News

Coca-Cola Leads $15M Investment in Dirty Lemon Parent Co. Iris Nova

The Coca-Cola Company announced today it has taken a minority stake in Iris Nova, the parent company of functional beverage brand Dirty Lemon, leading a $15 million investment round that also included former baseball star Alex Rodriguez.

Novamex Acquires Tio Gazpacho

Novamex has acquired Tio Gazpacho for an undisclosed sum, the company announced today, more than a year after the Hispanic-focused beverage marketer first invested in the drinkable soup brand. Primarily an importer of Mexican brands such as Jarritos and Mineragua, Novamex said in the announcement that it is focusing on becoming a growth platform for natural and organic beverages, such as the organic certified Tio Gazpacho.

Peet’s Acquires Majority Stake in Revive Kombucha

Peet’s Coffee has taken a majority stake in California-based kombucha brand Revive, giving the growing company a single long-term partner with which to build upon its existing growth. Terms of the transaction were not disclosed.

Hawai’i Volcanic Water Opens Earth-Friendly Playground in Kauai

A wonderful new playground officially opening to the World today marks the realization of a vision conceived more than five years ago by husband and wife Hawai‘i Volcanic Water founders and long time Kauai residents, Jason and Channon Donovan.

BevNET Live Winter 2018 Video: Walmart As Your Launchpad

In this video from BevNET Live Winter 2018, Sarah Alderson, divisional merchandise manager of chilled packaged goods at Walmart, discusses how the retailer is embracing innovation and seeking to break its monolithic, low-priced reputation by opening the doors to startups and offering a powerful launchpad for maximizing a brand’s value.

InterContinental Beverage Capital Announces Merger With BevNology

InterContinental Beverage Capital, Inc. and BevNology announced today they plan to merge their business interests beginning in 2019.  The two companies have been working cooperatively since November of 2017 when IBC formed IBC Services in order to meet a broader range of its client needs.

Cannabis Forum Recap: Taking the First Steps

Mapping this new landscape of cannabis CPG and charting a path forward for the nascent industry was the focus of discussion at the first-ever Cannabis Forum for Food & Beverage, presented by BevNET and NOSH, on Dec. 1 in Santa Monica, Calif.

Taste Radio Ep. 142: Humm Kombucha CEO Jamie Danek On The Number One Thing Good Leaders Must Do

Danek spoke about how she grew into the role of CEO of Humm and the most important thing she learned along the way. She also explained why launching the brand during a recession actually worked, discussed the importance of Bend, Ore. to the company, and how relationships were key to its landmark deal with Target, one that made Humm just the second national kombucha brand.

Shamrock Farms Partners with the Phoenix Suns’ DeAndre Ayton

Shamrock Farms and its complete line of protein-packed milk beverages, Rockin' Protein, announced today that professional basketball player, DeAndre Ayton, the number one overall draft pick out of the University of Arizona, will join Team Rockin' and be featured in the brand's advertising, social media and public relations campaign.