Big Easy Bucha owners sell company to Latin American firm Beliv with plans to expand locally
Big Easy Bucha, the beverage manufacturer founded by husband-and-wife team Austin Sherman and Alexis Korman seven years ago in New Orleans, has been sold to Latin American drinks company Beliv, a health-focused drinks division of the Central American Bottling Co., based in Guatemala City.
Big Easy, a private company, declined to disclose financial terms of the deal but said initial plans are to expand production at the company’s New Orleans manufacturing plant and more than double the workforce there, from 47 to almost 100.
The sale of Big Easy Bucha is the latest in a string of New Orleans startups to be swallowed up this year by larger companies, though most of the others have been in the technology sector.