Sunshine Beverages Grows with Teall Investment
Recent investment in the company from Teall Investments is fueling plans for expanding distribution in the near future. In June, Teall acquired a majority stake in Sunshine Beverages.
News
Target Acquires Shipt for $550 Million
The big box retailer announced today that it has agreed to acquire Shipt, Inc., a leading online same-day delivery platform, for $550 million in cash. Terms of the deal, which is expected to close before the end of the year, were not fully disclosed.
Town Branch Distillery Releases Gin
Town Branch Gin will be available for purchase at the Town Branch Distillery visitors center beginning on December 12, 2017, and will be moving into full distribution at the beginning of 2018.
4 Pure Launches Investment Campaign
4 Pure, a Maine producer of organic lemonades made from only four natural ingredients, is offering a time-sensitive opportunity for investment in the company.
MGP’s Atchison Distillery Achieves BRC’s Highest Audit Rating
MGP, a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that its Atchison, Kan., distillery has completed yet another excellent British Retail Consortium (BRC) audit, achieving a Grade AA with zero non-conformances.
Dictador Unveils ‘2 Masters’ Project with Wine & Spirits Producers
Award-winning Colombian rum producer, Dictador, is thrilled to announce exclusive partnerships with premier Cognac, Whisky, Champagne, Armagnac, Bordeaux and Sauternes houses worldwide for a pioneering rum project coined 2 Masters.
Frutarom Acquires AB-Fortis
Frutarom Industries Ltd. announces the acquisition, via one of its subsidiaries, of the AB-Fortis activities including a patent-protected micro-encapsulation technology that enables delivery of iron with increased biological absorption.
Taste Takeover: 5 Flavor Trends from BevNET Live
At last week’s BevNET Live in Santa Monica, California, flavor and extract companies predicted their taste trends of 2018. Here’s what they expect consumers to be craving most in the new year.
BevNET Live 2017: Analyzing Global Trends
From coconut water to kombucha, global trends can predict the next big category in the U.S. Observing the drinking habits of people around the world can reveal an early glimpse of what might be showing up in New York City bodegas and L.A. convenience stores in the near future.
People Moves: Soylent Founder Steps Down, Crowley Named CEO
Soylent founder and CEO Rob Rhinehart stepped down today, announcing in a blog post that it was time to “pass the reins” to a leader with more management and beverage industry experience. He will remain on the company’s board of directors as executive chairman and is the largest shareholder.
Good Karma To Launch New Shelf-Stable Flaxseed Milk Line
Plant-based milk and yogurt company Good Karma today announced the launch of a new line of enhanced flaxseed milks in three ready-to-drink (RTD) formats.
Ole Smoky Distillery, Yee Haw Brewing and Music City Roots to Open Entertainment Complex
Ole Smoky Distillery, the leading craft distiller of Moonshine and home of the world’s most visited distillery, announced today that they are expanding their East TN presence by joining forces with Yee Haw Brewing Company, one of Tennessee’s top craft breweries.
Humblemaker Coffee Partners with LA Distribution
Humblemaker Coffee Co. announces today their premium organic, ready-to-drink craft beverages will be stocked via LA Distribution throughout the Southland.
Soda Tax Update: Philly Tariff To Be Challenged
A few months after Chicago government officials voted to repeal the city’s soda tax, Philadelphia's version of the controversial tariff may be headed for a similar fate.