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Systm Foods Acquires Humm Kombucha

PRIVATEJan 03, 2024

Acquiring Company

SYSTM Foods

Acquired Company

HUMM Kombucha

Newport BeachBendManufacturingFood And Beverage

Description

SYSTM Foods, a functional beverage brand platform, announced the acquisition of HUMM Kombucha ("HUMM"). Since its inception, HUMM has been a pioneer in the low and zero-sugar kombucha and gut health beverage category. Today, it stands as one of the largest, fastest-growing, and most beloved brands in the space. HUMM will be part of the SYSTM brands portfolio, alongside plant-powered functional beverage brands REBBL® and Chameleon Organic Coffee®.

Quick answer

SYSTM Foods is acquiring HUMM Kombucha, announced January 3, 2024. SYSTM Foods is based in Newport Beach, California, United States.

How much did SYSTM Foods pay for HUMM Kombucha?
The deal value was not disclosed.
What does SYSTM Foods do?
SYSTM Foods, a joint venture between SYSTM Brands and GroundForce Capital, is a privately held functional beverage brand platform.
Where are SYSTM Foods and HUMM Kombucha based?
SYSTM Foods is based in Newport Beach, California, United States. HUMM Kombucha is based in Bend, Oregon, United States.

Source: Fundz verified event record.

Other recent acquisitions in Food And Beverage and Manufacturing

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Company Information

Company

SYSTM Foods

Location

Newport Beach, California, United States

About

SYSTM Foods, a joint venture between SYSTM Brands and GroundForce Capital, is a privately held functional beverage brand platform. SYSTM Foods acquires and operates beverage brands that bring today’s consumers better-for-you organic and functional products created for healthier living. Its portfolio includes organic and plant-powered functional beverage brand REBBL®, along with Chameleon Organic Coffee®, the original purveyors of consciously-crafted bottled cold-brew coffee, and HUMM Kombucha®, the pioneer in low and zero-sugar kombucha.

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Frequently asked

Who acquired HUMM Kombucha?

HUMM Kombucha was acquired by SYSTM Foods, based in Newport Beach. The deal was reported on January 3, 2024. SYSTM Foods, a joint venture between SYSTM Brands and GroundForce Capital, is a privately held functional beverage brand platform. SYSTM Foods is privately held and operates in Manufacturing.

When did SYSTM Foods acquire HUMM Kombucha?

SYSTM Foods's acquisition of HUMM Kombucha was reported on January 3, 2024. SYSTM Foods, a functional beverage brand platform, announced the acquisition of HUMM Kombucha ("HUMM"). Since its inception, HUMM has been a pioneer in the low and zero-sugar kombucha and gut health beverage category. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does HUMM Kombucha do?

When we say Drink Better, we mean it. Humm has probiotic-packed kombuchas, sodas and seltzers that have no business tasting as good as they do, considering that each of our products is formulated to keep sugar content low. It is privately held, operating in Food And Beverage, and is based in Bend.

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