Anheuser-Busch to acquire an 85% stake in BeatBox for $490m.

Anheuser-Busch, a company operating in beer and beyond-beer beverages, agreed to acquire an 85% stake in BeatBox, a ready-to-drink (RTD) beverage company, for $490m. “We could not be more excited to welcome BeatBox, one of the fastest-growing RTD brands in the industry, to our portfolio. I have spent the past year getting to know Justin and the team at BeatBox, and I’m confident that their entrepreneurial spirit, their commitment to consistent innovation, and their ability to connect with their consumers will be a strong complement to our existing team and capabilities. We have a proven playbook for building winning brands, and I look forward to partnering with BeatBox and embarking on their next chapter of dynamic growth together,” Brendan Whitworth, Anheuser-Busch CEO.