Smartwater is owned by Coca-Cola (the United States, NYSE: KO), which acquired the brand on 7 June 2007 for $4.1 billion.[1][2] Smartwater was founded in 1996 in the United States and was independent until 2007.
Smartwater is vapour-distilled water with added electrolytes, launched in 1996 by Energy Brands and sold on a purity claim, with a bottle designed to look pharmaceutical rather than natural. Coca-Cola acquired it with the Glacéau business in 2007 for $4.1 billion.
Coca-Cola acquired Energy Brands, known as Glacéau, for $4.1 billion in cash, buying vitaminwater and smartwater. It was the company's largest acquisition to that point and a bet that growth would come from outside carbonated drinks.
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Frequently asked questions
Who is the parent company of Smartwater?
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The parent company of Smartwater is Coca-Cola, a publicly listed company headquartered in the United States.
Is Smartwater American?
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Yes. Smartwater originated in the United States in 1996 and its owner, Coca-Cola, is also headquartered in the United States.
When did Coca-Cola buy Smartwater?
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Coca-Cola completed its acquisition of Smartwater on 7 June 2007, after announcing the deal on 25 May 2007. The deal was valued at $4.1 billion (enterprise value).
Who owned Smartwater before Coca-Cola?
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Smartwater was an independent company from its founding in 1996 until Coca-Cola acquired it in 2007.
Is Smartwater still owned by Coca-Cola?
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Yes. As of 16 September 2026, Smartwater is still owned by Coca-Cola. The ownership record was last checked against primary sources on that date.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.