The Coca-Cola Company (KO) has bought, for an undisclosed sum, Adelaide-based Organic & Raw Trading Co, which makes the MOJO brand of organic Kombucha drinks

With more than 60 staff and a factory in South Australia, MOJO is growing at rates of more than 150% to make it the fastest-growing alternative to soft drinks. Globally kombucha sales are estimated to be just over $US1bn, of which half is generated within the US, although worldwide sales are expected to climb to more than $US2.5bn over the next four years, as consumers become increasingly interested in probiotic drinks and gut health. Source: AFR.