Interbrands, a leading developer of brands and technology across various business verticals, has proudly announced its acquisition of BEVINC, a groundbreaking Virginia-based beverage incubator. This strategic move reflects Interbrands’ commitment to establishing a strong presence within the beverage industry and highlights BEVINC as a foundational company that connects Interbrands with exceptional emerging brands and talent.
BEVINC, the first private beverage incubator in the United States, has been in development for several years and focuses on the early-stage development of beverage entrepreneurs. By providing essential resources such as co-packing, branding, distribution, capital, and mentorship, BEVINC offers a strategic path for scalability within the organization. Moreover, its deep connections within Virginia’s business and political landscapes further enhance Interbrands’ strategic advantage.
In line with its strategy to bolster administrative, mentorship, and financial support, BEVINC is currently in preliminary discussions to partner with 757 Collab, a leading accelerator committed to regional advancement through innovation and talent attraction. This collaboration aligns with 757 Collab’s mission of drawing and supporting innovative talent and ideas, further enhancing BEVINC’s entry into the market.
The acquisition of BEVINC by Interbrands goes beyond a strategic move; it is a testament to Interbrands’ vision of identifying and developing promising ventures within the stable and expanding beverage markets. With significant opportunities for rapid growth and lucrative exits, Interbrands aims to leverage BEVINC’s specialized framework to support the most promising entrepreneurs and brands.
Mr. William Murray, Senior Vice President of International Sales and Marketing at Interbrands, will play a pivotal role in guiding these companies toward scaling up and achieving success. With his extensive expertise in the beverage industry and knowledge of international markets, Mr. Murray brings valuable insights to the table.
This acquisition strengthens Interbrands’ mission to develop a multifaceted portfolio, with a particular focus on the beverage vertical. BEVINC’s role as a backbone company in this sector enables Interbrands to engage directly with the most innovative and promising new brands, shaping the future landscape of the beverage industry.
About 757 Collab:
757 Collab is a transformative initiative based in the Hampton Roads region, dedicated to nurturing and accelerating the growth of startups. Comprising 757 Angels, 757 Accelerate, and 757 Startup Studios, this collaborative network aims to create a vibrant entrepreneurial ecosystem. Through its comprehensive support system, including mentorship, funding, and strategic resources, 757 Collab empowers entrepreneurs to turn innovative ideas into successful businesses, driving economic development and job creation in the region.
About Ayujoy Herbals Ltd. (Interbrands):
Ayujoy Herbals Ltd., operating under the ticker symbol AJOY, is a dynamic incubator and accelerator of businesses and bold, innovative new brands across various industries. With a strategic approach, the company maximizes opportunities and returns for its stakeholders, leveraging the combined expertise of its leadership and advisors.
For more information on BEVINC, please visit www.bevinc.org.
Contact:
AJOY INTERBRANDS
Email: ir@interbrands.com
Website: www.InterBrands.com
Address: 8942 Quioccasin Road, Suite 109
AlphaBull Media
Website: www.AlphaBull.IO
Phone: (800) 530-0412
