Odeko, an all-in-one operation and technology partner for thousands of local coffee shops, cafes, and other food and beverage businesses, announced it has acquired Humankind Beverage, a cafe distributor and bottled beverage brand located in Lancaster, Pennsylvania.
The deal expands Odeko’s market presence in the Northeastern and Mid-Atlantic US, including the hundreds of customers that Humankind has served. And Humankind customers largely comprise premier local coffee shops and cafes in Pennsylvania and the Washington D.C. metropolitan area, such as Denim Coffee, Downtown Joe, Ebenezer Coffeehouse, Frederick Coffee, New Holland Coffee, and Ultimo Coffee.
As part of the deal, Odeko will also sell Humankind bottled water, juices and teas across its national distribution network. More than just a bottled beverage brand, Humankind was born out of the belief that everyone should have access to clean drinking water. Historically, a portion of the proceeds from the sale of every bottled beverage goes toward providing access to clean water globally. Odeko has committed to not only continuing but increasing those contributions.
Odeko also revealed that it has partnered with financing provider Credit Key to offer integrated flexible payment options that provide an instant credit line for purchases big and small on the Odeko platform. And approved customers can receive 30+ day terms with 0% interest. Odeko is pleased to be able to provide additional flexibility to its customers and to add this solution to its suite of customer offerings.
KEY QUOTES:
“Humankind started in 2011 as a bottle of water and a desire to provide access to clean water all over the world. Over time, the brand grew to include teas, lemonades and fruit juices which we sold out of our own distribution network in the Mid-Atlantic. When Odeko came along and expressed excitement about the distribution and the brand, we knew it was our opportunity to make the next leap. We’re extremely excited to be a part of the Odeko family and can’t wait to see how big we can grow this thing!”
Humankind co-founders TJ Foltz and Ethan Frey
“We’re thrilled to welcome the Humankind team to Odeko. We’ve known TJ and Ethan for years and are honored that they have decided to entrust us with their customers, their brand, and—most importantly—their goal of providing clean water to those in need. We’re excited to see what we can do together.”
Dane Atkinson, CEO and Founder of Odeko
