Houston, Texas | April 30, 2010
Sweet Leaf Tea Company, a portfolio company of Freestone Partners, LLC, announced that it has acquired Tradewinds Beverage Company based in Cincinnati, Ohio. Founded in 1993, Tradewinds produces and markets bottled, ready-to-drink teas, lemonades and juice drinks under the Tradewinds brand. Tradewinds has strong market presence in the Upper Midwest of the U.S., and its beverages are sold in Wal-Mart, Sams, Kroger and other retailers. Senior management of Sweet Leaf Tea will lead the combined companies. George Clark, a Freestone Partners principal and board member of Sweet Leaf Tea commented, We believe that the Tradewinds and Sweet Leaf brands will complement each other in the marketplace, giving us a stronger presence in the tea category than we would have otherwise. We are very pleased with this acquisition.