Dr Pepper Snapple Group Inc. (NYSE: DPS) is making a $20 million investment in BA Sports Nutrition LLC, to take an 11.7% stake in the maker of the Bodyarmor sports drink.

Bodyarmor is a sports drink that is made with electrolytes, coconut water and pure cane sugar. It has no artificial colors or flavors. Plano, Texas-based Dr Pepper has been Bodyarmor’s distributor since 2013.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.