By Josh Beckerman

New Age Beverages Corp. (NBEV) shares recently traded up 17%, to $3.21, as a company tweet mentioned "Big news coming from #Nestea."

New Age acquired distribution rights for several brands including Nestea in the July purchase of Brands Within Reach Inc., also adding Illy Ready-to-Drink Coffee, Volvic and Evian. New Age's other brands include Marley, Tahitian Noni and Coco-Libre.

Nestea is a Nestle SA (NESN.EB) product.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

October 16, 2019 14:06 ET (18:06 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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