Revive Kombucha announced Thursday that Peet's Coffee & Tea has made an investment in the Petaluma brewer that will allow it to ramp up its operations and national distribution as … Coffee Prices Fall in November Amid Increased October Exports Kombucha is a fermented tea that has been consumed for thousands of years. Peet’s Coffee is the second major coffee brand adding kombucha to their portfolio. The capital infusion will be used to grow brewery operations, scale its staff, and expand its national distribution footprint, which will include Revive’s integration into Peet’s company-owned cold-chain Direct-Store-Delivery (DSD) network, Coldcraft. Buy Mocha Java Coffee Kombucha Online. Peet’s Coffee has acquired a majority stake in Revive Kombucha, a craft brewery based in Petaluma, California. Peet's Coffee has acquired a majority stake in Revive Kombucha, a craft kombucha brewery based in Petaluma, California, for an undisclosed sum. Revive Mocha Java Coffee, top of the list for Food Networks best coffee drinks. Revive offers bottled and on-tap kombucha and has more than doubled in size over the past year. Revive Kombucha announced Thursday that Peet’s Coffee & Tea has made an investment in the Petaluma brewer that will allow it to ramp up its operations and national distribution as … Terms of the transaction were not disclosed. It maintains a strong presence in the United States, with a rapid national growth of over 168% percent versus a year ago (per Information Resources Inc MULO 52 weeks ended 4 November 2018). Peet’s Coffee has taken a majority stake in California-based kombucha brand Revive, giving the growing company a single long-term partner with … It's that 3 o'clock thing man, the afternoon dip. Revive grew 168% in the last year, and the latest financing will likely help Revive capture the national market. font-family: "sw-icon-font"; The craft coffee company announced that it acquired major stake in Revive Kombucha. Sean J Lovett and co-founder Rebekah Lovett will maintain their equity and leadership positions at Revive Kombucha, while also maintaining the brand’s innovative approach to batch brewing and natural fermentation methods. Revive offers an array of naturally fermented, organic, non-GMO, Fair Trade certified, ethically sourced and raw bottled and on … “Building an evergreen ecosystem for the Revive brand has always been part of our mission,” says Sean J Lovett, founder and CEO of Revive. “We are excited to further solidify our long-term partnership with Peet’s to fulfill our greater purpose of bringing our super tasty and good-for-you beverages to a larger audience.” Revive launched at the Sonoma County Farmers Market in 2010. Revive offers an array of naturally fermented, organic, non-GMO, Fair Trade certified, ethically sourced and raw bottled and on tap Kombucha. Peet's Coffee has acquired a majority stake in Revive Kombucha, a craft brewery based in Petaluma, Calif. Revive offers a line of beverages that are naturally fermented, organic, non-GMO, Fair Trade certified, ethically sourced, and available raw bottled and on tap. Peet's Coffee is trending toward cold beverages, so this is a good move for Revive,” Kellison added. California-based Peet’s Coffee announced December 20 it has acquired a majority stake of California-based craft brewery Revive Kombucha.“Building an evergreen ecosystem for the Revive brand has always been part of our mission,” Sean J. Lovett, founder and CEO of Revive Kombucha, said in a statement. Peet's Coffee acquired a majority stake in craft kombucha company Revive, according to a release, a year after it invested $7.5 million in the company. EMERYVILLE, CALIF. — Peet’s Coffee, a portfolio company of JAB Holding Co., has acquired a majority stake in Revive Kombucha, Petaluma, Calif. Financial terms were not disclosed. Peet's Coffee has announced that it has acquired a majority stake in Revive Kombucha™, a craft brewery based in Petaluma, California. Kombucha is a fermented tea that has been consumed for thousands of years. By the meantime, Peet’s Coffee has acquired a majority stake in Revive Kombucha, a … It’s made by adding specific strains of bacteria, yeast and sugar to black or green tea, then allowing it to ferment for a week or more. }. The craft coffee company announced that it acquired major stake in Revive Kombucha. gtag('js', new Date()); The kombucha will be sold in more than 15,000 of Peet’s grocery store locations. font-style: normal; Terms of the deal were not disclosed. “We are delighted to […] Peet’s Coffee bought a majority stake in Petaluma’s Revive Kombucha. BEVNET - December 20, 2018 Peet’s Acquires Majority Stake in Revive Kombucha. Our award winning and innovative new Revive Sparkling Kombucha line; with 5g sugar, 20 calories and 5 billion probiotics, is your delicious and … Emeryville, California-based Peet’s expects to expand Revive Kombucha’s market reach in on-premise, grocery and Peet’s coffee bar locations. The brand, which makes naturally fermented beverages containing live … Since 2010, we have been brewing up beverages that taste as good as they are good for you! The Emeryville-based coffee was the lead investor in a $7.5 million financing round for Revive in 2017 with other investors, including Blair Kellison of Traditional Medicinals Inc. of Rohnert Park. Terms of the transaction were not disclosed. Revive offers an array of naturally fermented, organic, non-GMO, Fair Trade-certified, ethically sourced, raw bottled and on tap Kombucha. Peet's Coffee, a subsidiary of JAB Holding Co., has purchased a majority stake in a Northern California kombucha brewery, Revive, with the intent of broadening the company’s nationwide distribution. EMERYVILLE, Calif., Dec. 20, 2018 /PRNewswire/ — Peet’s Coffee announced that it has acquired a majority stake in Revive Kombucha, a craft brewery based in Petaluma, California. The new funding will … Peet's Coffee today announced that it has acquired a majority stake in Revive Kombucha, a craft brewery based in Petaluma, California. Terms of the transaction were not disclosed. src:url("https://www.teawithnipun.com/wp-content/plugins/social-warfare/assets/fonts/sw-icon-font.eot?ver=4.2.1"); “Kombucha is a natural adjacency to ready-to-drink coffee and our consumers tend to love both,” says Eric Lauterbach, president of the consumer division at Peet’s Coffee. And knowing the ongoing consumer shift to better for you and functional beverages, our latest long-term investment in Revive reflects our belief in the future growth of the brand.”