Big Red Buys Thomas Kemper Soda Company
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Austin, TX (Octo
ber 10, 2011) — Big Red, Inc. announced today that it has acquired the Thomas Kemper Soda Company.
In a sale orchestr ated by Kemper investor First Beverage Group, Austin-based marketer of Big Red, All Sport isotonic, NuGrape, Nesbitt’s and other mass-oriented lines will take ownership of Portland, Oregon based boutique soda, which was spun off from Pyramid Brewing about 5 years a go.
Big Red is the sixth largest soft drink company in the US, based in Austin, TX, with products that sell throughout the country and Thomas Kemper is an iconic premium brand with great promise.
“The addition of Thomas Kemper products into the Big Red portfolio will strengthen the Thomas Kemper brand and provide opportunities for growth and development far greater than it would as a stand-alone company” said Bill Germano, President of the Thomas Kemper Soda Company.
Source: The Beverage Network