Coca-Cola Buys Australian Maker of MOJO Kombucha
19 September 2018 - 4:59AM
Dow Jones News
By Stephen Nakrosis
The Coca-Cola Co. (KO) said Tuesday it acquired Organic &
Raw Trading Co., maker of MOJO Crafted Kombucha, a low-sugar,
naturally-fermented, live-culture, organic drink.
Coca-Cola said Kombucha is the fastest-growing beverage category
in Australia.
Terms of the deal weren't disclosed.
Anthony Crabb, co-founder and chief executive of Organic &
Raw, and Sales and Marketing Director Andrew Buttery will remain in
their current roles, Coca-Cola said.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
September 18, 2018 14:44 ET (18:44 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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