Who Brands - Brand Ownership DirectoryWho Brands
HomeBrowse BrandsCategoriesCompaniesCompareBlogQuizAbout
HomeBrowse BrandsCategoriesCompaniesCompareBlogQuizAbout
Who Brands

Your trusted reference for brand ownership information. We provide factual, comprehensive data about who owns the brands you know.

Stay in the know

Get the latest ownership updates delivered to your inbox.

Browse

  • All Brands
  • Categories
  • Companies
  • Countries
  • Compare Brands
  • Blog
  • Brand Quiz
  • RSS Feed

Company

  • About Us
  • Methodology
  • Contact
  • FAQ
  • Submit a Brand
  • List Your Brand
  • Write for Us

Legal

  • Terms of Service
  • Privacy Policy
  • Cookie Policy
  • Affiliate Disclosure
  • Disclaimer

Support Us

☕Buy me a coffee

2026 Who Brands. All information is provided for educational purposes. Brand names and logos are trademarks of their respective owners.

  1. Home
  2. Brands
  3. Food & Beverage
  4. smartwater
smartwater logo
Food & Beverage

Who Owns smartwater?

smartwater is owned by The Coca-Cola Company (NYSE: KO), the American multinational beverage corporation. Coca-Cola acquired the brand in 2007 through its $4.1 billion purchase of Glaceau, the parent company founded by J. Darius Bikoff. smartwater operates as a wholly-owned brand within Coca-Cola's water portfolio, managed from Atlanta, Georgia.

Parent Company

The Coca-Cola Company

Acquired

2007

Status

Publicly Traded

Headquarters

Atlanta, Georgia, USA

smartwater Timeline

1892
The Coca-Cola Company

Parent company established in Atlanta, Georgia, USA

Company Founded
1996

smartwater

Founded by J. Darius Bikoff

Founded
2007
Acquired by The Coca-Cola Company

The Coca-Cola Company acquired smartwater

Acquired
premiumpremiumUnited StatesunisexOfficial Website

Who Owns smartwater?

  • Parent Company: The Coca-Cola Company
  • Ownership Type: Wholly owned
  • Acquisition Year: 2007
  • Company Type: Publicly Traded
  • Stock Ticker: NYSE: KO
BrandParent CompanyOwnership Type
smartwaterThe Coca-Cola CompanyWholly owned

Where to Buy

Disclosure: We may earn commission from purchases
Amazonsmartwater on Amazon

History of smartwater

  • Founded: 1996
  • Founders: J. Darius Bikoff
  • Acquired by The Coca-Cola Company: 2007

J. Darius Bikoff founded smartwater in 1996 under his company Energy Brands, later known as Glaceau. Bikoff, a former textile industry executive, identified a gap in the bottled water market. Most bottled water at the time was either spring water or purified municipal water sold at low prices. Bikoff's concept was different: vapor-distill the water to remove all impurities, then add electrolytes (calcium, magnesium, and potassium) for taste. The result was a product that could command a premium price.

The brand launched in the New York metropolitan area and initially struggled to gain distribution. Bikoff personally delivered cases to delis and health food stores in Manhattan. The turning point came in the early 2000s when the brand secured distribution through Whole Foods and other natural grocery chains. Health-conscious consumers and celebrities adopted the brand, giving it an organic premium positioning that mass-market water brands lacked.

By 2005, Glaceau's revenue had reached approximately $350 million, driven primarily by vitaminwater and smartwater. The company caught the attention of both Coca-Cola and PepsiCo. In 2006, Coca-Cola made an initial minority investment in Glaceau, purchasing a 50 percent stake for approximately $1.4 billion. The following year, in May 2007, Coca-Cola acquired the remaining 50 percent for approximately $2.7 billion, bringing the total deal value to $4.1 billion.

Under Coca-Cola ownership, smartwater expanded from a regional premium brand to a national product with broad retail distribution. The brand's tall, clear bottle with a distinctive green cap became a recognizable presence in convenience stores, supermarkets, and airport retailers across the United States.

In 2010, smartwater signed actress Jennifer Aniston as its brand ambassador. The partnership has continued for over 15 years and is one of the longest-running celebrity endorsements in the beverage category. Aniston has appeared in multiple television and print campaigns, and the association with a health-conscious celebrity reinforced the brand's premium positioning.

