who owns revive kombucha

who owns revive kombucha

Luckily for the Lovetts, JAB has been kind to the leaders of its other craft beverage buys, allowing Intelligentsia and Stumptown, for instance, to operate fairly independently, according to MentalFloss. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Kombucha (also tea mushroom, tea fungus, or Manchurian mushroom when referring to the culture; Latin name Medusomyces gisevii) is a fermented, lightly effervescent, sweetened black or green tea drink commonly consumed for its supposed health benefits. As part of Luxembourg’s JAB Holdings, which also owns Keurig Dr. Pepper as well as fellow coffee and cafe competitors Panera and Caribou Coffee, Peet's had some leverage in its investment opportunities. PitchBook is a financial technology company that provides data on the capital markets. Operator of a brewery which produces fermented tea beverages. The Coca-Cola Co. has made a $20 million equity investment in Los Angeles-based Health-Ade Kombucha, ... and Peet's Coffee took part in a $7.5-million round of funding for Revive Kombucha. To explore Revive Kombucha‘s full profile, request access. Why Down to Cook offers nutritious, easy-to-cook fare at a Hamburger Helper price point, Unboxed: Fun sweets and spirits pairings for the upcoming holidays, Natural Grocers fiscal 2020 sales break company record, The power of partnerships – A trusted supply chain perspective, Spark Change brands protect consumers' microbiomes, Allowed HTML tags:


