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The Hershey Co.’s previously announced “minority stake” in the Boulder company that makes Mix1 is a 49 percent stake, according to information disclosed by the chocolate giant in a regulatory filing made public Wednesday.
Hershey invested $5.8 million in Boulder-based Tri-Us Inc., which makes and sells beverages under the Mix1 name, to acquire a 49 percent stake.
Mix1 officials said earlier this year that Hershey acquired a minority interest and the local company will continue to operate independently.
In Hershey’s comprehensive quarterly filing for the three-month period that ended on April 3, officials said they did not include the results of the acquisition in the filing as the effect would not have been material.
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