M&K Acquisitions Purchases Gleukos Sport Drink
CLACKAMAS, Ore.–(BUSINESS WIRE)–M&K Acquisitions announces its asset purchase of Gleukos, Inc., the all-natural sport drink company.
“This is an exciting day for the Gleukos brand,” said Gleukos founder Mark Jensen. “The purchase of Gleukos by M&K secures for the company the ability to further sales growth via increased DSD distribution, retail chain sell in and athletic endorsements while staying true to our unique athletic history and heritage.”
Gleukos expects to more than triple sales in 2009 with the addition of new distributors and retailers. Gleukos is available through Columbia Distribution, Bill’s Distributing, Paradise Beverage, Treasure Valley Distributing, Nutrimart, Mountain West Distribution and Underdog Distributing. The company will execute a private placement in the next 30 days to fund additional growth.
Gleukos is available at grocery, convenience and select sport specialty stores in OR, WA, AK, HI, UT, ID, WY, AZ, NM, NV and CA. Retailers include Fred Meyer, QFC, Associated Food Stores, Albertsons, Whole Foods, Zupans, Haggen, Thriftway, Plaid Pantry, 7-Eleven, Joes, The Bike Gallery and many more. Gleukos is available for purchase online at www.eastbay.com.
Gleukos, Inc. is an all-natural sports drink company created in 2003 by Oregon runner and former Nike employee, Mark Jensen. Its mission is to fuel athletes without syrupy fructose, sucrose or stimulants. Gleukos goes to work in the body almost instantly without digestion. Gleukos sponsors many teams and athletes, including the Oregon School Activities Association, Cycle Oregon, Portland Fit, Team in Training, Canadian Iron-Man champion Jasper Blake, Olympic medalist and MMA fighter Matt Lindland and others.
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