Brynwood Partners' Harvest Hill to Grow Juice Portfolio
March 10, 2015
Brynwood Partners-backed Harvest Hill Beverage Company has agreed to acquire American Beverage Company from Wessanen for roughly $55 million. The deal, made through Brynwood's Fund VII, is expected to close in 1H. Perhaps best known for its Little Hug brand, ABC is a diversified beverage company that manufactures and markets fruit drinks, ready-to-drink alcoholic beverages and non-alcoholic cocktail mixers. Harvest Hill was formed in June to acquire the Juicy Juice brand from Nestle.