<article>Coca&#8211;Cola Co said on Tuesday it bought Australia-based Organic &amp; Raw Trading Co, known for its Mojo brand of kombucha tea, extending its push into healthier drinks.</article>

Coca&#8211;Cola Co said on Tuesday it bought Australia-based Organic &amp; Raw Trading Co, known for its Mojo brand of kombucha tea, extending its push into healthier drinks.
The world&#8217;s largest drinks company has been increasingly diversifying its portfolio to include healthier options such as sparkling waters as consumers move away from sugary sodas.
Organic &amp; Raw&#8217;s Mojo kombucha is a naturally fermented tea.
Coke has been on a deal spree, ranging from a $5.1 billion acquisition of coffee chain Costa to a minority stake in a Kobe Bryant-backed sports drink brand BodyArmor last month. The company is also among the bidder for GlaxoSmithKline&#8217;s Indian Horlicks nutrition business, Reuters reported on Tuesday.
The soda maker also said on Monday it was closely watching the fast-growing marijuana drinks market for a possible entry.
The latest deal, the terms for which were not disclosed, will allow Coca&#8211;Cola to add Mojo brands to its portfolio of 165 products and 25 brands across Australia.
&#8220;The addition of Mojo kombucha fits perfectly with the growing popularity of organic, probiotic drinks,&#8221; Vamsi Mohan, president of Coca&#8211;Cola Australia, said in a statement.

The world's largest drinks company has been increasingly diversifying its portfolio to include healthier options such as sparkling waters as consumers move away from sugary sodas.

Coca-Cola buys Australia's kombucha maker Mojo

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Coca-Cola buys Australia's kombucha maker Mojo

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