket
    ** Celsius to buy health and wellness drinks brand Alani
Nutrition in $1.8 billion deal
    ** Wedbush analyst Gerald Pascarelli says, "This deal makes
good sense as Alani is one of the fastest growing brands in
energy with meaningful distribution whitespace"
    ** Celsius also posts better-than-expected Q4 revenue and
adjusted EPS
    ** Up to last close, stock had fallen 3% YTD; it slid 52% in
2024

 (Reporting by Nikhil Sharma in Bengaluru)
 ((Nikhil.Sharma@thomsonreuters.com;))