Blue Pacific Flavors Acquired by Global Ingredient Supplier Capol
California-based supplier Blue Pacific Flavors has been acquired by confectionery coatings company Capol, the company announced today.
Martín Caballero
Managing Editor, BevNET
Martín writes news articles and feature stories covering the non-alcoholic beverage industry for BevNET. A graduate of Boston University, Martín's previous work has appeared in USA Today, The Boston Globe and The Boston Herald.
Posts by Martín Caballero
Canadian Brand Temple Lifestyle Acquires Rise Kombucha
Canadian holding company Temple Lifestyle Brands has added Rise Kombucha to its expanding functional beverage portfolio. Launched in 2008, Montreal-based Rise established itself as a category leader in Canada before entering the U.S. in 2018.
PepsiCo’s $4B Investor Pushes for Change, Refranchising Indie Bottlers
PepsiCo is facing pressure from an activist investor to make a broad series of strategic changes, including restructuring its beverage division to welcome franchise bottlers back into the fold.
Huel Launches Daily Greens, Pushing Further into RTDs
The “de-powderization movement” is underway at Huel, as the British meal replacement brand reaches into the red-hot greens category for its next and widest RTD release.
PepsiCo Taps Celsius As “Strategic Energy Lead,” Backed By $585M Investment
Celsius Holdings is now PepsiCo’s “strategic energy lead in the U.S.,” with the Celsius, Alani Nu and Rockstar Energy brands under its management and PepsiCo distributing the full portfolio in the U.S. and Canada.
Report: Coke Exploring Options For Costa Coffee, Including Sale
Per media reports over the weekend, the global beverage giant has enlisted investment bank Lazard to explore options for its most-expensive-ever acquisition, and has already held talks with “a small number of potential bidders” about the coffee brand.
Daily Briefing (Insiders Only): Big Weed Bets on Bevs
If beverage entrepreneurs somehow thought the THC drink business would be more “chill” than the non-infused side, they might soon learn a hard lesson.
Starco Brands Future In ‘Substantial Doubt’ As Soylent Stalls
The meal replacement shake tumbled at retail in Q2, generating just $6.8 million in gross revenue Q2 compared to $11 million the same period last year, an approximately 33.6% drop.
Yerba Madre Launches Summer Seasonal Flavor, Teasing New LTO Strategy
For its first release since changing its name from Guayaki in May, yerba mate specialist Yerba Madre is embracing fresh, fruit-forward summer vibes – while teasing a new seasonal flavor strategy.
Uncle Arnie’s Raises $7.5M, Targets ‘Category Leadership’ in THC Drinks
Cannabis beverage brand Uncle Arnie’s is planning to nearly double its team from 40 to 75 employees after closing a $7.5 million investment round co-led by Mindset Capital and Delta Emerald Ventures.
Distribution: Walmart Welcomes De La Calle, Phorm Energy Heads to 7-Eleven
We recap notable distribution moves from the month so far, including the entrance of "modern Mexican soda" to Walmart's CSD set, the arrival of another D2C supplement brand into brick-and-mortar retail, and several moves by Sprouts.
Tilray Revamps U.S. THC Drinks With Higher Dosage Options
The cannabis and beer company this morning announced the introduction of new 10 mg THC versions from its Fizzy Jane’s and Happy Flower brands through its Tilray Wellness division, available exclusively in the U.S.
Convenience Retail Traffic Slows in July, But Energy Drinks Still Surging
Convenience store foot traffic declined sequentially by approximately 133 bps year-over-year in July vs. June, with all categories besides energy drinks decelerating.
Celsius Sales Surge 84% in Q2; Alani Nu’s ‘Breakout’ Adds $301M
Celsius’ billion-dollar bet on Alani Nu is paying dividends, as the female-leaning energy drink brand added $301 million in revenue in Q2 and helped Celsius’ North America achieve 41% growth through the first six months of the year.