Keurig Dr Pepper enters long-term agreement to distribute Electrolit in US
Source Keurig Dr Pepper
Keurig Dr Pepper Inc. and Grupo PiSA announced that KDP will sell, distribute and merchandise Electrolit, a premium hydration beverage, across the United States as part of a long-term sales and distribution agreement.
According to the announcement, the partnership extends KDP's portfolio into sports hydration, a key white space category for the company, and is designed to significantly expand Electrolit's distribution and continue the brand's accelerated growth.
Leveraging its more than 70-year history and leading market position in Mexico, Electrolit entered the U.S. market in 2014. With its great taste, premium ingredients and scientific formula, Electrolit is growing at a strong double-digit rate in the U.S.
Under the partnership, KDP will sell and distribute Electrolit in the vast majority of KDP's company-owned direct store distribution territories and across all channels of trade. Building on its Hispanic heritage and regional strengths, Electrolit has a long runway for growth among a broad multi-cultural consumer base as KDP enhances its distribution nationwide.
Andrew Archambault, president – Commercial & Beverage Concentrates, KDP, said in the announcement: "We are thrilled to enter the sports hydration category with Electrolit, broadening our portfolio to address this important beverage occasion for our consumers. Electrolit is a differentiated brand with tremendous consumer appeal, and KDP's proven sales and distribution capabilities are poised to unlock its significant growth potential."
Caridad Ochoa, president and chief executive officer of Electrolit USA, added in the announcement: "We look forward to a highly successful alliance and partnership between our companies. KDP is the right strategic partner to further expand Electrolit's footprint in the U.S. KDP's scale, capabilities and insights, coupled with Electrolit's rich heritage and loyal following, will drive the next stage of our determined growth initiatives."
The transition of Electrolit distribution to KDP will occur in early 2024. Other terms of the agreement are not being disclosed.
About Electrolit
Formulated with magnesium, potassium, calcium, sodium glucose, and sodium lactate plus six ions for electrolyte absorption, Electrolit aids in the recovery of the hydro electrolytic imbalance, fulfilling metabolic and hydration needs. Available in 15 flavors, Electrolit is currently offered in national, grocery, convenience, and online channels across the nation. Electrolit is manufactured and owned by Pisa Pharmaceuticals, a large pharmaceutical company in Mexico and Latin America.
