Today, Primo Water Corporation and an affiliate of BlueTriton Brands announced the two water giants have entered a definitive agreement to merge, creating a new combined entity called NewCo, effectively taking the largest manufacturer of bottled water in the U.S. public.
Since its founding in 2015, the CPG sales agency, specializing in retail execution for emerging brands, has grown to over 100 clients in 35 states, with 85 full time employees and plans to expand the team to over 100 by January 2025. The firm works with companies such as Olipop, Poppi and Guayaki, among others.
Non-alcoholic beverage sales accelerated during the two-week period ending June 1, with volume sales picking up as pricing eases, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
CPG services provider Advantage Solutions Inc. and innovator platform L.A. Libations (LAL) are forming a joint venture, dubbed Relentless Advantage, to help LAL-affiliated brands to expand nationwide more readily outside of the company’s SoCal backyard.
Mocktail Club, maker of a line of non-alcoholic canned cocktails, announced today it has received an investment from spirits industry capital and brand building firm Pronghorn, aimed at helping the Washington, D.C.-based business expand across the country.
Bottled water manufacturer Icelandic Glacial announced today it has named Sadowsky to its board of directors. The man also known as the “Beverage Whisperer” is a senior advisor at investment firm Verlinvest and the executive director of beverage distribution group NIDA, but joins Icelandic’s board as an individual.
Keurig Dr Pepper (KDP) is beefing up its DSD wing with the acquisition of Arizona-based Kalil Bottling Co., in a deal that gives the beverage strategic control of all production, sales and distribution assets and its first facility in the Grand Canyon State.
As online marketing and ecommerce have radically changed the playbook for brands, CPG strategy firm PLTFRM is aiming to provide a new “operating system” for modern startups, and now it’s expanding its retail and marketing services to new channels and new industries.
Beverage sales over Memorial Day weekend “broadly met or exceeded expectations” of beer distributors and convenience channel retailers, according to the latest Beverage Bytes survey by Goldman Sachs Equity research.
In January 2022, having bounced back from a period of major revenue declines and operating losses, leading U.S. kefir manufacturer Lifeway Foods announced a new phase for the decades-old brand dubbed “Lifeway 3.0” with a focus on growth and scaling.
Late last year, sparkling beverage maker Sound was facing an existential crisis. Social media had gone quiet and consumers seeking out its canned botanical and tea drinks online and in stores were met with months-long out of stocks.
In the military Jocko Willink led troops into battle in Iraq and in business he’s built a lifestyle media brand around leadership and discipline, but now – as he looks to expand his beverage platform Jocko Fuel – can he conquer the field of DSD? And more importantly, can he build a brand that can thrive beyond its namesake founder?
Sparkling beverage brand Sound is back in supply after its acquisition this month by operating partner Next in Natural, a New York-based private equity firm specializing in better-for-you CPG.
Non-alcoholic beverage sales remained stable across the two-week period ending May 4, 2024, as volume growth picked up while pricing moderated, according to the latest analysis of NielsenIQ scanner data by Goldman Sachs Equity Research.
