Headlines

BevNET’s 2016 NACS Show Planner Now Available for Download

The 2016 National Association of Convenience Stores (NACS) annual show begins next week. Held at the Georgia World Congress Center the event is a key show for the beverage industry. This year’s show features over 110 beverage companies and for attendees, we’ve compiled a handy list help you navigate the show.

Mansi Joins AccelFoods Portfolio

Last week food and beverage accelerator and investor AccelFoods announced the addition of six brands to its portfolio, including calamansi juice brand Mansi. Calamansi is a high-intensity citrus fruit that is used extensively in the Philippines, and Mansi’s single SKU blend is the company’s version of a “Filipino lemonade.”

BevNET Podcast Ep. 29: Why ACG, An Early Investor In Suja, Doesn’t “Make Bets”

Trevor Nelson, the co-founder and managing partner of private equity firm Alliance Consumer Growth shares some details about the firm’s approach to evaluating investment opportunities. In particular, Nelson explains why ACG, which closed on a new $210 million fund in February, doesn’t “make bets” when it comes to funding decisions.

CSPI Sues PepsiCo Over Marketing of Naked Juice

CSPI faults PepsiCo with misrepresenting some Naked products, including the brand’s “Kale Blazer,” by claiming that they "predominantly consist of high-value ingredients," but in actuality are mostly comprised of orange and apple juice.

Snap Kitchen Partners with La Colombe on Co-Branded Bottled Coffee

Snap Kitchen, a fast-growing retail chain that sells healthy grab-and-go meals, snacks and beverages, has partnered with super-premium coffee company La Colombe to launch a co-branded line of bottled coffees. Snap Kitchen operates 49 locations in Austin, Dallas, Houston, Chicago and Philadelphia and the new products, both made with La Colombe’s “cold-pressed” coffee, are sold in all of its stores.

BevNET Podcast Ep. 27: The Next Investment Target for General Mills’ 301 Inc. Unit Is…

BevNET's podcast team recently sat down with John Haugen, the vice president and general manager of General Mills’ 301 Inc. incubation unit. In this edition of the podcast, Haugen discusses how 301 evaluates opportunities for investment in emerging trends and early-stage companies and why finding “natural ways for food to work harder” is an important consideration in the unit's investment strategy.

Reuters: Bai Exploring Potential $2 Billion Sale

The story, which cites unnamed sources familiar with the situation, states that Bai has hired JP Morgan Chase & Co. to conduct an auction and contact potential buyers.

Expo East 2016 Video: Cham Sees Big Potential for Cold Brewed Tea

At Natural Products Expo East 2016, BevNET spoke with Cham co-founder Niko Nikolaou who discussed the company’s approach to aligning awareness for cold brew coffee with tea, how Cham is educating consumers about health benefits derived from cold brewing tea and why high pressure processing is of critical importance to the brand.