Coca-Cola buys a kombucha maker as drinkers ditch sugary soda (KO)
|09/18/2018||Posted by BusinessMediaguide.Com under General World News||
- Coca-Cola has acquired Australian kombucha-maker Organic & Raw Trading Co, which produces MOJO kombucha.
- The purchase of the company marks Coca-Cola’s first ever acquisition of a kombucha brand.
- Coca-Cola is increasingly diversifying its portfolio and investing in brands that are seen as healthier alternatives to soda as drinkers ditch sugary beverages.
Coca-Cola has acquired a company that makes kombucha, a fermented tea beverage that contains living bacteria.
On Tuesday, the soda giant announced it had acquired Organic & Raw Trading Co., which makes the MOJO brand of Kombucha. The purchase of the maker of MOJO, which is best-known read more >>>