Add-on Acquisition • Beverages

American Beverage Acquires Poppilu

On November 14, 2022, American Beverage acquired beverage company Poppilu

Acquisition Context
  • This is American Beverage’s 1st transaction in the Beverages sector.
  • This is American Beverage’s 1st transaction in the United States.
  • This is American Beverage’s 1st transaction in Illinois.

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M&A Deal Summary

Date November 14, 2022
Target Poppilu
Sector Beverages
Buyer(s) American Beverage
Deal Type Add-on Acquisition

Target Company

Poppilu

Chicago, Illinois, United States
Poppilu is an operator of a lemonade brand for kids is crafted to give kids an eye-catching, full-flavored organic beverage that is bold on flavor, not on sugar. Poppilu was founded in 2017 and is based in Chicago, Illinois.
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Buyer Overview 1

Buyer

American Beverage

Verona, Pennsylvania, United States

Category Company
Founded 1960
Sector Beverages
DESCRIPTION

American Beverage Corporation (ABC) began as a small company that manufactured and delivered orange juice products.


Deal Context for Buyer #
Overall 1 of 1
Sector: Beverages 1 of 1
Type: Add-on Acquisition 1 of 1
State: Illinois 1 of 1
Country: United States 1 of 1
Year: 2022 1 of 1