Brandtree

Who owns Thums Up?

Thums Up is owned by Coca-Cola (the United States, NYSE: KO), which acquired the brand in 1993.[1][2] Thums Up was founded in 1977 in India and was independent until 1993.

Evidence: The Coca-Cola Company Annual Report on Form 10-K filed 2026-02-20, SEC EDGAR, 20 February 2026. Verified from filings; last checked .

Key facts

Current owner
The Coca-Cola Company verified
Owned since
· deal details
Previous owner
Independent (1977–1993)
Owner HQ
🇺🇸 United States, Atlanta, Georgia
Origin
🇮🇳 India
Founded
1977
Category
Beverages › Soft drinks › Cola
Parent ticker
NYSE: KO
Last verified
· 2 sources

About Thums Up

Thums Up was created in India in 1977 after Coca-Cola left the country over foreign investment rules, and Coca-Cola bought it in 1993 on its return. It outsells Coca-Cola in India, so the company owns the brand that beat it.

How often Coca-Cola names Thums Up in its annual report

A plain count of the times the name appears in the text of each annual report, not counting the start of a sentence. A brand that an owner writes about more is usually one it treats as central.

Annual report filedTimes Thums Up is named
20261
20251
20241

Ownership timeline of Thums Up

Owners of Thums Up over 1977 to 2026 Coca-Cola 1993–present Coca-Cola 19801990200020102020
  1. 1993 – present Coca-Cola — acquired 1993 [1][2] verified

Where Thums Up sits in Coca-Cola

Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.

Where Thums Up sits in Coca-Cola Tree of 24 brands under Coca-Cola. Coca-Cola Thums Up Appletiser Aquarius Ayataka BodyArmor Coca-Cola and 18 more

Open the full Coca-Cola ownership tree →

See the full Coca-Cola brand portfolio (24) →

Other brands owned by Coca-Cola

Coca-Cola controls 24 brands on Brandtree, 23 of them in beverages.

Also in beverages

Founded in the 1970s

All Coca-Cola brands →

Other brands in cola, and who owns them

Coca-Cola has more brands in cola on Brandtree than any other owner: 5 of 23.

BrandOwnerOwner based in
Coca-Cola Almaty Bottlers Coca-Cola İçecek 🇹🇷 Turkey
Diet Pepsi PepsiCo 🇺🇸 United States
BIG Cola AJE 🇵🇪 Peru
Hamoud Cola Hamoud Boualem 🇩🇿 Algeria
Kofola Kofola 🇨🇿 Czech Republic
Smart Cola Obolon 🇺🇦 Ukraine
Jolly Cola Olvi 🇫🇮 Finland
Maxx Cola PRAN-RFL 🇧🇩 Bangladesh

Every brand in cola and its owner →

About the owner: Coca-Cola

Coca-Cola is a publicly listed company headquartered in Atlanta, Georgia, United States, founded in 1892. Brandtree records 24 brands under its control, and it is listed as NYSE: KO.

The Coca-Cola Company is an Atlanta beverage company incorporated in 1892. It owns brands and concentrate, and mostly does not bottle its own drinks: independent and partly owned bottlers such as Coca-Cola Europacific Partners handle production and distribution.

Coca-Cola: full profile, brands and acquisition history →

🇮🇳 Thums Up and other Indian brands

Brandtree records a controlling owner for 279 brands that began in India. 9 of them (3%) are now controlled by a company headquartered in another country, Thums Up among them.

All Indian brands and who owns them →

Deals involving Thums Up

Acquisition closed

Coca-Cola acquires Thums Up, Limca and Maaza

Coca-Cola bought the Parle soft drink brands on returning to India, having left in 1977 rather than dilute its ownership under foreign investment rules. It acquired the market leader instead of competing with it, and Thums Up still outsells Coca-Cola's own cola in India.

Value
Undisclosed
Seller
—
Regulatory
None recorded

Frequently asked questions

Who is the parent company of Thums Up?

The parent company of Thums Up is Coca-Cola, a publicly listed company headquartered in the United States.

Is Thums Up Indian or American?

Thums Up originated in India in 1977, but it is owned today by Coca-Cola, which is headquartered in the United States. So Thums Up is an Indian-origin brand under American ownership.

When did Coca-Cola buy Thums Up?

Coca-Cola completed its acquisition of Thums Up in 1993, after announcing the deal in 1993. The price was not disclosed.

Who owned Thums Up before Coca-Cola?

Thums Up was an independent company from its founding in 1977 until Coca-Cola acquired it in 1993.

Is Thums Up still owned by Coca-Cola?

Yes. As of 16 September 2026, Thums Up 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.

  1. [1] The Coca-Cola Company Annual Report on Form 10-K filed 2026-02-20 — SEC EDGAR, SEC Form 10-K, published 20 February 2026; retrieved 16 September 2026.
  2. [2] The Coca-Cola Company — company history in India — The Coca-Cola Company, Annual report; retrieved 16 September 2026.

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