New Age Beverages Corp (NBEV)

Overview

NewAge, Inc. is a global company focused on the development, marketing, sales, and distribution of health-related products. The firm's operational footprint spans across several countries, including the United States, Japan, and China, among others. NewAge, Inc. is structured into two main divisions: Direct/Social Selling and Direct Store channels. Its expansive catalog features a diverse array of health and wellness products that range from beverages to personal care items. In addition to its consumer goods, NewAge is also involved in specialized markets, such as diagnostics and nutraceuticals. The company promotes well-known brands including Tahitian Noni, LIMU, and Zennoa. Established in 2010 as New Age Beverages Corporation and rebranded to NewAge, Inc. in July 2020, its headquarters are located in Denver, Colorado. It is noteworthy that on August 30, 2022, NewAge, Inc. and its affiliates entered voluntary Chapter 11 bankruptcy proceedings for reorganization in the U.S. Bankruptcy Court for the District of Delaware.

Products and Services

• Energy Drinks: A range of beverages designed to provide consumers with a boost in energy, focusing on health-oriented formulations to cater to the energetic lifestyle of modern consumers.
• Essential Oils: Natural oils extracted from plants, marketed for their therapeutic properties and used in various wellness applications, including aromatherapy and personal care.
• Anti-Aging Skincare: A product line aimed at addressing signs of aging through innovative formulations designed to promote youthful skin appearance and enhance overall skin health.
• Cosmetics: A collection of beauty products formulated with health-conscious ingredients, ensuring that consumers have access to quality cosmetics that also prioritize skin health.
• Various Beverages: An assortment of healthy drink options, including nutritionally fortified beverages, aimed at satisfying consumer demand for tasty yet health-focused refreshment.
• Snack Options: Nutritional snacks designed to provide convenient, healthy alternatives for on-the-go consumers without compromising on taste or quality.
• Personal Care Products: A broad selection of items intended for daily personal hygiene and maintenance, with formulations emphasizing natural and beneficial ingredients for the skin.
• Water and Air Filtration Systems: Innovative filtration solutions that ensure the purity of drinking water and air quality, addressing growing health concerns related to contaminants.
• Weight Management Solutions: Products aimed at supporting various weight management goals, including meal replacement options and appetite management aids.
• Nutritional Supplements: Health supplements designed to provide essential vitamins, minerals, and other dietary components to support overall wellness.
• Nutraceuticals: A specialized category of products combining nutrition and pharmaceuticals, focusing on preventive health and health optimization.
• ‘Slenderiize’ Products: Specifically developed for weight management, these products aim to enhance the weight loss journey with science-backed ingredients.
• Diagnostic Products: Including DNA testing kits that provide consumers with insights into their health at a genetic level, paving the way for personalized health strategies.
• CBD-Infused Offerings: A collection of products enhanced with cannabidiol, catering to the growing market demand for hemp-derived solutions solutions in wellness.