News

Nielsen: Rising Prices Drive Accelerated Dollar Sales in Early February

Non-alcoholic beverages were feeling the love in the lead up to Valentine’s Day, as sales accelerated across almost all categories for the two-week period ending on February 12, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.

SNL Star Kenan Thompson Invests in HFactor

NEW YORK — HFactor (OTCMKTS: HWTR), the manufacturer and distributor of award-winning HFactor hydrogen infused water, today announced that Emmy award-winning actor and comedian Kenan Thompson has joined a growing…

KKR to Acquire Majority Stake in Refresco

New York-based investment firm KKR announced today it has entered an agreement to acquire a majority stake in Refresco Group B.V., one of the largest independent beverage contract manufacturers worldwide. Terms of the deal were not disclosed.

Taste Radio: Guided By This Simple Maxim, Joe Wagner Landed A $315M Payday. And There’s More To Come.

In this episode, we sat down with pioneering winemaker Joe Wagner, the founder of Copper Cane Wines & Provisions, who is best known for creating Meiomi, an industry-shifting brand that he sold in 2015 for $315 million. Wagner spoke about aligning his winemaking style with a “go with your palate” credo, how a potentially risky price reduction became a game changer for Meiomi and why he’s not affected by criticism from some within the wine industry.

Berkshire Mountain Distillers Releases Whiskies Featuring Long Trail, Two Roads, And Chatham Brewing In Craft Brewers Whiskey Project 2022 Release

In its final round of the Craft Brewers Whiskey Project, Berkshire Mountain Distillers (BMD) has released three new whiskies distilled from beer sourced from popular brewers Long Trail Brewing Company, Two Roads Brewing, and Chatham Brewing, available in the BMD tasting room and across the Northeast in March.

People Moves: PepsiCo Appoints Derek Lewis to Lead New Multicultural Business Unit

PepsiCo has named Derek Lewis, a 34-year veteran with the company, as the president of its new Multicultural Business and Equity Development Organization; Also, ROAR CEO Alex Galindez, who joined the hydration drink brand in 2020 as part of a turnaround effort, announced last week that she has left the company.

Sanzo Lands $10M Investment from CircleUp; Disney-Pixar LTO Arrives in March

On Monday, the company announced the closing of a $10 million Series A funding round led by CircleUp Growth Partners, and with participation from Convivialite Ventures, Semillero Partners, Gold House Ventures, Kaya Ventures, and former Coca-Cola Company chief growth officer Francisco Crespo.

ZCHT, Maker of SoPure Stevia, Announces New Name: HOWTIAN

Zhucheng Haotian Pharma Co., Ltd (ZCHT) – maker of SoPure, the world’s leading commercial brand of natural stevia, and also the world’s #1 manufacturer of inositol – has announced it will now be operating as HOWTIAN.