Mergers & AcquisitionsBy The Online Investor Staff, updated Thu., Mar. 4, 2:22 PM
|This Slide: #5 of 100|
Slide #5. NewAge, Inc. — Aliven Inc.
NewAge, Inc. (NASDAQ:NBEV)
NewAge, Inc. (Nasdaq: NBEV), the Colorado-based healthy products company intending to become the world's leading social selling and distribution company today announced that it has entered into an agreement to acquire Aliven Inc., a highly successful Japan-based direct selling company.
NewAge is a healthy beverages and lifestyles company engaged in the development and commercialization of a portfolio of organic, natural and other healthy beverages, liquid dietary supplements, cannabidiol topical products, and other healthy lifestyle products. Co. markets a portfolio of Ready-to-Drink beverages including offerings in the kombucha, tea, yerba mate, coffee, functional waters, relaxation drinks, energy drinks, rehydrating beverages, and functional medical beverage segments. Co. also provides liquid dietary supplement products, including Tahitian Noni® Juice, through a direct-to-consumer model using independent distributors called independent product consultants.
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Strong Buy (3.50 out of 4)
(ranked higher than approx. 57% of all stocks covered)
Based on Zacks ABR data;
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