Breaking: NWNA to take Nestea, Coke to In-FUZE Tea Biz, Report Says
The Coca-Cola Co. will be offering a new cold-filled RTD tea made under the FUZE brand to its distribution network after ceding the declining Nestea brand to Nestle, its partner in the fraying Beverage Partners Worldwide joint venture, according to a report in Beverage Digest. The move would allow Nestle Waters North America to take over Nestea in the U.S., rolling it into an expanding tea platform that includes the Sweet Leaf and Tradewinds tea brands.