By Stephen Nakrosis

The Coca-Cola Co. (KO) said Tuesday it acquired Organic & Raw Trading Co., maker of MOJO Crafted Kombucha, a low-sugar, naturally-fermented, live-culture, organic drink.

Coca-Cola said Kombucha is the fastest-growing beverage category in Australia.

Terms of the deal weren't disclosed.

Anthony Crabb, co-founder and chief executive of Organic & Raw, and Sales and Marketing Director Andrew Buttery will remain in their current roles, Coca-Cola said.

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

September 18, 2018 14:44 ET (18:44 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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