News

New Age Beverages Acquires Premier Micronutrient Corporation

The no-cash agreement brings 100 percent of the assets and interests of PMC, its portfolio of products, intellectual property, and the formulas for existing and planned healthy functional beverage products for the pharmacy, medical, sports and military, and other industries.

Lumi Juice to Move Headquarters to Pennsylvania, Puts HPP Machine On the Market

Cold-pressed juice brand Lumi Juice is moving its headquarters to the Philadelphia area as it seeks to reduce overhead costs and expand its distribution footprint. The company, recently signed a deal with Universal Pasteurization, a provider of cold storage and HPP services to food and beverage manufacturers, to lease a 6,000 sq. ft space within its Malvern, Penn. facility.

Inspired Brews Kombucha Feels The Love in Philly

Inside Inspired Brews’ 750 sq. ft. production space, located a few blocks west of the Delaware River in a neighborhood called Old City, customers can see that process happening before their eyes. Around eight to 10 varieties, made with local organic produce whenever possible, are produced at any given time and flavored in five-gallon glass barrels.

Owl’s Brew Lands $4M in Series A Round

Owl’s Brew, makers of tea-based cocktail mixers and a tea-and-beer Radler line, announced Thursday it has closed a $4 million series A funding round. The round included large investments from firms Cambridge Companies SPG and Anheuser-Busch InBev’s ZX Ventures.

Klarbrunn Sparkling Partners with ‘Girl Starter’ TV Show for Giveaway Promotion

Girl Starter and Klarbrunn Sparkling are teaming up for the Share Your Sparkle promotion, giving young entrepreneurs everywhere a chance to win $10,000 to boost their passion and kick off a career as a Girl Starter. Fans can enter the $10,000 giveaway by visiting Klarbrunn's Facebook, Instagram, and Twitter pages.

Nestea Takes ‘Less is More’ Revamp On Tour

After announcing earlier this year that the tea brand would be relaunched with new packaging and a cleaner formula, Nestle Waters North America is now taking the new Nestea to several U.S. cities with a touring “tiny home,” starting Wednesday in New York City’s Herald Square.

Brands See Flavor, Marketing Opportunities in Hybrid Drinks

As simple an idea as combining two existing beverages into one product might be, several brands are using the concept as a platform for exploring category-crossing innovations with a distinct appeal to millennial consumers.

True Drinks Announces Record First Quarter Revenues for AquaBall

True Drinks Holdings, Inc., makers of AquaBall Naturally Flavored Water, the healthiest children's beverage on the market with no sugar, preservatives, calories, or artificial flavors, today announces its financial results for the first quarter of 2017.

Nakasone at the Helm of Purity Organic as Minnick, Guard Depart

Organic beverage maker Purity Organic is looking to fill two key positions in its executive ranks following the recent departures of its president, Dave Minnick, and vice president of operations Andrew Guard. Bob Nakasone, a managing director with First Beverage Ventures, a stakeholder in Purity Organic, has taken the reins of the company on an interim basis.

Honey Finds Sweeter Spot With Beverages

In 2015, an internal volumetric study from the National Honey Board surveyed food and beverage companies and found non-alcoholic beverages have surpassed baking as the most popular category for honey.