Hormel Foods Acquires Muscle Milk Maker
Hormel Foods has agreed to purchase CytoSport Holdings Inc., the company that owns Muscle Milk, for approximately $450 million.
Headlines
Copas Cabanas
David Turconi, general manager of Guayaki's cafe, intends to take the concept of a yerba maté hub to a new set of locations.
BREAKING: Hormel Agrees to Buy Cytosport For $450 Million
Nine months after the company, which markets the well-known Muscle Milk brand, put itself on the auction block, Hormel Foods today announced that it has has agreed to acquire Cytosport.
Buzzfeed: Mamma Chia Debuts Clean Energy Line
White space is hard to come by in the energy category, but Mamma Chia has introduced a new line that CEO Janie Hoffman sees as filling a gap in the sub-segment often referred to as “clean energy.”
The Changing Faces of Protein, Energy
Ingredient suppliers packed the IFT show in New Orleans with energy and protein innovation.
Trendspotting at IFT
BevNET dug deep into this year’s Institute of Food Technologists (IFT) show and spotted trends — emerging and yet to surface alike.
Download BevNET’s 2014 Summer Fancy Food Show Planner
The 2014 Summer Fancy Food Show begins this Sunday in New York City, and the specialty foods event will feature nearly 75 beverage companies. As always, BevNET will be on hand to report on news and innovation from the show. For attendees, we’ve compiled a handy list help you navigate the floor.
Where Can I Find Potential Investors For My New Brand?
As one of the co-founders of Nantucket Nectars and a Managing Director at First Beverage Group, Tom First is well-versed in what it takes to launch and run a successful beverage company. In this video on BevNET Food and Beverage University, First draws on his expertise in financing new ventures to discuss where and how entrepreneurs can look to find investors for their brand.
The End of the NYC Soda Ban
The New York State Court of Appeals today rejected an effort to reinstate New York City’s plan to restrict the sale of sugary drinks, commonly referred to as “The Bloomberg Ban.”
Video: Live Soda CEO – We’re “The Gateway Kombucha”
Counter to prevailing beliefs about the beverage, kombucha doesn’t have to taste bad, says Live Soda Kombucha CEO Trevor Ross.
Press Clips: The Fizz and The Fury
As Keurig gets closer to launching its at-home cold beverage maker, Starbucks announced that it's getting fizzy, and Faygo is facing a lawsuit that might get the AARP in a tizzy.
Starbucks Doubles Down on Green Juice
Cold-pressed juice is growing fast, but sales of green varieties are “greatly outpacing” counterparts within the super-premium juice category, according to Starbucks.
LAST CHANCE: List in BevNET’s 2014 Natural Beverage Guide, Deadline is FRIDAY
Calling all natural beverage brands, suppliers, and service providers! Friday, June 27 is the deadline to list your products or company in BevNET's 2014 Natural Beverage Guide.
Video: Cold-Pressed in Texas, Daily Greens Expands Across the U.S.
Daily Greens founder Shauna Martin credits Texas as a key launching pad for the brand, with the Lone Star State offering new and fertile ground for a now-thriving cold-pressed juice category.