The 2010s saw smartwater expand internationally, launching in the United Kingdom, Canada, and select European markets. The brand also extended its product line. In 2016, smartwater introduced smartwater sparkling, a carbonated version. In 2018, the brand launched smartwater antioxidant and smartwater alkaline, targeting the functional water segment.

As of 2026, smartwater remains Coca-Cola's primary premium water brand in the US market. The brand faces growing competition from functional water brands and from consumer shifts away from single-use plastic bottles. Coca-Cola has responded with aluminum bottle and aluminum can formats for smartwater, though the majority of sales remain in PET plastic bottles.

About The Coca-Cola Company

Who owns The Coca-Cola Company?
The Coca-Cola Company is a publicly traded corporation owned by its shareholders. Berkshire Hathaway is the largest single shareholder with approximately 9% of outstanding shares. Other major holders include Vanguard Group and BlackRock. The company has no controlling owner.

Is Coca-Cola publicly traded?
Yes, The Coca-Cola Company trades on the New York Stock Exchange under the ticker symbol KO. It is a component of both the S&P 500 and the Dow Jones Industrial Average. The company has been publicly traded since 1919.

What is Coca-Cola's annual revenue?
For FY2025, Coca-Cola reported net revenues of $47.9 billion, up 2% from $47.1 billion in FY2024. Organic revenues grew 5%. Full-year EPS was $3.04, and comparable EPS was $3.00.

Who is Coca-Cola's CEO?
Henrique Braun became CEO on March 31, 2026. He succeeded James Quincey, who transitioned to Executive Chairman after nine years as CEO. Braun previously served as COO and has worked at Coca-Cola for three decades.

How many brands does Coca-Cola own?
Coca-Cola owns more than 500 beverage brands sold in over 200 countries. Approximately 30 brands generate annual retail sales of at least $1 billion each. Major brands include Coca-Cola, Coke Zero Sugar, Sprite, Fanta, Dasani, Smartwater, Powerade, Minute Maid, Costa Coffee, and Fairlife.

What is Coca-Cola's business model?
Coca-Cola produces beverage concentrates and sells them to approximately 225 independent bottling partners worldwide. These bottlers manufacture, package, and distribute finished beverages. This franchise model generates high margins on concentrate sales while bottling partners handle capital-intensive manufacturing and distribution.

What is Coca-Cola's 2026 outlook?
Coca-Cola projects organic revenue growth of 4% to 5% and comparable EPS growth of 7% to 8% for 2026. The company expects an approximate 1% currency tailwind and an approximate 4% headwind from acquisitions and divestitures, primarily from the pending CCBA sale.

How many people does Coca-Cola employ?
As of December 31, 2025, Coca-Cola employed approximately 65,900 people, of which approximately 8,900 were located in the United States. The decrease from 69,700 in 2024 was primarily due to divestiture activity.

  • Founded: 1892
  • Headquarters: Atlanta, Georgia, USA
  • Company Type: Publicly Traded
  • Stock: NYSE: KO
  • Revenue: $47.9 billion (FY2025)
  • Employees: Approximately 65,900

Visit The Coca-Cola Company website

View full company profile for The Coca-Cola Company

Where Is smartwater Made / Based?

  • Headquarters: Atlanta, Georgia, USA
  • Manufacturing / Operations: United States, United Kingdom, Canada

smartwater Categories & Tags

Bottled WaterPremium WaterElectrolyte WaterCoca ColaVapor Distilled

smartwater Sustainability & Ethics

smartwater does not hold independent sustainability certifications. The brand does not appear on the Leaping Bunny cruelty-free list or the B Lab B Corp directory, as these certifications are not applicable to a bottled water brand. No independently verified sustainability flags apply.

The brand's environmental impact is tied to The Coca-Cola Company's broader sustainability practices. In December 2024, Coca-Cola announced revised voluntary environmental goals. The company committed to using 30 to 35 percent recycled plastic in its bottles by 2035 and to collecting 70 to 75 percent of the equivalent number of bottles and cans it produces annually. These targets replaced earlier, more ambitious commitments that included a goal for 25 percent reusable packaging by 2030, which was dropped.

