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October 2013

Duvel Moortgat Buys Boulevard

Craft Business Daily: The rumors you may have heard about Boulevard selling? Now they’re true. Yesterday CBD spoke with Duvel Moortgat CEO Michel Moortgat, who promised us he’d arrive in Kansas City today to finalize the deal. Recall that Belgium’s Duvel Moortgat has been selling Belgian imports like Duvel to the U.S. for over 20 […]

First Beverage Ventures Invests In Kombucha Brand Six months after launching a new fund aimed at investment in emerging non-alcoholic beverage brands, the private equity arm of First Beverage Group has taken a stake in Health-Ade, which markets a line of premium, small-batch kombucha products. The deal is the first transaction made by First Beverage Ventures’ new fund, whose limited partners […]

First Beverage Takes Plunge Into Kombucha, Via Investment In LA’s Health-Ade

Beverage Business INSIGHTS: LA-based private equity shop First Beverage Ventures is ready to enter kombucha realm with investment in small local play, Health-Ade. Glass-bottle brand was created in Santa Monica by husband-and-wife team of Justin and Daina Trout and friend Vanessa Dew, as small-batch play employing local, seasonal farmers’ market fruit. They’re self-producing in Santa […]