Athletic Brewing Gets $50 Million Investment From Keurig Dr Pepper
- Keurig Dr Pepper announces $50 million minority stake
- Investment will allow Athletic to expand in North America
A person inspects cans at Athletic Brewing’s brewery and production plant in Stratford, Connecticut.
Photographer: Spencer Platt/Getty Images
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Keurig Dr Pepper Inc. has taken a $50 million minority stake in Athletic Brewing Co., expanding its investment in the increasingly popular nonalcoholic beer and cocktail category.
The investment makes Keurig Dr Pepper one of the company’s top stakeholders, alongside TRB Advisors and Alliance Consumer Growth, according to a statement. Other terms of the investment were not disclosed.