CideRoad founder and CEO Kevin Duffy hopes that the company’s latest innovation, Spritzel, will help bolster consumer awareness of switchel, an apple cider vinegar-based beverage, as “America’s original soft drink.”
Over the course of the 2017 Summer Fancy Food Show, a three-day specialty foods convention held at the Jacob Javits Center in New York City from June 25-27, we encountered a broad array of new products, design revamps and line extensions, all of which are included in this photo gallery.
At first, suppliers weren’t sure what to make of the deal, with numerous food and beverage companies reserving their comments. Now, after more than a week’s reflection, many have told BevNET and sister site Project NOSH they are excited about the potential sales opportunities the partnership could provide, expressing enthusiasm for how it will maintain or even enhance Whole Foods’ reputation as a launching pad for small brands.
In short, the life of Todd Carmichael can be defined by his zealous thirst for adventure and his unbridled passion for coffee. Brevity, however, doesn’t quite capture the scope of Carmichael’s incredible journey as the co-founder and CEO of super-premium coffee company La Colombe.
In a call with BevNET, Uncle Matt’s CEO Matt McLean said that while there were a variety of potential options for both new investment and acquisition of the company, “we fell in love the Dean Foods team and what they could offer."
In this edition of People Moves: Mathis Martines joins branding firm Concentric; Runa hires former Whole Foods executive to top sales post; Nutpods taps Mark Nunn as VP of sales; Maker of Wild Tonic Kombucha names Steven Siegel as CEO; Ryan Lake joins OMAC Beverage Advisors as managing director.
BevNET has learned that Bai Brands founder and CEO Ben Weiss has left the company. Although sources close to the company confirmed to BevNET that Weiss has departed, it’s unclear at this time whether he was dismissed by Dr Pepper Snapple Group (DPSG), which acquired Bai in February, or if he resigned.
Three days prior to the blockbuster announcement that Amazon would acquire Whole Foods for $13.7 billion, Matt Jimenez, the senior category leader for Whole Foods’ global grocery team took the stage at BevNET Live Summer 2017 and discussed recent changes to the company’s grocery management structure and buying processes.
In a deal that’s shaking the shopping experience for consumers, retailers, and food and beverage companies, Amazon’s scooping up of Whole Foods for $13.7 billion on Friday has hardened talk of large-scale disruption in the way consumers buy their groceries.
This edition of the Taste Radio podcast features an interview with KeVita co-founder and former CEO Bill Moses, who discussed the key elements of his investment philosophy and his work with upstart brands.
Included in our first episode as Taste Radio is a conversation with Jordan Gaspar and Lauren Jupiter, the founders of venture capital fund AccelFoods, which invests in early-stage and innovative food and beverage companies. Gaspar and Jupiter discussed the evolution of AccelFoods’ investment and business strategy and shared their take on nascent trends in food and beverage.
Over his three decades as an executive and consultant in the natural products industry, Bob Burke has been recognized as one of the foremost experts in the space. He recently joined us for a wide-ranging conversation about the evolution of the industry and its transformative impact on the grocery business, his thoughts on the keys to success for startups and how he defines truly innovative ideas.
Reuters has reported that PepsiCo is in talks to acquire All Market Inc, the maker of leading coconut water brand Vita Coco. PepsiCo is offering less than the $1 billion that All Market has sought for the acquisition, according to Reuters, which cited sources familiar with the potential deal.
In this episode, we sat down with Mark Mahoney, the co-founder of premium cocktail mixer brand Powell & Mahoney, who discussed his background as a beverage entrepreneur and the rapid development of the mixer space. We also examined recent investment deals in food and beverage, including a funding round for snack brand Hippeas, one that included Leonardo DiCaprio.