Private equity firm Alliance Consumer Growth, which includes beverage maker Suja in its portfolio of investments, announced this week the close of its fourth fund at $350 million.
Role Tea drastically expanded its distribution earlier this month, True Nopal Expands Distribution in Texas, Sunshine Beverages Grows in the Carolinas and Petal Launches on Amazon.
The flavored water maker announced the grand opening of its first brick-and-mortar retail store this week, located at 2124 Union Street in the Cow Hollow/Marina district of San Francisco across from the company’s HQ.
Convenience stores enjoyed a robust 4.2 percent estimated increase in non-alcoholic beverage sales in Q2, according to a survey of approximately 25,000 c-store retailers conducted by Wells Fargo Securities.
Banza co-founder/CEO Brian Rudolph on why mentors, cold calling were key to his fast-growing brand. Measuring the impact of influencers and unconventional marketing strategy with MatchaBar co-founder/CEO Graham Fortgang. Meet the founders of Simply Soupreme, Jackie Greene & Taylor Rossi, who were victorious in BevNET Live’s New Beverage Showdown 15.
The New York-based matcha brand announced today the completion of an $8 million Series A round led by a slate of celebrity investors including DJ/producer Diplo (born Thomas Wesley Pentz), Denver Broncos linebacker Von Miller, actor Ansel Elgort and singer Billie Eilish.
The types of beverages being offered in fountain service is changing, and helping shift the way users interact with and think about their selections at the point-of-sale.
Premium water brand Essentia expands its in-house creative team through a pair of new hires, while BOS Brands brings on a new U.S. managing director ahead of a national launch.
Snack brand Beanfields announced today that Mark Rampolla, founder of coconut water brand Zico, has left his role as CEO of the company and former Califia Farms executive Arnulfo Ventura has stepped into the role.
During his presentation at BevNET Live Summer 2018 in June, Nick Giannuzzi, managing partner at The Giannuzzi Group, highlighted the need for brands to thoroughly prepare ahead of a potential exit or investment, even from an early stage.
In an effort to better understand the non-alcoholic beverage space, Craft Beer Alliance has ramped up its innovation efforts and has begun looking beyond beer for possible future growth opportunities.
Pillars,a Massachusetts-based startup which launched in 2016, is seeking to position itself as a healthier alternative to many of the other drinkable yogurts on the market, promoting call outs such including no added sugars, grass-fed cows, and both prebiotics and probiotics.
Speaking with BevNET from the 2018 Summer Fancy Food Show, Tio Gazpacho founder Austin Allan discussed how the brand is working to bring its products beyond natural and specialty retailers and make them more accessible to a wide array of consumers.
Premium bottled water brand Fiji will discontinue its distribution partnership with Keurig Dr Pepper, effective October 1, the company announced today. The brand will take control over much of its distribution and plans to build out a direct store delivery (DSD) network supported by its parent The Wonderful Company.