In this conversation recorded at BevNET Live Winter 2019 in Santa Monica, California, La Colombe CEO Todd Carmichael and Chobani president Peter McGuinness discuss how fear of a changing marketplace is a necessary ingredient in forward-thinking innovations and how it led both companies roll out new oat milk product lines this year.
Two ingredient development and innovation companies are joining forces: International Flavors & Fragrances (IFF) and DuPont Nutrition & BioSciences announced yesterday that the two will merge via a $26.2 billion deal. The new company is valued at $45.4 billion, with a projected combined revenue of over $11 billion for 2019, morphing the two into a single global ingredient powerhouse for food and beverage CPG brands.
Butterfly, the private equity group which acquired a majority stake in Orgain in November, is expected to inject new energy and resources into the brand, providing a boost in marketing and a path towards international expansion, along with "fuel to the fire on our innovation," according to founder Dr. Andrew Abraham.
Western Spirits Beverage Company, the makers of Bird Dog Whiskey, has named Mike Glennon as the Vice President of Sales – Ready-to-Drink Beverages.
The Apple Rush Company, Inc. is proud to announce the addition of Randy Ornstein, former VP of Anheuser-Busch, to its official advisory board.
Glanbia Performance Nutrition, the world leader in sports nutrition and parent of powerhouse brand OPTIMUM NUTRITION has announced an agreement with Kalil Bottling Company to distribute ESSENTIAL AMIN.O. ENERGY PLUS ELECTROLYTES Sparkling Hydration Drink, expanding availability of the lightly carbonated, grab-and-go beverage for anytime energy.
Traverse City Whiskey Co. (TCWC), the award-winning craft whiskey brand in upstate Michigan, announced the hiring of Andrea K. Yorgy as the company’s first Chief Financial Officer.
Sol-ti, leading beverage manufacturer of Organic, Glass Bottled, Living Beverages is pleased to name Rob Paladino as President, effective Q4 2019. In this new role, Paladino will bring an accelerated focus on the long-term strategic direction, national expansion and overall success of the booming company.
Todd Berardi Exits Hiball; Rowdy Mermaid Names VEB, PepsiCo Vet as VP of Sales & Marketing; Mad Tasty Names Dan Holland as COO; Sprig CEO Michael Lewis Exits Company; Scott LaPorta Joins Sugarfina as CEO; Lemon Perfect Names VP of Sales, VP of Operations; Apple Rush Adds Randy Ornstein to Advisory Board
PanTheryx, a biotechnology company committed to realizing the potential of bovine colostrum-based therapies to address a wide range of health conditions, has announced that an independent expert panel of scientists affirmed its bovine colostrum as GRAS (Generally Recognized As Safe) for specific food and beverage uses.
Next month, Mondelēz will begin piloting Ruckus and Co., a two-SKU line of ready-to-drink frozen fruit smoothies set for broad launch in summer 2020. Available in dairy-based Berry Banana Twist and coconut milk-based Tropical Tango flavors, each 6 oz. bottle is designed as a “pack-and-thaw” item that can go into kids’ lunch boxes straight from the freezer in the morning and be ready to consume by midday.
Conecuh Brands, LLC has launched its limited-edition release for the Clyde May’s brand this November. A limited-edition release of 3,000 bottles of the Clyde May’s 11 Year-Old Cask Strength Alabama Style Whiskey bottled at 120 Proof is available in time for the holidays.
Flaviar, the leading members club for fine spirits enthusiasts, has teamed up with spirits industry veteran, Steve Luttmann, to enter the Rum + Rye category with Hercules Mulligan, a unique blend of Caribbean rum and American rye inspired by the unsung Revolutionary War hero Hercules Mulligan.
The forecast is warm with eternal sunshine complimented by luxury relaxation. Coral Cay Distilling is excited to announce a spring 2020 launch of the Tommy Bahama Spirits Portfolio.
