EARI Beverage Group Acquires Blossom Botanical Water
July 14, 2022
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.
- Buyers
- EARI Beverage Group
- Targets
- Blossom Botanical Water
- Industry
- Food & Beverage
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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