Brent Willis, the CEO of Bucha, a publicly traded kombucha company, announced the merger today with Xing, a Colorado-based natural tea line that is also owned by Tom Lebon and Scott Lebon, the brothers who run Denver distribution powerhouse New Age Beverage.
Continuing to staff up the cold brewed coffee company they purchased six months ago, celebrity fitness trainer Jillian Michaels and her business partner, Giancarlo Chersich, announced that marketing expert Matt Ammirati had joined Lucky Jack as a co-CEO.
Guayusa-powered natural energy drink Runa confirmed today the long-rumored addition of Oscar winner Leonardo DiCaprio as an investor, joining a new wave of high-profile individual investors including fellow thespians Marlon Wayans and Adam Rodriguez.
In the month since Natural Products Expo West closed, food and beverage companies have announced millions of dollars’ worth of investment, from strategic investment in companies like Juicero and Body Armor to advanced funding rounds in brands like Perky Jerky and Health Ade.
The purchase brings a high-touch set of account managers who foster the growth of mid-sized businesses into a brokerage and sales strategy firm that deals with the largest companies in the world.
Premium mixers have been one of the hottest categories in the beverage business in the past few years and Q Drinks has led its growth, transforming the carbonated beverage aisle in many specialty and mainstream retail accounts.
The company behind Vita Coco has formed a new partnership, called Coco Community, with Thai coconut processor Cocos Enterprises to produce an organic, fair-trade, single-origin coconut water in what CEO Mike Kirban is calling “the artisanal coconut water” segment.
Comprised of a well-known entrepreneur, a legendary brand-builder, and a self-described “hunter” of cutting edge brands, CAVU’s triangle offense is getting ready to hit the floor.
We often ask event speakers to consult their crystal balls for the future of the beverage business. This time, we reached out to friends so that you wouldn’t have to travel. So here’s what they’re thinking about as they look down the road, and also, what we think some of our biggest questions are for the industry in 2016.
A brand pivot in 2012 enabled growth, noted CEO Chris Cuvelier.
The circumstances surrounding LaCroix, one of the most successful growth stories in the sparkling water category, have come to a boil as legal issues and employee turnover surfaced this week.
SEC filings show that Spindrift Beverage Co. has completed a $7.2 million raise; no comment from founder Bill Creelman.
With the Biggest Loser star’s Empowered Media leading the way, Michaels revealed today that she had purchased a controlling interest in emerging cold brew brand Lucky Jack Coffee Co.
Here’s what we thought were the most important stories and trends that we followed throughout 2015.