Michael Burgmaier and Nick McCoy have left Silverwood Partners, where they led the consumer products practice for the last six years, to open Whipstitch Capital, a boutique investment bank focusing on the consumer products industry.
Fair trade-focused coconut water brand Harmless Harvest today announced that it is adding a pair of experienced big-company executives to help run the business.
We don’t like to become the story, unless it actually furthers the story. So here’s the story: last month, we ran a set of IRI numbers on lemonade, and, well, we ticked off the folks at Calypso.
A lifetime food and beverage executive who has come in to navigate the late-stage expansion and sale of high-profile brands like Stirrings (sold to Seagram’s) and Immaculate Baking Co. (sold to General Mills), as well as a former CEO of Annie’s, Paul Nardone has joined fast-growing snack brand PopCorners as its CEO.
“Since we started, we’ve shipped over 40 million bottles of Suja,” Church said. “With Coke and the right construct of an arrangement, we could go from 40 million to a billion. It just gets us super-excited about the pathway to building a much bigger business.”
The manufacturing, shipping, and distribution capabilities for Campbell's new Fresh division will depend on Bolthouse’s strong cold-chain capabilities, but the brand also plans to keep innovating.
BevNET has learned that the Coca-Cola Company will invest $90 million in Suja as part of a deal that will give the soft drink giant a path to owning the juice maker in three years.
All of these natural functional products are available in beverages right now: and they’re growing and on-trend.
Readers of my last two columns get the point quickly: food and beverage companies in the natural products industry should strive for racial and ethnic diversity. To that end, now we’re going to think about solutions: practices that the industry and its component companies can inaugurate to spur both employee and entrepreneurial diversity.
The high-pressure processed detoxification product is made with water, activated charcoal -- an ingredient that’s currently on the rise in food and beverage applications -- along with lemon juice and dandelion and ginger root extracts.
Coke's L.A. market unit is giving a brand started by three former Coke employees a try.
Bulletproof is currently a lifestyle platform with roots in media and home-preparation coffees and supplements, but with the investment it is branching into a brick-and-mortar cafe and store, as well as the RTD product.
Singled out as symbols of the category’s development are fast-growing LaCroix Sparkling Water, a product of National Beverage Corp. and Sparkling Ice, owned by Talking Rain.
Cans have become a more important part of the overall packaged water strategy for many brands in the past year, particularly with regard to sparkling beverage types.