Coca-Cola has been identified as the world's top branded plastic polluter in audits conducted by the "Break Free From Plastic" coalition for five consecutive years through 2024. A 2024 study published in Science Advances estimated that Coca-Cola's plastic waste in oceans could reach 602 million kilograms annually by 2030. smartwater, as a Coca-Cola brand sold in PET plastic bottles, contributes to this footprint.

The brand's aluminum bottle and can formats, introduced in recent years, offer a more recyclable alternative to plastic. However, these formats represent a small fraction of total smartwater sales. The majority of products are still sold in PET plastic.

Coca-Cola's water stewardship program, which applies to smartwater, aims to replenish 100 percent of the water used in finished beverages by 2030. The company uses the World Resources Institute Aqueduct 4.0 tool to identify high-risk water locations. As of 2024, 96 percent of Coca-Cola system facilities in high-risk areas had been evaluated.

Awards & Recognition

smartwater has not received independently verified product quality awards from recognized consumer publications such as Consumer Reports or Which?. The brand has not won awards at the Berkeley Springs International Water Tasting, the most recognized bottled water competition in the US.

The brand's recognition is primarily commercial rather than award-based. smartwater has been cited in market research reports by Grand View Research and Beverage Marketing Corporation as a leading premium water brand in the US by retail sales. This is market data, not an independent quality award.

smartwater is a member of the International Bottled Water Association (IBWA), which sets industry standards for bottled water safety and quality. IBWA membership indicates compliance with industry standards but is not an award.

The Jennifer Aniston partnership, while notable as a marketing achievement, is a celebrity endorsement rather than an independent recognition of product quality. No independently verified awards for smartwater's packaging design have been documented as of August 2026.

smartwater Recalls & Controversies

No formal product safety recall has been issued for smartwater in the United States as of August 2026. The brand has not been subject to FDA recall action or to recalls by the CPSC.

The primary controversies surrounding smartwater are environmental, stemming from Coca-Cola's broader plastic pollution record. Coca-Cola has been named the world's top branded plastic polluter for five consecutive years through 2024 in audits by the "Break Free From Plastic" coalition. smartwater, as a Coca-Cola brand sold primarily in PET plastic, is part of this footprint.

In December 2024, Coca-Cola revised its environmental goals, reducing its recycled plastic target to 30 to 35 percent by 2035 and dropping its reusable packaging commitment. Environmental organizations including the Plastic Pollution Coalition and Greenpeace criticized the changes as a regression. The revised goals apply to all Coca-Cola brands including smartwater.

Marketing claims for smartwater have faced scrutiny. The brand's vapor-distillation process and electrolyte addition are factual, but some consumer advocates have questioned whether these features justify the premium price or provide meaningful health benefits beyond standard purified water. No regulatory body has ruled against smartwater's marketing claims as of August 2026.

The broader bottled water industry faces criticism for water extraction practices, particularly in water-stressed regions. smartwater sources from municipal water supplies rather than natural springs, which reduces some extraction concerns but raises questions about the commercialization of public water resources.

Brands Owned by The Coca-Cola Company

AHAFood Beverage

AHA

Owned by The Coca-Cola Company

Flavored sparkling water brand owned by The Coca-Cola Company, launched in 2020 with zero-calorie, naturally flavored varieties in aluminum cans.

sparkling-waterflavored-waterzero-calorie
Barq'sFood Beverage

Barq's

Owned by The Coca-Cola Company

American brand of root beer and other soft drinks owned by The Coca-Cola Company.

root-beersoft-drinkbeverage
Coca-ColaFood Beverage

Coca-Cola

Owned by The Coca-Cola Company

Carbonated soft drink brand and flagship product of The Coca-Cola Company.

soft-drinkbeveragecarbonated
Coke Zero SugarFood Beverage

Coke Zero Sugar

Owned by The Coca-Cola Company

Zero-calorie cola soft drink owned by The Coca-Cola Company, formulated to taste like original Coca-Cola. One of Coca-Cola's fastest-growing global brands.

soft-drinkzero-caloriediet-cola
Costa CoffeeFood Beverage

Costa Coffee

Owned by The Coca-Cola Company

British coffee shop chain and roastery, the largest in the UK, owned by The Coca-Cola Company.

