Who Owns Fevertree Drinks Company?

Fevertree Drinks Bundle

Get Full Bundle:

	5 FORCES	$15	$10
	BCG	$15	$10
	CANVAS	$15	$10
	4P's MIX	$15	$10
	PESTLE	$15	$10
	SWOT	$15	$10

TOTAL:

ADD TO CART

Who Owns Fevertree Drinks PLC?

Fevertree Drinks PLC, a prominent British producer of premium drink mixers, has established a significant global presence. Its journey from a private venture to a publicly traded company began with an IPO in November 2014, valuing it at £154.4 million.

Founded in 2004 by Charles Rolls and Tim Warrillow, the company's mission was to elevate the mixer category with natural ingredients and sophisticated flavors. This focus has positioned it as the leading global supplier of premium carbonated mixers by retail sales value, reaching over 90 countries.

As of February 2025, Fevertree Drinks PLC holds a market capitalization of approximately $1.16 billion. Understanding its ownership structure reveals the influence of its founders, early investors, and the broader public shareholder base, all contributing to its strategic trajectory and corporate governance. For a deeper dive into market factors, consider the Fevertree Drinks PESTEL Analysis.

The journey of the company began in 2004 when Charles Rolls and Tim Warrillow, united by a vision for premium, all-natural tonic water, co-founded the business. Rolls brought his expertise from the gin industry, while Warrillow contributed his background in advertising, aiming to fill a perceived void in the market for high-quality mixers. Their initial product, Fever-Tree Indian Tonic Water, launched in 2005 and quickly secured placement in notable retailers like Selfridges and Waitrose.

Founders' Vision

Charles Rolls and Tim Warrillow aimed to create premium, all-natural mixers. Their focus was on quality, distinguishing their products from mass-market alternatives.

Early Market Entry

The company's first product, Fever-Tree Indian Tonic Water, launched in 2005. It rapidly gained distribution in key retailers, signaling early market acceptance.

Initial Investment

In 2006, London & Lochside, a venture capital firm, provided the company with its initial external funding. This investment supported the early growth phase.

Significant Stake Acquisition

Lloyds Development Capital acquired a 25% stake in March 2013. This transaction marked the exit of London & Lochside from its investment.

Founders' Equity Details

The precise initial equity split between the co-founders is not publicly disclosed. However, their strategic vision has consistently guided the company's development.

Company Growth Strategy

The company's early strategy prioritized quality and premium positioning. This approach influenced its growth trajectory and market perception.

While the exact initial equity distribution between co-founders Charles Rolls and Tim Warrillow remains private, the company's early development saw external investment. London & Lochside provided initial backing in 2006. A notable shift in ownership occurred in March 2013 when Lloyds Development Capital purchased a 25% stake, coinciding with London & Lochside's exit. The founders' commitment to premium, natural mixers was the driving force behind the company's initial expansion and subsequent ownership structure, emphasizing product excellence. Understanding the Mission, Vision & Core Values of Fevertree Drinks provides context for their strategic decisions.

Early Ownership Milestones

The company's early ownership structure was shaped by strategic investments and founder-led growth.

• Initial funding secured from London & Lochside in 2006.
• Lloyds Development Capital acquired a 25% stake in March 2013.
• London & Lochside exited its holding during the 2013 transaction.
• Founders' equity details from inception are not publicly detailed.
• The company's growth has been guided by a focus on premium, natural ingredients.

Fevertree Drinks SWOT Analysis

• Complete SWOT Breakdown
• Fully Customizable
• Editable in Excel & Word
• Professional Formatting
• Investor-Ready Format

GET TEMPLATE ➔

The ownership structure of Fevertree Drinks PLC underwent a significant transformation following its flotation on the London Stock Exchange in November 2014, with an initial public offering that valued the company at £154.4 million. This transition to a public entity marked a diversification of its shareholding, with institutional investors becoming the dominant force.

Following its public offering, Fevertree Drinks PLC's ownership has become predominantly held by institutional investors, who collectively own approximately 79.8% of the company's shares, equating to around 95.13 million shares. Individual insiders, including the company's founders, maintain a stake of about 9.51%. The landscape of major institutional shareholders is dynamic, with firms like Lindsell Train Ltd., Ninety One UK Ltd., and Baillie Gifford & Co. consistently appearing as significant holders. Recent reports from 2025 and late 2024 also highlight other key institutional investors such as SMALLCAP WORLD FUND INC, GROWTH FUND OF AMERICA, TIAA-CREF International Opportunities Fund, iShares Core MSCI EAFE ETF, Templeton Global Smaller Companies Fund, Vanguard International Explorer Fund, iShares MSCI EAFE Small-Cap ETF, Fundamental Global Franchise Fund, and iShares Core MSCI Total International Stock ETF. Notable shifts in holdings include The Capital Group Companies, Inc. reducing its voting rights below the 5% threshold to 4.813169% in November 2024, and FIL Limited's total voting rights decreasing to 4.7473% in February 2025. These movements reflect ongoing portfolio adjustments by large investment managers and can influence shareholder dynamics within the Fevertree company.

