Texas-based butter coffee maker Picnik has raised $7.5 million from private equity firm KarpReilly in a move that will grow both the brand’s CPG and cafe businesses, the company announced this week. KarpReilly will hold a seat on the company’s board of directors.
The Coca-Cola Company has purchased cult favorite soda brand Moxie from independent bottler Coca-Cola of Northern New England (CCNNE) for an undisclosed sum, the company announced today. The transaction is expected to close in the fourth quarter.
Connecticut-based high pressure processing (HPP) provider Stay Fresh Foods has doubled its annual co-packing capacity to more than 50 million bottles with the expansion of its facility in Pennsauken, New Jersey.
WTRMLN WTR is cutting into the sports drink space with the launch of its WTRMLNSLCE, an enhanced watermelon water that includes electrolytes and only 2g of natural sugar without artificial sweeteners.
The company announced the new four-SKU MCT Shot line last month, including Coffee, Matcha, Orange Cacao, and Turmeric Ginger varieties. Each product uses a base of 8g of MCT oil with added organic ingredients.
Beverage brands are at the front of a campaign to protect sales of cannabidiol (CBD) in California, after the state’s Department of Public Health (CDPH) released a revised FAQ stating the hemp-derived ingredient is not approved as a food or dietary supplement.
Whipstitch Capital's Mike Burgmaier, Blueberry Ventures' Arif Fazal, and Green Circle Capital Partners' Stu Strumwasser weigh in on hot topics in the beverage industry including the future of the DPS allied brands portfolio, new competition for natural energy drinks, and why alcohol companies are interested in kombucha.
Having re-released its flagship product last year, premium coconut smoothie maker Genius is growing its line with the launch of two new flavors set to debut later this year: Coffee and Turmeric.
Kroger is taking its focus on wellness to a bigger stage, announcing this week the launch of the Wellness Your Way Festival to be held in Cincinnati from October 4-7, 2018 at the Duke Energy Convention Center.
While diet trends come and go, the rapid rise of the ketogenic diet represents a new variation on the evergreen low-carb approach to nutrition.
Looking to create a drink that goes down easy in the Florida heat, Mother founder Tonya Donati has crafted the brand’s identity and products around a light, approachable, and healthy formulation.
Nutritional supplement company Bulletproof 360, makers of Bulletproof Coffee products, has raised $40 million in a Series C funding round led by previous investor CAVU Venture Partners, the company announced in a press release Tuesday.
In California, a revised FAW issued by the state Department of Public Health effectively prohibits the sale of hemp-derived CBD products, while the debate over defining an identity for the plant-based dairy category moves forward.
In this Distribution Roundup, plant-based beverage Koia expands into Publix, EBOOST earns placement at 7-Eleven, and Sprouts signs a new deal with KeHE through 2025.
