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Friday, September 04, 2020 2:22:11 AM
And when you look at some of the deals we’ve seen over the last couple of years there is reason to be excited about the space.
For example, Dr. Pepper Snapple purchased BAI for $1.7B in 2017.
Due to health concerns from sugary drinks. Traditional beverage companies are looking at smaller vendors that young adults deem as a healthier option.
That said, there’s one up and coming company that is catering to young adults that could one day be a target acquisition.
Fernhill Beverage, Inc.
(OTC:FHBC) A beverage company that produces healthy drinks for children and young adults.
It’s got four main products at the moment: Purple Possum Parts; Green Gopher; Blue Raccoon Bits; and Red Fox.
It also makes Vitamin Packed RK Super, which is now found in 7-11 stores in Southern California. The drinks are available in the following flavors:
Awesome Apple; Get’em Grape; Fly’n Fruit Punch and Rocket Raspberry.
The firm is working on new distribution agreements for New York, Ohio, Pennsylvania, and Illinois.
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