Dairy cooperative Dairy Farmers of America (DFA) announced last week that it had acquired New Jersey-based Cumberland Dairy, a family-owned producer of ultra-pasteurized food and beverage products, for an undisclosed sum.
Hawaiian coffee company KonaRed has closed a “significant capital raise” from venture capital fund Venice Brands, which will be directed towards supporting sales, marketing and distribution of the brand’s range of coffee products.
Last week, representatives from dairy alternative producers including MALK, Good Karma Foods, New Barn and Oatly traveled to Washington to argue against the Dairy Pride Act.
In order to distinguish themselves within the highly competitive food and beverage space, Seattle-based investment firm Cascadia Capital must identify the right opportunities -- and get to them before their rivals do.
Following a capital raise of $4 million, Protein2O is looking to grow the protein and enhanced water categories with a product that unites the best of both worlds.
Episode 82 features an interview with Soylent co-founder John Coogan. We also speak with Olivia Ku, an influential food and lifestyle blogger and the creator of LoveHealthOK. And in this week’s edition of Elevator Talk, we chat it up with Shayne Malone, the founder and CEO of Zavu.
Starbucks Corporation today announced an agreement to sell the TAZO tea brand to Unilever for $384 million, a move that will allow the Seattle-based coffee giant to focus on supporting its other premium tea brand, Teavana.
Nestlé USA today announced its acquisition of Chameleon Cold-Brew for an undisclosed sum, roping the Austin, Tex.-based brand into its widening coffee portfolio.
Hello Beverages recently partnered with InterContinental Beverage Capital (IBC), a New York-based middle market advisory group with a focus on CPG industries, to help shape and execute their ambitious plans for growth in the coming year.
Speaking with BevNET, founder and CEO Bart Smith discussed his vision for the company -- which is his first foray in the beverage industry -- and how HEYDAY is positioning itself as an affordable, tasty, and non-indulgent cold brew.
Today Humm Kombucha announced it had reached an agreement with the City of Roanoke, Va. for the construction of a new $10 million, 100,000 sq. ft. facility that will be the future home of the brand’s East Coast brewery.
At NACS 2017 in Chicago, BevNET editor-in-chief Jeffrey Klineman spoke to CEO Remmy Castillo about how the company’s growth strategy, discussing how Moonshine is building out its employee roster with industry veterans to strengthen the internal infrastructure and “put the right people in place” for success.
CircleUp is hitching its growth fund to Helio. The online fundraising platform today announced the launch of a $125 million venture capital fund that will incorporate the proprietary machine learning platform as a tool to help guide investment in early-stage consumer and retail companies.
Icelandic Water Holdings, the parent company of premium water brand Icelandic Glacial, has entered into a partnership with Golden West Food Group Inc. to collaborate on marketing, sales and distribution for the latter’s two beverage brands, Bowery Coffee Co. and the forthcoming KÖE Kombucha. The deal, which was finalized two weeks ago, is the first step in turning Icelandic Glacial into a multi-brand global beverage company, according to CEO Reza Mirza.