. Peet’s Coffee is the second major coffee brand adding kombucha to their portfolio. Click here to visit our YouTube channel. Terms of the transaction were not disclosed. Peet’s Coffee acquires majority stake in Revive Kombucha Peet’s Coffee has acquired a majority stake in Revive Kombucha, a craft brewery based in Petaluma, California. Eric Lauterbach, President of the Consumer Division at Peet’s Coffee, said kombucha is a natural fit since consumers tend to love both coffee and kombucha. Founded in 2010 by a local couple who began peddling their organic tea at the […] window.dataLayer = window.dataLayer || []; @font-face { Peet’s Coffee to Acquire Majority Stake in Revive Kombucha Dec 20, 2018 PDF Icon Peet's Coffee Heralds the Holiday Season with Joyously Flavorful Offerings Nov 1, 2018 alifornia-based Peet's Coffee announced that it has acquired a majority stake in Revive Kombucha, a craft brewery also based in California. Revive offers an array of naturally fermented, organic, non-GMO, Fair Trade certified, ethically sourced and raw bottled and on tap Kombucha. Revive will be able to “get to that next stage” with its sales at Peet’s coffee shops in eight states and the District of Columbia, Lauterbach said. font-display:block; Revive grew 168% in the last year, and the latest financing will likely help Revive capture the national market. Signup for our newsletter and stay up to date with all the latest news and events. Interested in getting involved with TFA? The latest financing by Peet’s will continue to scale the Revive brand, grow its brewery operations and broaden its distribution via the coffee company’s network, while assuring absolute product quality and superior taste. Peet’s Coffee was part of a $7.5 million Series B round of funding for Revive Kombucha, according to a company press release. 1.Original Post: https://www.teaandcoffee.net/20815/news/peets-coffee-acquires-majority-stake-in-revive-kombucha/, 2.About Revive Kombucha: https://www.revivekombucha.com/, 3.About Peet’s Coffee: https://www.peets.com/, 4. PETALUMA, Calif., Aug. 24, 2017 (PRNewswire) — Revive Kombucha, an employee- and family-owned brewery that creates award-winning, naturally fermented beverages containing live probiotic cultures, has secured a $7.5 million Series B round of financing led by Peet's Coffee to scale its team, grow its brewery operations, and expand its national distribution. font-weight: normal; © The Fermentation Association   Privacy Policy. Revive is the healthy alternative to soda. Terms of the transaction were not disclosed. Revive Kombucha today announced the completion of a $7.5 million Series B round of funding led by Peet’s Coffee. function gtag(){dataLayer.push(arguments);} Peet’s Coffee on Thursday said that it bought a majority stake in kombucha maker Revive Kombucha, with promises to bring the company’s drinks to more grocers and its own coffee shops. Kombucha brand Revive has raised $7.5 million in Series B funding, led by investment from Peet’s Coffee. EMERYVILLE, Calif., Dec. 20, 2018 (PRNewswire) — Peet's Coffee announced Thursday that it has acquired a majority stake in Revive Kombucha, a craft brewery based in Petaluma, California.Terms of the transaction were not disclosed. MISSED A WEBINAR? Peet’s Coffee has taken a majority stake in California-based kombucha brand Revive, giving the growing company a single long-term partner and buying out the company’s previous investors, including Beechwood Capital. By the meantime, Peet’s Coffee has acquired a majority stake in Revive Kombucha, a craft brewery based in Petaluma, California. gtag('config', 'UA-122516073-1'); The Fermentation Association (TFA) is a trade association with the mission of getting more people to enjoy more fermented products. “Adapting our growth strategy to extend access and trial of superior beverage choices across channels in new and convenient locations is key. Owners Sean and Rebekah Lovett, who started the brand at the Sonoma County Farmers Market in 2010, will retain an equity stake as well as leadership positions. Read more (PR Newswire) (Photo: Revive Kombucha). Released in 2013, this innovative and first ever coffee kombucha is brewed with only sweet, fruity, earthy, deep-flavored Mocha Java coffee beans to groove with our live kombucha cultures. url("https://www.teawithnipun.com/wp-content/plugins/social-warfare/assets/fonts/sw-icon-font.svg?ver=4.2.1#1445203416") format("svg"); Revive Kombucha announced Thursday that Peet’s Coffee & Tea has led a $7.5 million investment in the Petaluma beverage company, allowing it to ramp up operations and expand distribution as the fermented tea category continues to grow rapidly in popularity. url("https://www.teawithnipun.com/wp-content/plugins/social-warfare/assets/fonts/sw-icon-font.woff?ver=4.2.1") format("woff"), /* Tracking Info for Google Analytics */ Terms of the transaction were not disclosed. url("https://www.teawithnipun.com/wp-content/plugins/social-warfare/assets/fonts/sw-icon-font.ttf?ver=4.2.1") format("truetype"), The inherent match of delivering Revive across consumer facing Peet’s channels will strengthen and accelerate the growth of its pioneering chilled beverage portfolio. 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