Close

Jamba Juice (JMBA) Announces Acquisition of Talbott Teas

February 21, 2012 8:42 AM EST
Jamba Juice Company (NASDAQ: JMBA) announced today the acquisition of Talbott Teas, a Chicago-based boutique, premium tea company, recently profiled on ABC-TV’s “Shark Tank”.

Talbott Teas founder, certified master tea blender, Shane Talbott, has a unique talent for blending specialty ingredients to produce exceptional, award-winning teas that appeal to tea aficionados and conventional consumers alike, and which Oprah Winfrey selected as one of her “Favorite Things” in 2010.

“Talbott Teas is part of our strategy for growth through the acquisition of lifestyle specialty brands that fit well with the Jamba brand and our positioning as a leading health and wellness company,” said James D. White, Chairman, President, and CEO, Jamba Juice Company. “Jamba shares Shane’s commitment to using the finest quality ingredients to create premium tea blends that are flavorful and healthful, but designed with a flair that only a visionary trendsetter could achieve. I welcome his creativity on our team.”


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Mergers and Acquisitions