Beverage Giants Circle Celsius Holdings for Potential Acquisition

Celsius Holdings is one of the most talked-about consolidation candidates in the beverage industry, according to recent reports.

The company's shares are down 39.3% year to date and 44.6% lower than a year ago, leaving Celsius with a market cap of roughly $7.0 billion.

CEO John Fieldly told investors that the company has '2 billion-dollar brands and a third brand with a clear role in the portfolio,' which includes Alani Nu, delivering $364.40 million in Q2 revenue.

Potential acquirers include Keurig Dr Pepper, Coca-Cola, Monster Beverage, and PepsiCo, although each company has its own unique challenges and conflicts of interest.