Who owns Big Red?
Big Red is a soft drink, that is popular in the Southern United States, known for its unique taste and red color. Though often thought to be bubble gum, its flavor is a combination of lemon and orange oils, topped off by pure vanilla that offers a creamy aftertaste. Who owns Big Red? Big Red…
Big Red is a soft drink, that is popular in the Southern United States, known for its unique taste and red color. Though often thought to be bubble gum, its flavor is a combination of lemon and orange oils, topped off by pure vanilla that offers a creamy aftertaste.
Who owns Big Red?
Big Red was the sixth-highest-selling soft drink company in the United States from 2002 to 2004, after Coca-Cola, Pepsi, Dr. Pepper/7Up, Cott, and National Beverage Company. As a preeminent red crème soda in the South. Established in 1997, by Central Arkansas natives, David, and Doug Hendrix, Summerwood Partners owns and operates Big Red Stores throughout Central Arkansas. At Big Red Stores, you can expect to fuel your car and provide for many of your on-the-go needs. Services vary from location to location though many offer coffee, drinks, snacks, a car wash, movie rental, propane, ice, and basic groceries.
In 2007 Big Red Ltd. was purchased by Gary Smith, with backing from Citigroup Venture Capital and Goldman Sachs. Smith serves as the Chairman and CEO of Big Red and All Sport, Inc. As of 2008, Keurig Dr. Pepper purchased a minority interest in Big Red, Inc. Dr. Pepper distributes almost 80% of Big Red annually. Although the production facility is still in Waco, Texas, Big Red relocated its corporate headquarters to Austin, Texas, in 2009.