coffeecoffee-shopcafe
DasaniFood Beverage

Dasani

Owned by The Coca-Cola Company

Purified bottled water brand owned by The Coca-Cola Company (NYSE: KO). Launched in 1999, Dasani is Coca-Cola's fourth-largest brand by volume in North America and holds approximately 12% global market share in bottled water.

bottled-waterpurified-waterbeverages
View all brands owned by The Coca-Cola Company

smartwater Ownership: Pros & Cons

Advantages

  • +Access to Coca-Cola's bottling and distribution network across 200+ countries
  • +Premium price point with higher margins than mass-market water brands
  • +Strong brand recognition supported by 15+ year Jennifer Aniston endorsement
  • +Diversified product line including sparkling, alkaline, and antioxidant variants
  • +Positioned in the faster-growing premium water segment within Coca-Cola's portfolio

Considerations

  • -Coca-Cola's status as world's top plastic polluter creates reputational risk for smartwater
  • -Consumer shift away from single-use plastic bottles threatens the brand's primary packaging format
  • -Premium pricing limits addressable market compared to mass-market competitors
  • -No independent sustainability certifications specific to the smartwater brand
  • -Reliance on municipal water sources invites criticism about commercializing public water

Frequently Asked Questions About smartwater

Sources & Further Reading

  • smartwater Official Website
  • The Coca-Cola Company Investor Relations (NYSE: KO)
  • Coca-Cola 2024 Annual Report
  • Coca-Cola Revised Environmental Goals (December 2024)
  • Plastic Pollution Coalition: Coca-Cola Drops Reuse Targets
  • Guardian: Coca-Cola Plastic Waste Study
  • Grand View Research: Premium Bottled Water Market
  • International Bottled Water Association
  • Coca-Cola Water Stewardship Program
  • Break Free From Plastic Brand Audits

Competitors to smartwater

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
EvianEvian
Danone
France
1826
Global premium-still-water-leaderGlobalAll Genders
Fiji WaterFiji Water
Wonderful Company
United States
1996
PremiumNorth americaAll Genders
DasaniDasaniSister Brand
Coca Cola Company
USA
1999
Mass marketGlobalAll Genders
Topo ChicoTopo ChicoSister Brand
Coca Cola Company
Mexico
1895
Mass marketGlobalAll-ages

Learn More About Competitors

EvianFood Beverage

Evian

Owned by Danone S.A.

French premium natural mineral water brand sourced from a protected Alpine aquifer above Evian-les-Bains, France. Owned by Danone S.A. (Euronext Paris: BN) since 1970, Evian is sold in more than 140 countries and celebrated its 200th anniversary in 2026. All Evian plastic bottles are made from 100% recycled PET.

bottled-watermineral-waterpremium-water
Fiji WaterFood Beverage

Fiji Water

Owned by The Wonderful Company

Premium bottled water brand sourced from an artesian aquifer in Fiji, owned by The Wonderful Company.

bottled-waterbeveragepremium-water
DasaniFood Beverage

Dasani

Owned by The Coca-Cola Company

Purified bottled water brand owned by The Coca-Cola Company (NYSE: KO). Launched in 1999, Dasani is Coca-Cola's fourth-largest brand by volume in North America and holds approximately 12% global market share in bottled water.

bottled-waterpurified-waterbeverages
Topo ChicoFood Beverage

Topo Chico

Owned by The Coca-Cola Company

Mexican mineral water brand owned by The Coca-Cola Company, known for its naturally carbonated mineral water sourced from Cerro del Topo Chico in Monterrey, Mexico.

mineral-watersparkling-waterbottled-water

Competitive Analysis

Market Positioning: smartwater competes with 4 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.

Independent Alternatives to smartwater

Looking for brands with different ownership structures? These similar brands are not owned by The Coca-Cola Company, giving you alternative choices that support different corporate structures.

Fiji WaterFood Beverage

Fiji Water

Owned by The Wonderful Company

Premium bottled water brand sourced from an artesian aquifer in Fiji, owned by The Wonderful Company.

bottled-waterbeveragepremium-water
Privately Owned

Fiji Water is privately owned, unlike smartwater which is under a publicly traded parent company.

