Business
Eastside Distilling, Inc. Announces Asset Purchase and Services Agreement between Craft Canning and Aprch Beverages
PORTLAND, Ore., June 3, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that
About this update from Beeline Holdings, Inc.
[{"type":"text","content":"PORTLAND, Ore., June 3, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) (\"Eastside\" or the \"Company\"), a consumer-focused beverage company that manufactures premium spirits and ready-to-drink craft cocktails while also providing services to the craft beverage industry, today announced that its subsidiary, Craft Canning + Printing, has entered into an asset purchase agreement and a services agreement with Aprch Beverage Co, maker of wellness beverages. Craft Canning has acquired the production facility previously operated by Aprch Beverage Co. in Portland, Oregon and has contracted to be the exclusive provider of can printing and co-packing services to Aprch for products distributed by Aprch in Washington State or Oregon, including all of Aprch's CBD water flavors. Craft Canning began supplying both cans and services to Aprch as of last week.\n\n \n \n \n \n \n \n\n \nGeoffrey Gwin, Eastside's Chief Executive Officer, commented, \"we are excited to enter into this long-term relationship with Aprch, which has experienced stunning success building their CBD and wellness water brands. This relationship launches Craft Canning into fixed co-packing CBD products with a world class client. The deal highlights the value of our digital printing technology and our end-to-end production capabilities serving the Pacific Northwest.\"\nBrett Wiley, Aprch co-founder, commented, \"we are happy to be working with Craft Canning to provide our packaging needs and are excited to introduce a fully recyclable and sustainable can to our product lineup.\" \nAbout Aprch® Beverage Co.\nBased in Portland, Oregon, Aprch is a beverage company inspired by adventure, integrity, health and the outdoors. We love making the most of each day, but doing so requires the right nutrition and hydration. That's why we created Aprch - a lineup of sparkling beverages built to support your day. We've crafted nutrient-rich drinks with zero calories, zero sugar, and zero caffeine. Whether you're building a foundation with an Aprch Sparkling Wellness Water or winding down with an Aprch CBD Sparkling Water, you'll find a new sense of nourishment with every sip. Open. Sip. Relax\nAbout Eastside Distilling\nEastside Distilling, Inc. (NASDAQ: EAST) has been producing high-quality, award-winning craft spirits in Portland Oregon since 2008, while its wholly owned ...