Teavana president Annie Young-Scrivner speaks during Starbucks annual shareholders meeting March 18, 2015 in Seattle, Washington.
Stephen Brashear—Getty Images
By Lisa Baertlein / Reuters
June 2, 2016

Anheuser-Busch and Starbucks on Thursday announced a deal to produce, bottle, distribute and market Teavana ready-to-drink teas in the United States, with products expected to be available in the first half of next year.

The world’s biggest coffee chain bought tea seller Teavana in 2012. The bottled teas falling under Starbucks’ agreement with the maker of Budweiser beer will not contain alcohol.

Anheuser-Busch will lead production, bottling and distribution to retailers nationwide in partnership with its established network of wholesalers, the companies said.

Starbucks and joint venture partner PepsiCo Inc market, sell and distribute of ready-to-drink coffee products in the United States.

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