Analysts weigh in on Celsius/Alani Nu acquisition (CELH:NASDAQ)


Beautiful young woman in her 20s stands on a jogging path by the river in fitness clothes and drinks water.

NIKOLA ILIC PR AGENCIJA ZA DIZAJN STUDIOTRIPOD SURCIN/iStock via Getty Images

Celsius Holdings’ (NASDAQ:CELH) $1.8B acquisition of Alani Lu, one of the fastest growing brands in the energy drink category, “strategically makes sense,” says Needham’s Gerald Pascarelli and will provide accretive growth and scale benefits to the brand.

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