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.
In a post published on her personal blog, Lawless wrote that “There were things that I loved at the beginning of the company that became lost.”
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 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.
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.
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.
The round also included investments from Arif Fazal’s Blueberry Ventures, equity crowdfunding platform CircleUp and personal investments from former Boulder Brands executives Duane Primozich and Carole Buyers.
Ever the high pressure innovator, FreshBev believes its future is in the bag.
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.
SEC filings show that Spindrift Beverage Co. has completed a $7.2 million raise; no comment from founder Bill Creelman.
With the Biggest Loser star’s Empowered Media leading the way, Michaels revealed today that she had purchased a controlling interest in emerging cold brew brand Lucky Jack Coffee Co.
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.”
On Tuesday Evolution Fresh announced its debut in Canada where its juices will be sold in 1,300 Starbucks cafes nationwide.
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.