Changes are afoot at The Coca-Cola Company’s Venturing and Emerging Brands (VEB) unit, with an internal memorandum detailing structural changes set to take effect in the new year, including staff reductions and a shifting of select brands into the broader Coke system.
The Coca-Cola Company today announced it has agreed to purchase a minority stake in BodyArmor, a move that will see the sports drink brand exit its distribution partnership with Keurig Dr Pepper (KDP) and enter Coke’s nationwide bottling system.
Bend, Ore.-based kombucha maker Humm has developed a new proprietary fermentation process that the company says prevents the liquid from reaching an alcohol by volume (ABV) of over 0.5 percent.
The company’s offering, which is packaged in 2 oz. plastic bottles, takes the form of three functional varieties: Energy with Coffeeberry & Reishi, Digestion with Turmeric & Probiotics, and Immunity with Ginger & Probiotics.
Private equity firm Alliance Consumer Growth, which includes beverage maker Suja in its portfolio of investments, announced this week the close of its fourth fund at $350 million.
Plant-based beverage brand Califia Farms announced this morning it has closed a $50 million round of financing led by Luxembourg-based investment bank Ambrosia Investments and including a slate of celebrities including Academy Award-winning actors Jared Leto and Leonardo DiCaprio.
As the sparkling water and protein drink categories both continue to expand, David Jenkins, a former Olympic sprinter and founder of protein products brand NEXT Nutrition, is looking to marry the two with his latest venture.
Jim Murphy will succeed Matthew Mitchell as Vice President, Strategy and Venturing, at The Coca-Cola Company’s Venturing and Emerging Brands (VEB) unit, the company announced in an email on Friday.
“Financing Your Consumer Products Company,” a packed, full day workshop will demystify the terms and process and provide insights and tips on how entrepreneurs can improve their odds of successfully obtaining financing.
Leadership moves at VEB focus on Hansens; Mike Fransz joins C2O marketing team; Revive Kombucha brings on KeVita vet to head sales.
Speaking with BevNET at Natural Products Expo West 2018 last week, Suja CEO and co-founder Jeff Church discussed the brand’s new products and its approach to innovation.
In the second part of Natural Product Expo West 2018 recap, we examine some of the news, new products and innovations in tea, energy drinks, soda, juice, drinking vinegars and waters.
In the first of our two-part recap of Natural Products Expo West 2018, we examine new innovations and products in the dairy, alt-dairy, coffee and kombucha categories.
Mitchell, the VP of Investments & Ventures at Coke’s Venturing & Emerging Brands (VEB) unit, is leaving his current role to head a newly formed division focusing on emerging brands based in Japan, according to a memo from VEB president Scott Uzzell.
