GT Beverage to acquire Bazi International

by Staff
Share This:

IRVINE, CALIF. — GT Beverage Co., Inc. has agreed to acquire Bazi International, Inc.

The transaction is expected to close before Oct. 15, and at that time GT Beverage shareholders will retain about 95.5% of the total common shares outstanding of Bazi. In addition, GT Beverage has issued a line of credit to Bazi for up to $600,000.

Bazi is a manufacturer of energy shots designed to enhance physical health and performance. GT Beverage produces vitamin-enhanced water drinks that are a low-calorie, low-sugar alternative to various juices and carbonated beverages for children.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.



The views expressed in the comments section of Food Business News do not reflect those of Food Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.