Companies
Honest Tea gets cash huge infusion
Honest Tea has landed a $12 million cash injection from yogurt maker Stonyfield Farm and Inventages Venture Capital Investment, a private-equity firm backed by Swiss food giant Nestlé. With sales of $13.5 million last year, the company from Bethesda, MD hopes that extra funds with help the company gain access to the mainstream market through deals with major distributors and retailers.
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