Next in Natural buys plant-based milk maker Three Trees

What's the deal? Next in NaturalDealroom has a profile for this one. Try Dealroom → has acquired Three TreesDealroom has a profile for this one. Try Dealroom →, a clean-label plant-based milk and milk tea brand, for an undisclosed sum. The deal was announced in September 2026.

What's the endgame? The acquirer said it will "explore" a collaboration with Chameleon, another brand in its portfolio. That signals plans to build out its stable of natural, plant-based products.

The signal: The tie-up reflects continued consolidation among clean-label and plant-based brands, as larger players scoop up niche makers to widen their shelf presence.

Read more: bevnet.com

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