Food In Canada


Niagara Ventures acquires Ontario all-natural beverage maker

North Carolina-based Niagara Ventures Corporation has acquired Blu Dot Beverage Company of Ontario

Toronto – A Charlotte, N.C.-based investment firm, Niagara Ventures Corporation, has acquired Blu Dot Beverage Company of Oakville, Ont.

Financial details of the deal, which is expected to close Dec. 5 this year, were not released.

Blu Dot Beverage produces all-natural and organic green tea beverages that are only mildly sweetened and that contain protein and fibre.

The company’s lineup includes all natural Protein Teas currently available in five flavours: Orange Pineapple, Blueberry Acai, Apple Pear, Honey Lemon and Cranberry Pomegranate.

Niagara Ventures is a capital pool company governed by the policies of the TSXV.

Completion of the transaction is subject to a number of conditions, including but not limited to, TSXV acceptance.

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