Keurig Green Mountain, Inc., an innovator in coffee brewing technology, announced it will acquire the remaining shares of rival beverage system Bevyz for approximately $220 million.
According to Keurig, Bevyz was founded in 2004 by Edouard Sterngold and Eva Schwarz who developed a unique, patented single-portion multi-drink system that dispenses a range of premium tasting hot and cold beverages.