Shiru, a biotech startup that identifies and creates novel plant-based ingredients for the global food industry, has closed a $17 million Series A round led by S2G Ventures and joined by returning investors Lux Capital, CPT Capital, Y Combinator, and Emles Venture Partners.
Infuse Your Life Health Products Inc, a Canadian-based health product and beverage startup is excited to announce that it is now offering it’s flagship Plant-Based Cardiovascular Support proprietary blended liquid formula to world wide food and beverage companies as well as ingredient suppliers.
This year Blue Monkey sparkling tropical juices have grown in its e-commerce and international distribution channels. January 2021 saw a significant increase in its international distribution with Japan, Hong Kong, South Korea, Australia, China, Kuwait and soon in France and the U.K.
Swire Coca-Cola, USA – the bottler for Coca-Cola and other beverage brands in parts of 13 states across the American West – has appointed Jason Grover as its new Chief People Officer.
Toronto-based canning company Wildpack announced today it has acquired Michigan-based Land and Sea Packaging for $26.1 million, as well as common shares of Wildpack with an aggregate value of about $11.2 million.
Phillips Distilling Company announced it has entered into an agreement to acquire 100% ownership of two prestigious brands, Leroux and Kamora, from Beam Suntory adding them to its long-established cordials & liqueurs collection.
XED Beverages has partnered with supermodel Jordan Barrett for the launch of its new ready-to-drink cocktail line, HAPĒ SAKE SPRITZ.
To celebrate their 25th anniversary, Heavy Hitters, California’s premier cannabis brand, announces its boldest innovation yet: HVY Grand, the first large-format distilled cannabis tincture.
![Coke Acquires BodyArmor for $5.6B [Updated]](https://dg6qn11ynnp6a.cloudfront.net/wp-content/uploads/2018/08/14121335/CocaCola_Bodyarmor_970-150x150.jpg)
The Coca-Cola Company announced today that it has acquired full control of sports drink maker BodyArmor for $5.6 billion, its largest acquisition to date. The beverage giant is exercising its option to purchase BodyAmor in full at a pre-existing discount, as included in a 2018 deal that gave Coke U.S. distribution rights to BodyArmor and a 15% stake in the brand.
In this courtroom roundup: PFAS Regulation ramp up and experts urge manufacturers to look at their supply chain, India Globalization Capital reaches settlement in investors lawsuit and Judge dismisses class action against Arrowhead Mountain water.
With January resets coming up quick, this week saw the announcement of several new products set to hit shelves at the start of the new year. Here’s a quick look at this week’s notable new launches and release announcements.
Buoyed by strong third quarter earnings results this week, Keurig Dr Pepper (KDP) has raised its 2021 net sales growth guidance from 7% to 8% for the year as the company benefits from increased consumer mobility and approaches the end of its three-year post-merger period.
The Coca-Cola Company is in the closing stages of completing its acquisition of sports drink brand BodyArmor at a valuation of around $8 billion, according to media reports.
PepsiCo, Inc. announced the establishment of the company’s first two Digital Hubs in North America and Europe, with plans to expand to more locations in the future. These Hubs, located in Dallas and Barcelona, are expected to create more than 500 new, high-caliber data and digital jobs over the next three years, bringing additional opportunity to the regions.
