Jamba Juice to sell specialty tea through acquisition

 
Feb. 19, 2012

Jamba Juice Company has announced the acquisition of Talbott Teas, a Chicago-based boutique, premium tea company, recently profiled on ABC-TV’s “Shark Tank.”

“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.

Talbott Teas, founded by Shane Talbott, has blends available in 23 customizable flavors, including the award winning “Chocolate Lover” teas. All tea blends are made from high quality ingredients, certified free-trade and are 100 percent natural with no artificial flavors, preservatives, or colors.

Talbott Teas appeared on the “Shark Tank,” which airs Fridays from 8-9 p.m. Eastern time on ABC. While on the show, the founders of Talbott Teas received an offer from venture capitalist Kevin O’Leary, who worked with fellow judges Daymond John and Barbara Corcoran to seal a deal with Jamba Juice.

“Jamba is a progressive, specialty beverage brand with a passion for creating innovative, trendy offerings that support healthier lifestyles,” Talbott said. “Jamba has broad reach and appeal among consumers who are seeking premium products at affordable pricing that are better-for-you and great tasting. The Sharks connected us with Jamba Juice and we could not have found a better company with whom to align and grow our brand.”

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.

Read more about coffee and specialty beverage trends.


Topics: Business Strategy and Profitability , Coffee / Specialty Beverages , Health & Nutrition , Operations Management


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