The $165 million investment has a valuation of $665 million. The agreement includes distribution of the brand’s portfolio throughout mainland China.
Unilever, a global consumer packaged goods conglomerate, sold the brand to Kainos, but will retain a minority stake in the business.
Indra Nooyi, the CEO of PepsiCo, recently discussed the challenges of balancing work with the rest of her life.
Aseptic processing has become a vital element for many successful beverage products like Bai and Vita Coco due to its ability to allow products to be shipped at room temperature without fear of spoilage. But how does Aseptic processing work and how does it differ from hot, cold, high-pressure and other processing options?
There’s some shifting down the line and an even bigger shift looming up the line as well. The big encroaching shift is that Monster is getting ever-closer to displacing Red Bull on a cumulative basis for overall sales.
As the first ginger beer made with fresh lemons and fresh ginger, the development of Spindrift’s newest offering was a tremendous undertaking.
Packed to the walls with an estimated 28,000 attendees and over 2,700 exhibitors, the 2014 Fancy Food Show was the largest event in its history, and beverage companies took advantage.
While the energy drink category has been one of the biggest beneficiaries of reduced shelf space for CSDs, there is significantly more room to grow.
To better manage the product’s final outcome, stevia suppliers such as Stevia First Corp., Cargill and DSM have begun fermenting it.
With their latest releases, Nestle and LaCroix have kept the carbonation, retooled the flavors and dropped the sweet stuff.
The organic products company announced Tuesday that it has redesigned the packaging of its Dream brand of alternative dairy products.
The acquisition gives Lassonde its most identifiable consumer packaged goods brand, which could help the Quebec-based company make a greater push below the border.
The agreement will diversify the portfolio of ADM, a global supplier of food ingredients, animal feeds and biofuels, among other products.
Suja Juice Co. announced Tuesday the national, Whole Foods-exclusive launch of a four-SKU line of high pressure processed (HPP) teas that features an unsweetened, biodynamic black tea.