Who Owns NOS?
NOS is owned by Monster Beverage Corporation (NASDAQ: MNST), a publicly traded American beverage company headquartered in Corona, California. Monster Beverage acquired NOS from The Coca-Cola Company in June 2015 as part of a strategic transaction in which Coca-Cola transferred its energy drink brands to Monster in exchange for a 19.9% equity stake in Monster Beverage. NOS is distributed through Coca-Cola's global bottling and distribution network under the terms of that agreement.
Parent Company
Monster Beverage Corporation
Acquired
2015
Status
Publicly Traded
Headquarters
Corona, California, USA
Who Owns NOS?
- Parent Company: Monster Beverage Corporation
- Ownership Type: Wholly owned
- Acquisition Year: 2015
- Company Type: Publicly Traded
- Stock Ticker: NASDAQ: MNST
| Brand | Parent Company | Ownership Type |
|---|---|---|
| NOS | Monster Beverage Corporation | Wholly owned |
History of NOS
- Founded: 2002
- Founders: Coca-Cola Company (internal development)
- Acquired by Monster Beverage Corporation: 2015
NOS was created by The Coca-Cola Company in 2002 as a high-caffeine energy drink positioned around automotive racing culture. The brand name references nitrous oxide (chemical symbol N2O), commonly abbreviated as "NOS" in automotive contexts, which is used as a performance-enhancing fuel additive in drag racing and other motorsports. The branding drew directly on this association, with the original NOS cans featuring a design reminiscent of a nitrous oxide canister and marketing focused on speed, power, and automotive performance.
Coca-Cola developed NOS as a response to the explosive growth of Monster Energy and Red Bull in the early 2000s, which had demonstrated that high-caffeine energy drinks could command premium pricing and generate substantial consumer loyalty. NOS was positioned as a higher-caffeine alternative to mainstream energy drinks, with its original formulation containing 260 milligrams of caffeine per 16-ounce can, significantly more than Monster Energy's standard 160 milligrams.
The brand was launched with marketing partnerships in motorsports, including NASCAR and drag racing sponsorships, and developed a following among automotive enthusiasts and consumers who prioritized maximum caffeine content over other energy drink attributes. NOS was distributed through Coca-Cola's bottling network, giving it broad retail availability from launch.
Throughout the late 2000s and early 2010s, NOS maintained a niche position in the energy drink market as a high-caffeine specialist brand, never achieving the mainstream scale of Monster Energy or Red Bull but sustaining a loyal consumer base. The brand expanded its flavor portfolio beyond the original citrus flavor to include grape, cherry, and other variants.
The June 2015 transaction that transferred NOS to Monster Beverage was transformative for the brand's distribution and strategic positioning. Under Monster Beverage's ownership, NOS benefited from Monster's marketing expertise and continued distribution through the Coca-Cola bottling network. Monster Beverage has maintained NOS as a distinct brand within its portfolio rather than folding it into the Monster Energy family, preserving its automotive culture identity and high-caffeine positioning.
About Monster Beverage Corporation
Monster Beverage Corporation is a publicly traded American beverage company specializing in energy drinks and functional beverages. Headquartered in Corona, California, the company manufactures and distributes its products through a network of third-party bottlers, co-packers, and distribution partners globally.
The company's business model focuses on brand development, product innovation, and marketing while outsourcing manufacturing and distribution to established partners. Monster Beverage operates multiple energy drink brands targeting different consumer segments, from mainstream consumers to fitness enthusiasts and extreme sports participants.
The company generates revenue through the sale of its beverage brands across multiple distribution channels including retail stores, convenience stores, gas stations, and e-commerce platforms. Monster Beverage has experienced significant growth, with annual revenues exceeding $6 billion as of 2024, and maintains strong market positions in North America, Europe, and Asia-Pacific regions.
- Founded: 1935
- Headquarters: Corona, California, USA
- Company Type: Publicly Traded
- Stock: NASDAQ: MNST
Where Is NOS Made / Based?
- Headquarters: Corona, California, USA
- Manufacturing / Operations: United States (through third-party co-packers), Global (through Coca-Cola bottling network)
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NOS Ownership: Pros & Cons
Advantages
- +Monster Beverage's distribution agreement with Coca-Cola's global bottling network provides NOS with access to one of the world's most extensive beverage distribution systems, ensuring broad retail availability across convenience stores, gas stations, and supermarkets
- +Monster Beverage's asset-light business model, which generates operating margins consistently exceeding 25 percent, provides the financial resources to invest in NOS's marketing and product development without the capital constraints that affect manufacturers with owned production facilities
- +NOS's distinct automotive culture positioning and high-caffeine formulation differentiate it from Monster Energy's mainstream positioning, allowing the two brands to coexist within Monster's portfolio without direct cannibalization
- +The Coca-Cola Company's 19.9% stake in Monster Beverage aligns the interests of the world's largest beverage distributor with Monster's brand portfolio performance, providing strategic support for NOS's continued distribution and retail placement
Considerations
- -NOS is a relatively small brand within Monster Beverage's portfolio, which is dominated by Monster Energy, and may receive less marketing investment and strategic attention than the flagship brand
- -The addition of Bang Energy to Monster Beverage's portfolio in 2023 created a competing high-caffeine brand that targets a similar consumer segment to NOS, potentially creating internal competition for retail shelf space and marketing resources
- -Regulatory scrutiny of high-caffeine energy drinks, including FDA reviews of caffeine content labeling and marketing restrictions targeting minors, creates compliance costs and potential constraints on NOS's marketing activities
- -The energy drink market's maturation in the United States, where Monster Energy and Red Bull have established dominant positions, limits the growth potential for smaller brands like NOS that lack the scale to compete for mainstream consumer attention
Frequently Asked Questions About NOS
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to NOS
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Red Bull | Austria | 1987 | Mass Market | Global | All Genders | |
| Coca Cola Company | USA | 2005 | Mass Market | North America | All Genders |
Learn More About Competitors

Red Bull
Owned by Red Bull
Austrian energy drink brand and the world's best-selling energy drink by volume, owned by Red Bull GmbH, a privately held company controlled by the Yoovidhya family and the estate of Dietrich Mateschitz.

Vault
Owned by The Coca-Cola Company
Citrus-flavored energy soda brand formerly owned by The Coca-Cola Company, discontinued in 2011.
Competitive Analysis
Market Positioning: NOS competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Monster Beverage Corporation Stock Information
Jobs at Monster Beverage Corporation
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