New Berlin Beverage, a recently founded holding company with a focus on emerging and innovative beverages, has announced the acquisition of Minna, a line of sparkling iced teas.
Minna’s portfolio consists of various types of sparkling tea, including fruity flavours such as cherry cacao green tea and pineapple passion fruit tea.
CEO of New Berlin Beverage and Minna, Anshu Dua, said “This acquisition will allow Minna to deliver superior supply consistency and price stability for our retailer and distributor customers while continuing to provide a satisfying beverage to consumers”.
According to New Berlin Beverage, the firm has a partnership with a beverage manufacturing company with aluminium can supply, and warehousing services.
The deal’s financial details were not disclosed.
Source: Food Business News