News

New Age Expands Partnership With Nestle S.A. to Relaunch Nestea Powdered Tea

New Age Beverages Corporation, the Colorado-based organic and natural products company, has announced the expansion of their partnership with Nestle, including the broadening of their license agreement on NESTEA to now include all products under the brand, including NESTEA Powdered Tea products in the United States.

Kickback Launches Three New Hemp CBD Lemonades

Kickback released its newest line of low calorie, low sugar Hemp CBD lemonades. The fun new drink line features three mouthwatering flavors, including Lemony Lemon, Strawberry Sunshine, and Mellow Mango.

M13 Closes “Founder-Focused” Second Fund

After investing close to $100 million over the past few years, the Reum brothers aren’t going to have to look for partners on an investment-by-investment bases anymore. Their investment firm, M13, has raised $175 million for a second fund, this time with capital committed from a pool of limited partners.

Danone Deepens Plant-Based Dairy Holdings With Forager Project Investment

Plant-based food and beverage brand Forager Project announced this week that it has received a minority investment from Danone Manifesto Ventures. Terms of the deal were not disclosed. Speaking to BevNET today, Forager Project founder and CEO Stephen Williamson said the company had to-date been mainly self-funded with some outside investment by individuals.

Press Clips: Nestlé Announces Plans to Refresh Bottled Water Business

Nestlé has announced plans to refresh its bottled water division due to increasing competition and high costs, according to the Wall Street Journal. The reorganization would see Nestlé, which owns bottled water brands including Poland Spring, S. Pellegrino, Pure Life and Perrier, shift from a globally to a locally managed business.

POM Wonderful Launches New Marketing Campaign

POM Wonderful, the largest grower and producer of fresh pomegranates and pomegranate juice in the U.S., is launching a brand new marketing campaign to champion the health benefits of antioxidants and continue to establish POM Wonderful 100% Pomegranate Juice as the Antioxidant Superpower.

The Plug Launches Anti-Hangover Supplement

Emerging beverage brand, The Plug, has announced the launch of its science backed anti-hangover drink. The Plug differentiates itself from market competitors in its all-natural proprietary formula with zero added sugar and an exceptional flavor profile – all at only 40 calories.

Reed’s Inc. and Full Sail Brewing Partner to Launch Reed’s Ready-to-Drink Craft Ginger Mules

Reed’s Inc., owner of the nation’s leading portfolio of handcrafted, all-natural beverages and Full Sail Brewing Co. (“Full Sail”), Oregon’s award-winning craft brewer, has announced entry into agreements for the development, marketing and distribution of ready-to-drink Reed’s Craft Ginger Mules, which come in two flavors: Classic and Zero Sugar.

Nielsen: Majors Post Modest All-Channel Gains in September

PepsiCo, The Coca-Cola Company, Keurig Dr Pepper (KDP) and Monster Energy Company all posted sales gains of at least 2%, even as overall non-alcoholic beverage and snack sales ebbed slightly, according to a Wells Fargo Securities analysis of Nielsen data.

Hydrant Launches Hydrant + Caffeine

Hydrant, the most effective electrolyte hydration product on the market, launched a new caffeinated Rapid Hydration Mix, Hydrant + Caffeine, containing 100mg of caffeine—as much as one cup of coffee— and 200mg of L-Theanine to lighten the highs and lows of caffeine into calm, focused, and continual energy.

Rowdy Mermaid Expands to New Facility

Colorado-based kombucha brand Rowdy Mermaid announced this week it has relocated to a larger Boulder headquarters to increase production, improve distribution efficiency and expand its team. According to the brand, the new 29,000 square foot facility will allow it to increase its current production output by 20 times.