Penn.-based contract manufacturer Lion Beverages, LLC has closed a $150 million investment as it prepares to expand capacity in the new year. The round was led by Apogem Capital and included additional funding by J.P. Morgan Asset Management, RCP Advisors and Montana Capital Partners.
At BevNET Live Winter 2025, the husband-and-wife team sat down to go back to the beginning and discuss how they approached the various stages of growth for Poppi and why ensuring their team was taken care of in the acquisition process was a necessity before agreeing to a sale.
Beverage packaging manufacturer Ball Corporation will acquire an 80% majority stake in Benepack’s European can manufacturing businesses, including two production facilities in Belgium and Hungary.
Protein, non-alc and better-for-you soda are all here to stay, but the shape – or taste – that any and all of them could take in the new year is less certain. But formulation and ingredients experts Flavorman and Finlays have a sense of what’s on the horizon.
The online grocery retailer announced today it is adding more than 100 SKUs across 20 brands to its adult non-alcoholic beverage set, while simultaneously dropping all of its existing alcoholic offerings.
The past year saw some major M&A deals, and day one of BevNET Live Winter 2025 in Marina Del Rey, Calif. served as the perfect platform to sit down with the leaders of Poppi and Health-Ade Kombucha to learn how they steered their businesses to an exit.
Plant-based milk producer Ripple Foods today announced the close of a $17 million funding round and the appointment of Becky O’Grady as its permanent CEO , setting the stage to execute on its growth plans in the new year.
Better-for-you soda brand No Cap (stylized as NO CAP! Soda Pop) has added SoCal distributors John Lenore & Co. and various Anheuser-Busch InBev houses to its fleet of DSD partners.
In this week’s new products gallery we cover a Harry Potter collaboration with Coffee mate, new launches from Too Good & Co. and Pop & Bottle, as well as other non-coffee innovations.
Adult non-alc beverage brand Proxies has acquired the assets of defunct mocktail maker Avec, with plans to use its recipes for a new canned drinks line slated to launch early next year.
Over six months since introducing its refreshed aluminum packaging, Saint James Iced Tea is enjoying the benefits of a glow up. The startup beverage maker moved away from cartons this spring and the difference was felt instantly.
The new agreements add Sunset Distributing – a subsidiary of Hand Family Companies covering the Southern California market – as well as Pacific Northwest houses The Odom Corporation, Bigfoot Beverages and Summit Beverage Distribution Co.
Revenue remained strong in its Q4 and fiscal year 2025 earnings report today, but BellRing Brands – maker of Premier Protein and Dymatize – fell short of analyst expectations despite outperforming throughout the fiscal year.
Fresh zero sugar innovations and distribution gains paid off for Jones Soda Co. in its Q3 earnings report today, with the company announcing nearly 15% revenue growth to $4.5 million in the quarter.
