Oriental Rise signs non-binding LOI to acquire PoDu white tea beverage brand

1 week ago 10

TipRanks

Sat, January 10, 2026 astatine 8:20 AM CST 2 min read

Oriental Rise (ORIS) Holdings entered into a non-binding missive of intent to get the PoDu achromatic beverage beverage marque and definite related assets. PoDu is simply a ready-to-drink botanical beverage beverage positioned astir high-altitude achromatic beverage from Zherong County, Fujian Province. The Company believes the Proposed Transaction is highly aligned with its semipermanent strategical objectives, with a absorption connected extending the worth concatenation of its halfway achromatic beverage class into RTD products, diversifying merchandise formats, and enhancing marque scope into higher-frequency user occasions. Oriental Rise volition behaviour broad owed diligence connected the PoDu marque and related assets and, taxable to satisfactory results, proceed with negotiations toward a definitive transaction agreement. The LOI is non-binding, and the completion of immoderate transaction remains taxable to the completion of owed diligence, the execution of definitive agreements, and different customary closing conditions. The Company expects the Proposed Transaction, if completed, to complement its existing beverage plot resources successful Zherong County, Ningde City, Fujian Province, and to further beforehand Oriental Rise’s strategy of selectively expanding crossed the beverage worth chain-from cultivation and processing to merchandise innovation, branding, distribution, and user merchandise development. Zherong is known for its high-altitude tea-growing situation and important day-night somesthesia variation, which lend to the improvement of higher-quality beverage leaves suitable for premium and value-added products. If completed, the Company expects the Proposed Transaction to make meaningful strategical benefits by combining Oriental Rise’s nationalist institution platform, superior marketplace access, supply-chain management, prime power capabilities, and nationwide organisation web with PoDu’s RTD merchandise format and marque positioning. Expected benefits see a much diversified merchandise premix with accrued vulnerability to higher-margin user products, improved quality to seizure health-oriented request trends, stronger marque beingness crossed further depletion occasions, and enhanced operating leverage to enactment aboriginal maturation initiatives.

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