Jamba Juice Co. (JMBA) announced the acquisition of Talbott Teas, a Chicago-based boutique, premium tea company.
"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 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."
Talbott Teas' products are available online at QVC, fine retailers, and the Talbott Teas website as well as specialty retailers, gourmet grocers, salon spas, select luxury hotels and restaurants throughout the Chicagoland area. Talbott Teas will also be available for sale at Jamba Juice locations. The purchase of Talbott Teas is part of Jamba's strategy to accelerate growth through the acquisition of specialty, lifestyle brands that support Jamba's expansion into new and relevant product categories.
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