German brewer Veltins buys malt-drinks brand Karamalz

German brewer C & A Veltins has acquired non-alcoholic malt-drinks brand Karamalz for an undisclosed sum. In a statement, Veltins, which had distributed Karamalz, said it was buying the trademark rights to Karamalz from fellow German brewer Eichbaum with immediate effect. Financial terms were not disclosed. Veltins assumed the distribution rights for Karamalz last year but suspended the deal last October for undisclosed reasons. The deal will see Veltins will take on the production of Karamalz. Dr. Volk ...