Beer Business Daily:
First Beverage Group announced that the company has made an investment in the Thomas Kemper Soda Company. In addition, Joth Ricci, Managing Director of Operations of First Beverage Capital, will join Thomas Kemper’s Board of Directors. Ricci is the former President and Chief Executive Officer of Jones Soda Company and the former general manager of Columbia Distributing.
“The First Beverage team believes strongly in the opportunities ahead for Thomas Kemper. Their new product plans along with regional expansion provide a solid blueprint for the future,” said chief Bill Anderson. “Our team is impressed by the existing product line, including the Spiced Ginger Ale, Blood Orange, and other natural flavors the company introduced over the past summer and we look forward to helping them to expand their portfolio and distribution footprint.”