Business
EARI Beverage Group concludes largest acquisition to date by bringing Original New York Seltzer LLC. and LA Bottle Works Inc., as wholly owned subsidiaries into the company portfolio.
EARI Beverage Group concludes largest acquisition to date by bringing Original New York Seltzer LLC. and LA Bottle Works Inc., as wholly owned subsidiaries into the company portfolio..
About this update from Entertainment Arts Research, Inc.
[{"type":"text","content":"\n\n\n\nEARI Beverage Group concludes largest acquisition to date by bringing Original New York Seltzer LLC. and LA Bottle Works Inc., as wholly owned subsidiaries into the company portfolio.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nEARI Beverage Group concludes largest acquisition to date by bringing Original New York Seltzer LLC. and LA Bottle Works Inc., as wholly owned subsidiaries into the company portfolio.\nPR Newswire\nCHARLOTTE, N.C., July 19, 2022\n\n\n\nCHARLOTTE, N.C., July 19, 2022 /PRNewswire/ -- Entertainment Arts Research (OTC: EARI), a diversified beverage and media group, has concluded the largest acquisition to date of Original New York Seltzer LLC., and LA Bottle Works Inc. with combined revenues generated over the last 3 years of $50 Million.\nThe legendary Original New York Seltzer brand held under Original New York Seltzer LLC., was relaunched in May of 2015 after a 25-year hiatus.  Building a well-supported and growing distribution network of 168 wholesale distributors in the US and Canada in just 7 years. The brand is available in over 10,000 accounts across an omnichannel network of chain, mass, foodservice, online retail and on premise. Iconic in the craft soda category, this all-natural craft soda has four simple ingredients and is packed in a 10 oz premium glass bottle.\nLA Bottle Works Inc., is the production arm for Original New York Seltzer and Cock 'n Bull cocktail mixers, located in Los Angeles. \"Bringing Seltzer and Cock 'n Bull into the EARI Beverage Group, creates endless opportunities for cross selling, horizontal product innovation and line-extensions across the Group's current Brand portfolio\" said Bernard Rubin, the EARI Beverage Group CEO. The Cock 'n Bull mixer range consists of tonic water, ginger beer, club soda, bitter lemon, and bitter orange. The bottling plant has sufficient capacity to double the current production output and offers turnkey consulting for formulation, packaging, labelling, branding, and marketing from concept to consumer.\nFurther commenting, Rubin said \"Concluding this acquisition accelera...