News

BevNET Live Summer 2018 Day Two Recap: Exits, Acquisitions and Platforms

On the second day of BevNET Live Summer 2018, attendees heard from beverage and venture leaders at Nestlé and PepsiCo about how the conglomerates pick their brand investments, as well as topics such as how to prepare a brand for acquisition and building an optimal growth platform.

Simply Soupreme Claims Top Prize in New Beverage Showdown 15

The company took the crown from a group of five other innovative early stage beverage brands -- NITRO Beverage Co, Sip City, Cusa Tea, Drink Peloton and Element Shrub -- participating in the final round of the Showdown.

BevNET Live Summer 2018 Day One Recap

The journey from startup to major brand -- and the nebulous in-between -- was a line through many of the presentations and fireside chat interviews on stage during the 19th edition of BevNET Live.

Clearly Kombucha Acquired by Molson Coors

California-based Clearly Kombucha has been acquired by Molson Coors for an undisclosed fee, marking the multinational brewing company’s first purchase of a non-alcoholic beverage brand.

7-Eleven Launches Cold Brew Iced Coffee

Cold-brewed coffee is a hot commodity among millennial and Gen Z coffee-drinkers, and 7-Eleven is introducing its own version of the popular chilled drink.

Rooibee Red Tea Shuts Down

Rooibee Red Tea, a USDA Certified Organic rooibos tea beverage company, announces that it is has ceased operations as of today, June 4th, 2018.

Celsius Holdings Expands into Target

Celsius Holdings, Inc., maker of the leading global fitness lifestyle drink, CELSIUS, today announced impressive gains in new distribution including placement on the energy drink shelves in Target stores.

Chameleon Cold-Brew Unveils Cold-Brew Coffee with Milk Line

Chameleon Cold-Brew, a leading provider of premium-crafted coffee grown sustainably and sourced ethically, today announced the debut of its newest beverage line – Organic Chameleon Cold-Brew Coffee with Milk.

Trimino Raises $6 Million from Capital Infusion

Protein infused water maker Trimino Brands has raised $6 million in capital infusion, led by investment firm Vineyard Point Associates, LLC, the company announced this week.