July 30, 2016 8:24 PM ET

Beverages

Company Overview of Red Bull GmbH

Company Overview

Red Bull GmbH produces and markets energy and sugar free drinks to customers in Austria and internationally. The company was founded in 1984 and is based in Fuschl am See, Austria.

Am Brunnen 1

Fuschl am See,  5330

Austria

Founded in 1984

Phone:

43 662 6582 0

Fax:

43 662 6582 7010

Key Executives for Red Bull GmbH

Founder and Managing Director
Compensation as of Fiscal Year 2016.

Red Bull GmbH Key Developments

GoPro and Red Bull Forms Exclusive Global Partnership

GoPro and Red Bull announced they are joining forces on a multi-year, global partnership that includes content production, distribution, cross-promotion and product innovation. As part of the agreement, Red Bull will receive equity in GoPro and GoPro will become Red Bull's exclusive provider of point-of-view imaging technology for capturing immersive footage of Red Bull's media productions and events. GoPro's product and brand will have access to more than 1,800 Red Bull events across more than 100 countries, the companies will share content rights on co-productions, and related content will be distributed across both Red Bull and GoPro's digital distribution networks, including The GoPro Channel, Red Bull TV, Red Bull.com and in the Red Bull Content Pool, Red Bull's media service platform.

Red Bull GmbH Announces Consolidated Earnings Results for the Full Year of Fiscal 2014

Red Bull GmbH announced consolidated earnings results for the full year of fiscal 2014. For the year, the company announced profit reportedly grew 1.45%, far slower than in recent years. The company made a net profit of EUR 370 million (AUD 584.3 million). Revenues rose 5% to EUR 2.66 billion, but were outweighed by major marketing cost for Red Bull. The operating profit therefore fell 19% to EUR 333 million. The entire group collected revenues of EUR 5.11 billion, 1.45% higher than in 2013.

Rabie Creditors Come To An Agreement Over Sale

Banco de Credito e Inversiones (SNSE:BCI), Unilever plc (LSE:ULVR) and Distribuidora Rabie S.A.'s own workers have come to an agreement over the sale of Rabie's assets. Only proposals above CLP 18 billion will be accepted on July 30, 2015. There are three potential candidates for such assets. There is speculation that Red Bull GmbH and La Caserita could be behind the assets in question. Rabie's creditors will have to vote on the proposals received and this could take place early in August 2015, although it could be brought forward.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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