News

Investment Firms Launch CPG SPAC

The CPG venture fund once known as Accel Foods has combined forces with two other firms to launch a publicly traded “blank check” company to target more consumer brands. Together with Scharf Brothers and Mistral Equity Partners, AF Acquisitions will initially offer 20 million shares at $10 each in an attempt to raise up to $200 million for its initial public offering.

EauLab Launches Fiber-Rich Enhanced Sparkling Water

Despite consumer interest in gut health in recent years, the astonishing fact remains that most adult diets are deficient in fiber. Dietary fiber is the portion of plant-derived food that…

Oatly To Enter Starbucks Nationwide

In a move that surely marks the end of oat milk’s time outside the mainstream, Swedish brand Oatly announced today that it will be added to the new spring menu at Starbucks Coffee locations nationwide starting tomorrow.

Open Book Extracts Appoints Four New Strategic Corporate Advisors

ROXBORO, N.C. – Open Book Extracts (OBX), a Roxboro, N.C.-based manufacturer, distributor, and formulator of the industry’s most innovative and high-quality cannabinoid ingredients and finished products has announced the appointment…

Old Elk Flexes Innovation Muscle with Sour Mash Reserve Release

Flexing their innovation muscle, this release is an extension of their core line-up, showcasing the award-winning mash bill that you know and love, but this time focusing on thirty-barrel batches to create the Sour Mash Reserve line.

Circle Beverage Expands Into Four New States

INDIANAPOLIS, Ind. – Circle’s better-for-you-beverages are now available throughout Michigan, Wisconsin, Missouri and Tennessee. This expansion is made possible with several distribution partners throughout the aforementioned states. These new markets…

Flow Names Former Nestlé Waters Head Patarnello as CEO

Alkaline spring water company Flow has named former Nestlé Waters head Maurizio Patarnello as CEO to oversee the brand’s global expansion. Patarnello joins Flow after more than 27 years with the Swiss conglomerate, most recently as CEO and chairman of Nestlé Waters where he oversaw brands including Nestlé Pure Life, Perrier, San Pellegrino, Poland Spring and Acqua Panna.

Gallery: February’s New Products

As seen here, February's new releases included line extensions in nearly every conceivable category, from sparkling water to energy to plant-based milks and creamers, plus rebrands, reformulations and more from the likes of Topo Chico, Simply, BODYARMOR, Intelligentsia Coffee and Harmless Harvest.

Cascade Spirits and GEM&BOLT Mezcal Enter New Partnership

Cascade Spirits, a spirits brand house based in the Pacific Northwest, and GEM&BOLT Mezcal, a premium artisanal mezcal uniquely distilled with damiana, are pleased to announce their new dynamic partnership. 

Taste Radio Insider Ep. 112: The ‘Bitchin’ Way To Build An Iconic Brand? Don’t Blend In.

Starr and L.A. Edwards, the co-founders of vegan dip brand Bitchin’ Sauce, spoke about how consumers respond to the brand’s quirky name and why they’ll never change the primary elements of its packaging, how they landed a deal with Costco early into the brand’s development and why they believe that owning a production facility has given them an advantage when working with retailers.

Monster: Q4 2020 Sales Beat Projections

Monster Energy continued to push the throttle in the accelerating energy category, reporting a 17.6% increase in net sales during Q4 2020.