Lifeway Foods spent little time weighing a second acquisition offer from Danone North America, and the answer is still “no.” The kefir producer officially rejected Danone’s proposal this morning, which included acquiring all remaining Lifeway shares for $27 per share – around $307 million total.
Agua fresca maker Bawi has raised a $3.5 million seed round led by a $1.5 million infusion from Brand Foundry as the Austin-based brand scales operations for a distribution push in 2025.
BellRing Brands finished its 2024 fiscal year on a high, with strong volume growth for its Premier Protein brand driving net sales to the high end of expectations in its Q4 and full year earnings report..
This is the last week to submit your nominations for BevNET's 2024 Spirits Awards. Nominations close this Friday, November 22.
If you’re looking for Guy Fieri and Sammy Hagar's Santo Tequila, you might be out of luck thanks to an Oceans 13-level heist that disappeared two truckloads of tequila last week.
Luke Boase, the founder of Lucky Saint, a fast-growing brand of non-alcoholic beer from the U.K., talks about why the brand’s potential for an iconic future has always been top of mind. He also explains how the company incorporates consumer insights and data into its retail pitches and how he thinks about competing with beer companies owned by or aligned with large strategics.
Nestlé is creating a new business to house its bottled water and premium beverage brands, as the Swiss conglomerate seeks to recalibrate its portfolio in the wake of anemic growth.
“Moms don't discover brands on-premise.” Created by three women in 2019, flavored tequila 21Seeds found a niche in a crowded category by catering to an underserved demographic and to the at-home drinking occasion – fortuitously right before the COVID-19 lockdowns.
The nominees for BevNET’s “Best of 2024” Awards, presented by Zuckerman Honickman, showcase the diversity and profound talent within the beverage industry.
This weekend, Union Kitchen opened up the kitchen doors and invited in hundreds of attendees while offering a chance to chat with, sample and shop nearly 150 brands during its Meet the Makers event. Here’s some highlights from what we saw.
It’s time to reveal the finalists for BevNET’s Cocktail Showdown, our business pitch competition for RTD cocktail brands taking place during BevNET Live Winter 2024 in Marina del Rey, CA.
It’s time to reveal the semifinalists for BevNET’s signature pitch competition, the New Beverage Showdown, taking place at BevNET Live in Marina del Rey December 8-10.
A spirits group aiming to fill the need for "consciously produced beverages” has launched with a $4 million seed round and the acquisition of a historic Texas distillery.
Innovative protein brands and proactive meetings. The hosts advocate for both in this episode, which also features an interview with Trey Zoeller, the founder of pioneering whiskey maker Jefferson’s Bourbon, a brand recognized by and awarded for its Ocean Aged At Sea expression, a whiskey matured on ships that travel around the world.
