Headlines

BlueTriton Acquires Saratoga Spring Water Co. To Go “National, Upscale”

BlueTriton Brands, Inc., the company formed to purchase the Nestlé Waters North America (NWNA) portfolio of domestic brands, is growing its roster of natural spring waters with the acquisition of Saratoga Spring Water Company (SSWC). Financial terms of the deal were not released.

Evy Tea Rebrands, Pivots to Cans

Boston-based Evy Tea is introducing a new identity for its ready-to-drink cold brew teas, changing the brand name to simply “Evy” and rolling out new packaging with updated label designs in 12 oz. aluminum cans.

Stewart’s Enterprises Names Tony Gaines as CEO

Beverage maker Stewart’s Enterprise Inc. (SEI) announced late last week that it has named industry veteran Tony Gaines as the company’s new CEO. In his new role, Gaines will help the craft soda maker increase momentum behind its alcoholic beverage brands, including its recently launched Stewart's Spiked Seltzers and the upcoming launch of a RTD Hard Rock-branded hard seltzer line.

Taste Radio: Core Values Create Category Leaders. Just Ask Vive Organic.

J.R. Simich, co-founder of leading wellness shot brand Vive Organic, spoke about why the company’s consistent focus has been critical to its development, how staying on message helped land a long-term partnership with Whole Foods, the impact of its creative and efficient trade show strategy and why aligning with founders of like-minded brands has benefited Vive’s ability to land new distribution and retail placement.

Banana Wave Acquired by Investment Issuer Eat Beyond

Canadian investment issuer Eat Beyond Global Holdings Inc. announced today that it has signed a letter of intent to purchase Florida-based plant-milk brand Banana Wave, marking its first acquisition. According to the terms of the deal, Eat Beyond will acquire all outstanding share capital of Mylk Brands Inc., a British Columbia-based corporation which owns Banana Wave producer Fresh Start Beverage Company.

Non-Profit Naturally Network Launches New Chapter in Los Angeles

Collaborative community organization Naturally Los Angeles formally launched last week with the goal of increasing access to education, resources and capital for natural product companies based in Los Angeles in order to promote sustainable business practices and conscious growth.

Bloomberg: Constellation Brands and Monster Discuss Deal

The lines between alcoholic and non-alcoholic beverages continue to blur. Bloomberg broke the news Sunday evening that Constellation Brands and energy drink maker Monster Beverage Corp. are considering a deal.

Kara Goldin Replaced as CEO Amid Exec Shakeup at Hint

Hint, Inc. CEO Kara Goldin and COO Theo Goldin have been removed from their c-suite roles at the flavored water brand, according to sources close to the company. Hint’s board of directors made the decision this week to reassign the Goldins, who founded the brand in 2005, to unspecified new roles at the company.

High Society: Ex-AB Veterans Debut Cannabis Seltzer in St. Louis

After spending nearly a combined 50 years working at beer giant Anheuser-Busch (AB) at its headquarters in St. Louis, Doug Mars and Corey Christanell are hoping to emerge as an early player in Missouri’s nascent cannabis beverage market with the launch of Society.

In the Courtroom: Big Beverage Inc. and Happy Hour Drinks Take on Happi Co.

In this courtroom roundup: alcoholic beverage brand Happy Hour Drinks filed a suit against cannabis drink maker Happi Co. for trademark infringement, Nestlé and Danone settled trade dress lawsuit over coffee creamers and the founder of a tequila startup pled guilty to securities fraud scheme.

Beak & Skiff Looks to Establish CBD Line with Wegmans Launch

Best known in its home state, Lafayette, New York-based Beak & Skiff Apple Farms has been making and selling apple-based products for over 110 years. Now, as the U.S. hemp industry opens up and expands, the family-owned company is turning to the once prohibited cash crop as a major new avenue for growth.

People Moves: Health-Ade’s Justin Trout Exits, David Yarmoff Named COO

Health-Ade Kombucha co-founder and longtime COO Justin Trout has left the company. The California-based kombucha brand announced his departure this week as newly appointed COO David Yarmoff slides into the role; Also, Swedish plant-based milk maker Sproud named Sara Berger as its new Global CEO this week.

BevNET Best of 2021 Award Nominees

For just the second time ever, BevNET accepted nominations for the awards, resulting in 376 nominations spanning a wide field of brands, products, people and campaigns that reflect the diversity and rich tapestry of our industry.