Press Seltzer Sold for $825K | Milwaukee News

Milwaukee’s Press Premium Seltzer has been sold for $825,000 to Go 4 It Beverage LLC in a deal finalized in early August — just seven months after the brand filed for receivership. The buyer, based in Newtonville, Massachusetts, put down $200,000 as part of the winning bid and now owns everything: inventory, raw materials, and intellectual property. Originally launched in 2015 by Amy Walberg and later taking a minority stake from Constellation Brands in 2021, Press’s sale didn’t fully cover its debt to CBV Ventures — but both parties agreed to move forward. With a new owner in place, the future of the brand remains uncertain but full of potential. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d3be0a722b635399