Key Institutional Investors in Fevertree

Institutional investors are the primary holders of Fevertree stock, with their collective ownership representing a substantial portion of the company. These large investment firms actively manage their portfolios, leading to shifts in their stakes over time.

• Lindsell Train Ltd.
• Ninety One UK Ltd.
• Baillie Gifford & Co.
• SMALLCAP WORLD FUND INC
• GROWTH FUND OF AMERICA
• TIAA-CREF International Opportunities Fund
• iShares Core MSCI EAFE ETF
• Templeton Global Smaller Companies Fund
• Vanguard International Explorer Fund
• iShares MSCI EAFE Small-Cap ETF
• Fundamental Global Franchise Fund
• iShares Core MSCI Total International Stock ETF

Fevertree Drinks PESTLE Analysis

• Covers All 6 PESTLE Categories
• No Research Needed – Save Hours of Work
• Built by Experts, Trusted by Consultants
• Instant Download, Ready to Use
• 100% Editable, Fully Customizable

GET TEMPLATE ➔

The governance of Fevertree Drinks PLC is managed by its Board of Directors, comprising both executive and non-executive members. Bill Ronald serves as the Chairman, while co-founder Tim Warrillow is the Chief Executive Officer. Andrew Branchflower is the Chief Financial Officer. Other directors include Domenic De Lorenzo, Clare Swindell, Kevin Havelock, and David Lapp.

Fevertree Drinks PLC operates under a straightforward voting structure, with its total issued share capital amounting to 123,212,829 ordinary shares. Each share has a nominal value of 0.25p and carries one voting right. The company does not hold any shares in Treasury, meaning the total number of voting rights directly reflects the total number of outstanding shares. This structure adheres to a one-share-one-vote principle, with no dual-class shares or special voting rights in place. There have been no significant proxy battles or activist investor campaigns recently impacting the company's decision-making processes.

Understanding Fevertree's Ownership

Fevertree Drinks PLC is a publicly traded company, meaning its ownership is distributed among its shareholders. The company's voting power is directly tied to its issued ordinary shares, with each share granting one vote.

• Fevertree ownership is determined by its shareholding patterns.
• The company's board of directors oversees its operations.
• Fevertree stock is available for public investment.
• Understanding Fevertree's investors is key to grasping its ownership structure.
• For insights into the company's financial operations, explore the Revenue Streams & Business Model of Fevertree Drinks.

Fevertree Drinks Business Model Canvas

• Complete 9-Block Business Model Canvas
• Effortlessly Communicate Your Business Strategy
• Investor-Ready BMC Format
• 100% Editable and Customizable
• Clear and Structured Layout

GET TEMPLATE ➔

Over the past few years, the ownership landscape of Fevertree Drinks PLC has seen strategic shifts aimed at enhancing shareholder value and expanding market reach. These developments include significant share buybacks and a key partnership that has altered its investor profile.

Fevertree Drinks PLC continues to evolve its capital allocation and strategic partnerships. The company's commitment to returning value to shareholders is evident through its substantial share buyback program. Simultaneously, a significant strategic alliance in the United States is poised to reshape its presence in a key global market, impacting its ownership structure and future growth trajectory.

Shareholder Returns and Capital Management

Fevertree's share buyback program, totaling up to £100 million for FY2025, underscores a focus on optimizing capital structure and rewarding investors. This initiative aims to reduce the number of outstanding shares, potentially boosting earnings per share.

Strategic US Market Expansion

The January 2025 partnership with Molson Coors, which included an 8.5% stake acquisition, marks a pivotal moment for Fevertree in the US. This collaboration is designed to leverage Molson Coors' extensive network for sales, distribution, and production, aiming for accelerated growth in this crucial market.

Founder and Executive Shareholding

While co-founder Charles Rolls retired from the board in June 2020, both he and CEO Tim Warrillow remain significant shareholders. They have strategically managed their stakes since the IPO to accommodate institutional investor demand, balancing personal liquidity with continued commitment to the company.

Financial Performance and Diversification

For FY2024, Fevertree reported total group revenue of £368.5 million, a slight increase from the prior year, with adjusted EBITDA seeing a substantial 66% rise to £50.7 million. The growing contribution of non-tonic products, now around 45% of global sales, highlights a successful diversification strategy and adaptation to evolving consumer preferences, a trend also observed in the Competitors Landscape of Fevertree Drinks.

Fevertree Drinks Porter's Five Forces Analysis

• Covers All 5 Competitive Forces in Detail
• Structured for Consultants, Students, and Founders
• 100% Editable in Microsoft Word & Excel
• Instant Digital Download – Use Immediately
• Compatible with Mac & PC – Fully Unlocked

GET TEMPLATE ➔