Beverage Business INSIGHTS
July 19, 2011
Kemper Soda Seeks Strategic Partner
Concluding that they need more horsepower to pull off
reinvention of venerable boutique soda brand, Thomas Kemper Soda Co
and minority investor First Beverage Group have launched search for
strategic alternatives, possibly including recapitalization, sale
of shares, merger or joint venture, or sale of co. Announcement
comes as Kemper continues to push ahead with rollout of Purely
Natural and stevia-sweetened Naturally Diet Kemper lines, devised
as more contemporary complement to core soda line. "It's a
difficult category to launch new products in and we need some extra
partners to do it with," prexy Bill Germano told BBI today. "We're
still a small company with just a handful of resources."