Ferrero RocherFood Beverage

Ferrero Rocher

Owned by Ferrero

Premium hazelnut chocolate brand launched in 1982 by Ferrero Group, sold in over 170 countries. Known for gold-foil wrapped praline chocolates and gifting positioning.

chocolatepremium-chocolategifting
Privately Owned

Ferrero Rocher is privately owned, unlike smartwater which is under a publicly traded parent company.

Naked JuiceFood Beverage

Naked Juice

Owned by Tropicana Brands Group

American premium juice and smoothie brand founded in Santa Monica in 1983. Owned by Tropicana Brands Group since 2021, previously by PepsiCo from 2007.

juicesmoothiecold-pressed
Privately Owned

Naked Juice is privately owned, unlike smartwater which is under a publicly traded parent company.

Purely ElizabethFood Beverage

Purely Elizabeth

Owned by Ferrero

Better-for-you breakfast brand founded in 2009 in Boulder, Colorado, known for granola, oatmeal, and cereal with premium ingredients. Acquired by Ferrero Group in August 2026 for approximately $850 million.

granolabreakfastbetter-for-you
Privately Owned

Purely Elizabeth is privately owned, unlike smartwater which is under a publicly traded parent company.

StonyfieldFood Beverage

Stonyfield

Owned by Lactalis Group

American organic yogurt brand founded in New Hampshire in 1983, owned by Lactalis Group since 2017. The best-selling certified organic yogurt brand in the United States and a certified B Corporation.

yogurtorganicdairy
Privately Owned

Stonyfield is privately owned, unlike smartwater which is under a publicly traded parent company.

TropicanaFood Beverage

Tropicana

Owned by Tropicana Brands Group

American fruit juice brand best known for its not-from-concentrate orange juice, owned by Tropicana Brands Group since 2021.

juiceorange-juicebeverage
Privately Owned

Tropicana is privately owned, unlike smartwater which is under a publicly traded parent company.

The Coca-Cola Company Stock Information

Jobs at The Coca-Cola Company

Latest News About smartwater

Related Articles About smartwater

View more articles
Who Owns the Bottled Water Industry
Industry Ownership

Who Owns the Bottled Water Industry

Nestlé, Coca-Cola, and PepsiCo together control most of the bottled water market. Here is the full ownership map of the bottled water industry, from Evian and Perrier to Dasani and Aquafina, and what recent major brand sales have changed.

Who Brands StaffMar 23, 2026
Bottled WaterIndustry OwnershipNestlé
The Story Behind the Coca-Cola Acquisition Strategy
Brand History

The Story Behind the Coca-Cola Acquisition Strategy

Coke, Sprite, Fanta, Minute Maid, Powerade, Dasani, Smartwater, Costa Coffee, Fuze Tea, and over 200 more brands all share one parent. Here is how The Coca-Cola Company quietly became a total beverage company.

Who Brands StaffMar 30, 2026
Coca ColaBrand HistoryAcquisitions
Who Owns the Juice Market
Industry Ownership

Who Owns the Juice Market

Coca-Cola and PepsiCo together control most of the branded juice market through Minute Maid, Simply Orange, and Tropicana. Here is the full ownership map of the global juice market, from premium cold-pressed to mainstream carton juice.

Who Brands StaffMar 25, 2026
Juice MarketIndustry OwnershipCoca Cola
View more articles

People Also Searched

Discover popular brands and companies in the Food & Beverage category and related searches from other users.

7 Up
Brandsoft-drink

7 Up

American lemon-lime flavored carbonated soft drink brand known for its crisp, clean taste and caffeine-free formula.

Brand in Food & Beverage
lemon-limecaffeine-free
Activia
Brandprobiotic

Activia

Probiotic yogurt brand owned by Danone SA, sold in more than 70 countries. Activia is positioned as a digestive health product and is one of Danone's highest-revenue dairy brands globally.

Brand in Food & Beverage
yogurtdigestive-health
Aero
Brandchocolate

Aero

British chocolate brand known for its distinctive aerated, bubbly texture, produced and distributed by Nestle and sold primarily in the United Kingdom, Canada, and select international markets.

Brand in Food & Beverage
confectionerysnacks
Browse All Food & Beverage

Last reviewed: August 18, 2026 · Reviewed by Who Brands Editorial Team