Next In Natural Acquires Majority Stake in Aura Bora

Next In Natural Acquires Rowdy Mermaid

June 3, 2025

Food & Beverage

Next In Natural has acquired Rowdy Mermaid, the Boulder-based maker of organic kombucha and Good Mood Soda, in partnership with strategic investors KarpReilly and Sapient Stews founder Luke Comer. Founders Jamba Dunn and Erin Donnelly will remain in leadership roles while Next In Natural will provide a shared-services platform to support production, supply chain, marketing and future product innovation.

EARI Beverage Group Acquires Blossom Botanical Water

July 14, 2022

Food & Beverage

EARI Beverage Group (OTC:EARI) has acquired the Blossom Botanical Water brand, adding a plant-based botanical bottled-water product to its craft and functional beverage portfolio. Blossom, founded in Massachusetts and credited with creating a botanical water sub-category, has distribution across the U.S. East Coast and Midwest and has generated roughly $4 million in gross sales since inception; founder Steve Fortuna will join the EARI team to support expansion and new packaging initiatives.

Brondell Acquires Nebia

January 26, 2023

Consumer Products

Brondell has acquired Nebia to expand its Bathe product category and integrate Nebia’s patented, water‑saving shower technology into Brondell’s home and bathroom offering. The acquisition brings Nebia’s sustainable showerhead designs, patents and team into Brondell’s product portfolio to accelerate development of environmentally focused bath products and accessories.

FreshPure Waters Acquires Aqua Solutions

April 18, 2024

Food & Beverage

FreshPure Waters, a New Mexico-based bulk water vending operator, has acquired Aqua Solutions, a longtime vendor of high-end water-refill machines for grocery stores, to expand its national footprint and strengthen service capabilities in the Western United States. The acquisition follows FreshPure’s October 2023 purchase of Arctic Mountain and further grows FreshPure’s presence (now in 43 states).

Nestlé USA Acquires Essentia Water from First Bev

March 9, 2021

Food & Beverage

Nestlé USA has acquired Essentia Water, the premium alkaline/functional bottled water brand, from private equity firm First Bev. Terms were not disclosed; First Bev praised the brand’s growth under its ownership and founder Ken Uptain for building a strong consumer platform. Nestlé said the deal expands its presence in the premium functional water segment.

Bora Pharmaceuticals Acquires Upsher-Smith Laboratories

August 5, 2025

Pharmaceuticals

Bora Pharmaceuticals completed a 2024 acquisition of Upsher-Smith Laboratories for $210 million and is expanding the Maple Grove, Minnesota manufacturing site with a multi-year buildout. The investment includes installation of a Gerteis Macro-Pactor (operational Q3 2025) and development of 100,000 square feet of shell space to boost oral solid dose (OSD) contract development and manufacturing capabilities.