Boxed Water Sells To Private Investment Group
Boxed Water is Better was acquired last week by Nyrad, LLC in a quiet transaction for one of the early players in non-plastic packaged water.
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
UPTIME Energy Acquires RISE Brewing Co.; New Glass Bottle Line Targets C-Stores
UPTIME Energy has acquired cold brew coffee maker RISE Brewing Co. in a deal that aligns two established independent brands in their respective categories into a fully integrated new platform.
Jones Soda Enlists New Leadership to Fuel Innovation, C-Store Distro Push
Jones Soda begins a new era today with Scott Harvey and Brian Meadows stepping in as CEO and CFO, respectively, with designs to “transform Jones from a craft soda company into a full-fledged beverage company.”
Guayakí Distro Pivot Sparks Layoffs As YMCO is Mostly Dissolved
The majority of staff at Guayakí’s self-distribution division, The Yerba Mate Co. (YMCO), have been laid off following the company’s announcement of a national distribution partnership with Anhesuer-Busch (AB) earlier this month.
Spindrift Agrees Sale to PE Firm Gryphon Investors; Dave Burwick Named CEO
Spindrift Beverage Company has reached an agreement for San Francisco-based private investment group Gryphon Investors to acquire a majority stake in the sparkling water brand, and is tapping experienced CPG executive Dave Burwick as its new CEO.
Yerbaé Acquired by Safety Shot, Inc. in Move to Build Portfolio Business
Yerbaé Brands has been acquired by Florida-based functional beverage maker Safety Shot in what could be the first of multiple beverage acquisitions by the company. The two companies will also seek to create synergies in supply chain logistics, ingredient procurement, sharing warehousing and other resources.
Owen’s Enters ‘Daizy’s’ Age With THC-Infused Social Soda
Giving an overarching term like “soda” a more unique positioning has helped create successful sub-categories like “prebiotic soda” and “energy soda” -- but what’s a “social soda”? Josh Miller, founder of Owen’s Mixers, thinks he knows.
Danone Slams Lifeway, CEO Smolyansky For “Value-Destroying” Share Move
Danone is taking legal action against Lifeway Foods after its attempts to acquire the brand last year were rebuffed, with the French dairy giant’s North America division accusing Lifeway CEO and chairwoman Julie Smolyansky of running a “value-destroying gifting program.”
The Year In Cannabis: Hemp-THC Redraws the Map to Growth
This year marked another 365 days of high excitement and anxiety, specifically in relation to the explosion of legal hemp-derived THC, as the push-and-pull of economic opportunities and legal hurdles combined into a dizzying cocktail that left us all feeling, well, a little high.
Distribution: Proud Source Carves Path to NYC With Dora’s
Roughly a year after being acquired by SOURCE Global, aluminum packaged spring water brand Proud Source is hoping a new distribution pact with New York powerhouse Dora’s Naturals will get its increasingly national business flowing at the start of 2025.
Coke & Pepsi Embrace Prebiotic Pops; What Could Go Wrong?
The launch of another prebiotic soda isn’t such big news these days. But when Coca-Cola and Pepsi decide to weigh in – and do not (as has been much rumored) open up their checkbooks to do so – it’s kind of a big deal. We’re still awaiting further details on these, but in the meantime, we’ve got some thoughts.
Coca-Cola, Pepsi Preparing Prebiotic Soda Launches for 2025
The Coca-Cola Company and PepsiCo are each preparing to enter the explosive prebiotic soda category next year, BevNET has learned.
Seth Rogen Brings Houseplant THC Seltzers to U.S.
Houseplant, the Los Angeles-based cannabis and lifestyle brand co-founded by actor and producer Seth Rogen, is moving into beverages with the U.S. launch of a four-SKU line of hemp-derived THC-infused flavored sparkling waters, available now in select markets and online.
Better Booch Maker Sees ‘Future’ in More Manufacturing
Under the auspices of a new business division, called FutureBev, Future Beverage Group has acquired a 100,000 square foot facility in Ventura, Calif. in which it plans to manufacture its canned products as well as co-pack for others when it goes online in January.