Headlines

Brynwood Partners to Acquire Sunny Delight Beverages Co.

The deal, announced via press release Thursday, will see Brynwood Partners acquire Sunny Delight’s three beverage brands - Sunny D, Fruit2O and Veryfine - and the company’s four production facilities, located across the United States.

Sipp Hits the Target

Sipp Sparkling Organics today announced that, beginning in March, four of the brand’s varieties will be carried by 1,200 Target stores across the U.S.

Voss Water Sells Majority Stake to Reignwood Group

Voss CEO Jack Belsito discussed the investment in a call with BevNET Monday evening, saying that the company had begun scouting potential strategic investors about a year ago, eventually connecting with Reignwood Group via Goldman Sachs, which served as an advisor to Voss throughout the process.

Essentia Expands DSD Network with Honickman Group and Hensley

The latest gains in distribution further Essentia’s pursuit of becoming a mainstream player within the greater premium bottled water segment -- one that continues to thrive amidst the decline in consumption of carbonated soft drinks.

Industry Responds to New Federal Dietary Guidelines

Beyond hopefully impacting the way consumers’ shop, the guidelines can have dramatic impacts on programs funded by federal dollars, which must now conform to the set standards.

FDA Seizes 90,000 Bottles of RelaKzpro

The FDA’s action arrives as the latest in a series of measures it has taken against dietary supplements containing kratom, stemming from concerns regarding the toxicity of the botanical in internal organ systems.

Lance Leonard Departs as CEO of True Drinks

Though no reason for his departure was given, the filing states that “Mr. Leonard’s resignation is not due to any disagreements with the company on any matter relating to its operations, policies or practices.”

Evolution Fresh Enters Canada

On Tuesday Evolution Fresh announced its debut in Canada where its juices will be sold in 1,300 Starbucks cafes nationwide.

Nielsen Numbers: CSD Price Hikes Can’t Offset Volume Declines

Wells Fargo Securities’ latest report covering Nielsen xAOC (expanded all outlets combined) year-over-year sales data indicates that dollar sales of soda declined by 0.2 percent in the four-week period ending December 26, with a 2.3 percent increase in unit pricing failing unable to offset a 2.4 percent decrease in volume.