American Brewing Acquires Kombucha Brand
In an effort to diversity its portfolio of beverage offerings, American Brewing, a Washington-based, publicly traded craft beer company, has announced the acquisition a fast-growing kombucha brand. As reported earlier this week by BevNET (the sister site of Brewbound), the brewery purchased Búcha, a brand of certified organic sparkling kombucha drinks, from B&R Liquid Adventure, LLC for a combination of $260,000 cash, a $140,000 note payable and $500,000 in American Brewing restricted stock.