
Coca-Cola halts Fairlife production after ransomware attack
- Coca-Cola temporarily suspended Fairlife’s U.S. production after unauthorized access to its production-related systems.
- Coca-Cola shares were down 2.12% at $83.12 during Friday trading.
- Coca-Cola is investigating the ransomware incident with cybersecurity experts and has not provided a restoration date.
Coca-Cola (NYSE:KO) suspended Fairlife’s U.S. production on July 16 after ransomware-related access to its production systems.
Coca-Cola said product safety was unaffected, while Fairlife’s Canadian production continued operating normally.
“The full scope, nature and impacts of the incident are not yet known,” Coca-Cola said.
The company activated response protocols, hired external cybersecurity specialists, notified law enforcement and began restoring affected systems.
Following the announcement, Coca-Cola's share price was down 2.12% at $83.12.
Coca-Cola acquired Fairlife’s remaining ownership in 2020, increasing its stake from 42.5% to 100%.
Coca-Cola paid a $6.173 billion final Fairlife milestone in March 2025 under the acquisition’s performance-linked terms.
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