Under the settlement, International Flavors & Fragrances, Inc. (IFF) will make a one-time payment of $56,000,000 to ZoomEssence.
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, from supporting our mission to the potential synergies there are… with their DSD network nationwide.”
Traverse City restaurants Trattoria Stella and The Franklin of Off the Map Hospitality (OTMH) will add the exclusive barrel release of Valentine Distilling Co.’s Liberator Old Tom Gin to its spirits offerings in June.
PhURE Water, a Ph9.5 alkaline water, is available at Albertsons/Safeway out of the Boise division which carries the 1.5 L on the shelves.
With only 50 calories and 12 grams of sugar per 12 oz. serving, Watermelon DRY Sparkling tastefully captures the deliciously refreshing, lightly sweet flavor of this summer fruit.
The new flavors include Grapefruit Maple Water, a flavored version of DRINKmaple Organic Maple Water, and Tart Cherry Watermelon Water and Lime Watermelon Water, flavored versions of DRINKmelon Organic Watermelon Water.
The Oi Ocha Cold Brew utilizes an authentic Japanese cold brew process of ice steeping the tea leaves to extract a smooth, clean taste to allow the purity of the tea leaf to shine.
Baseball fans who want to enjoy wine in honor of their favorite pastime can now find bottles with MLB™ team logos on premium labels printed by Labeltronix.
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.
Jax Coco, a premium coconut water brand, expands its premium beverage offering with the launch of two flavors of sparkling coconut water – Raspberry and Ginger & Lemon.
BUBBL’R is an antioxidant sparkling water that comes with a benefit in every bubble.
BevNET hosted Mike Burgmaier, managing director at Whipstitch Capital, Nick Giannuzzi, managing partner at law firm The Giannuzzi Group, and Tim Spier, founder and managing partner at Boulder Food Group, for a panel discussion on the state of beverage investment last week at BevNET Live Summer 2017.
Over 20,000 CPG manufacturers, marketers and formulators will gather next week (June 25-28) at the Sands Expo Center in Las Vegas for IFT17, the annual show for Institute of Food Technologists (IFT).