What You need to know about NBEV
New Age Beverage Company has been quite popular in the investing community over the past couple of weeks, here is what you need to know! NBEV’s beverage collection features; Aspen Pure, Bucha Kombucha, Coco Libre, Marley Beverages, PediaAde, Xing Tea, WaterisLife, and Nuzest Nutrition for life. NBEV carries over 300 different products for their consumers.
They were founded in 2003 and has grown from a small single brand distribution company to a diversified corporation with a complimentary multi- brand portfolio as you can see above.
One of their best selling is Marley Tea, Marley Tea was created in partnership with Bob Marley’s family, the Marley Beverage Co. where they sell Mellow Mood which is a decaffeinated tea and One Drop which is a Jamaican coffee blend.
Distribution:
NBEV has one of the largest independent distributors in the U.S. which delivers a sustainable competitive advantage for New Age. With this New Age distributes over 60 brands and 600 plus SKU’s across all relevant product categories.
Leadership:
Brent D. Willis is the Chief Executive Officer. Brent a West Point and University of Chicago graduate with 20 plus years of general management, C-level board and private equity experience with global leaders in the CPG space including ABInBev, Coca Cola, and Kraft Foods.
Bottom Line:
New Age is in good hands from what we can see the products are sold in nearly all major stores including 7–11’s. BP, Walmart and Amazon to name a few. The management team is very powerful and has a lot of experience to lead New Age to new heights of success. Considering the company has been around since 2003 that makes the company pretty well sustained in our humble opinion and we think with the new CBD brand coming in this could make NBEV a very hot company in the coming years.
Disclaimer: Speculative and forward looking statements may have been used this is not investment advice
