In 2011, it acquired the remaining stake in Honest Tea, having bought a 40% stake in 2008 for $43 million.[24] In 2013, it finalized its purchase of ZICO, a coconut water company.[25][26][27] In August 2014, it acquired a 16.7% (currently 19.36% due to stock buy backs) stake in Monster Beverage for $2.15 billion with an option to increase it to 25%, as part of a long-term strategic partnership that includes marketing and distribution alliance, and product line swap.[28] In 2015, the company took a minority stake ownership in the cold pressed juice manufacturer, Suja Life LLC.[29][30] In December 2016, it bought many of the former SABMiller's Coca-Cola operations.[31] The Coca-Cola Company owns a 68.3% stake in Coca-Cola Bottlers Africa.