. Revive Kombucha said Thursday its beverages will be sold in 7-Eleven stores nationwide, the latest expansion for the Petaluma company that has taken place under its new owner Peet’s Coffee. Discover announcements from companies in your industry. Revive Kombucha General Information Description. It maintains a strong presence in the United States, with a rapid national growth of over 168% percent versus a year ago (52 weeks IRI MULO, 4 November 2018). The company operates as a culture-driven, family and employee-owned craft kombucha brewery and uses certified organic, fair-trade, non-GMO certified ingredients, from their vertically integrated brewery and unique cold press methods and seek out local products, purveyors and partners. New Hope Network is part of the Informa Markets Division of Informa PLC. Peet's had already sensed some spark in Revive, leading its Series B investment round in 2017. . Web page addresses and e-mail addresses turn into links automatically. Morning Light Kombucha was founded by Native American entrepreneur Melinda Williamson in 2016. Peet's expects to expand the Revive market reach in on-premise, grocery and Peet's coffeebar locations. Peet's has been around longer than Starbucks, though its standalone store footprint lands far behind the industry leader. The market will likely surpass $650 million next year, though it's also in a weird phase as kombucha makers vie for shelf space and fair regulations from the FDA and TTB. All rights reserved. The move into kombucha could signal a shift in what the newer, bigger JAB sees in the future of beverage. The company operates as a culture-driven, family and emplo, cillum dolore eu fugiat nulla pariatur. It plans to expand Revive's reach on-premise in grocery and Peet's coffeebar locations. Date Posted: … Excepteur sint occaecat cupidatat non proident, sunt in culp, abore et dolore magna aliqua. A reusable glass growler of Morning Light Kombucha. In addition to standard and nitro cold-brew, the company unveiled a canned espresso line in the summer, focusing on lower sugar content than competitors. Photo by Morning Light Kombucha. "Building an evergreen ecosystem for the Revive brand has always been part of our mission," said Sean J. Lovett, Founder and CEO of Revive Kombucha. "Adapting our growth strategy to extend access and trial of superior beverage choices across channels in new and convenient locations is key. Get the full list », To view Revive Kombucha’s complete executive team members history, request access », To view Revive Kombucha’s complete board members history, request access », Co-Founder, President & Chief Executive Officer. Lines and paragraphs break automatically. This information is available in the PitchBook Platform. Instead of stores, Peets has doubled down on its ready to drink coffee line, building out, . "Kombucha is a natural adjacency to ready-to-drink coffee and our consumers tend to love both," said Eric Lauterbach, President of the Consumer Division at Peet's Coffee. © 2020 PitchBook Data. It maintains a strong presence in the United States, with a rapid national growth of over 168% percent versus a year ago (52 weeks IRI MULO, 4 November 2018). Number 8860726. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nis, You’re viewing 5 of 12 competitors. Kombucha has found a unique place in retail, taking over fridge space at major chains and floor space at smaller grocers with draft systems. North American sales account for about 40% of the kombucha market, which was expected to grow 25% annually from 2016 through 2020, according to BeverageDaily. Revive offers an array of naturally fermented, organic, non-GMO, Fair Trade certified, ethically sourced and raw bottled and on tap Kombucha. Our kombuchas, probiotic sodas, and sparkling drinking vinegars are all handcrafted with the finest ingredients and combine the benefits of gut health with soda flavors. The chain will begin piloting the program, which offers personalized orders and deals across all digital touchpoints, at select Phoenix, Arizona, restaurants prior to a nationwide launch next year. This mishap led to confusion for consumers and retailers alike, but now it seems the industry has regained its footing. Luckily for the Lovetts, JAB has been kind to the leaders of its other craft beverage buys, allowing Intelligentsia and Stumptown, for instance, to operate fairly independently, By signing up to receive our newsletter, you agree to our, Press release from Interface Security Systems, Peet's Coffee to Acquire Majority Stake in Revive Kombucha, Peet’s Acquires Majority Stake in Revive Kombucha, How Biden's policies on immigration, unions could impact restaurant operations, McDonald's new loyalty program will optimize digital, drive-thru opportunity, How 13 casual chains are turning sales around, DoorDash settles lawsuit over old tipping model for $2.5M, Report: Digital expected to make up more than half of QSR sales by 2025, How 5 mega chains are designing restaurants for a digital future, California Pizza Kitchen emerges from bankruptcy with significantly less debt, The Upside of 2020: A Quantum Leap for Digital Innovation, Anticipating and Reacting to Ingredient Supply-Chain Disruption, Interface Security Systems Introduces New Business Text Messaging App for Restaurants, Square unveils Square KDS, a Kitchen Display System for Square for Restaurants subscribers, Judge declines to block Los Angeles outdoor dining ban, What Inspires Papa John's Chief Diversity Officer Marvin Boakye, America’s Dive Bars Mourn the Death of Jeopardy’s Alex Trebek, Panera's second largest franchisee tests beer and wine, Dunkin' CFO: Company's westward expansion 'key' to future development, Starbucks traffic lifts following early Pumpkin Spice Latte launch, Texas bars could reopen as restaurants under modified licensure rules, Dunkin' may shutter 800 US stores by year's end. Informa Markets, a trading division of Informa PLC. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. Want to share a company announcement with your peers? Peet's had already sensed some spark in Revive, leading its Series B investment round in 2017, according to the Press Democrat. Revive offers an array of naturally fermented, organic, non-GMO, Fair Trade certified, ethically sourced and raw bottled and on tap Kombucha. Operator of a brewery which produces fermented tea beverages. Revive has been known as a pioneer, building out a bottle-exchange program that it retired last year in favor of brown glass bottles it intends the consumer to recycle. The kombucha industry also is ripe with independent, feel-good vibes, perhaps leading some to worry that Revive could lose its swagger through this acquisition. Revive has been known as a pioneer, building out a bottle-exchange program that it retired last year in favor of brown glass bottles it intends the consumer to recycle. Revive Kombucha announced Thursday that Peet’s Coffee has led a $7.5 million investment in the Petaluma beverage company, allowing it … Revive has been rapidly expanding nationally, growing 168% compared to last year. ", 2020 election could raise the fortunes of hemp and CBD, Meatless Farm raises $31M to fund growth post lockdown, Brightseed closes new $27M for AI-powered phytonutrient discovery, Nonalcoholic craft beer brand raises $4M in series A funding round. The move into kombucha could signal a shift in what the newer, bigger JAB sees in the future of beverage.

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