Sarah Frey, “America’s Pumpkin Queen,” will draw on her career building one of the country’s best known agricultural brands to share stories, strategies, and tactics for entrepreneurial success when she joins the lineup of speakers at BevNET Live.
Toronto-based canning company Wildpack announced today it has acquired Michigan-based Land and Sea Packaging for $26.1 million, as well as common shares of Wildpack with an aggregate value of about $11.2 million.
XED Beverages has partnered with supermodel Jordan Barrett for the launch of its new ready-to-drink cocktail line, HAPĒ SAKE SPRITZ.
![Coke Acquires BodyArmor for $5.6B [Updated]](https://dg6qn11ynnp6a.cloudfront.net/wp-content/uploads/2018/08/14121335/CocaCola_Bodyarmor_970-150x150.jpg)
The Coca-Cola Company announced today that it has acquired full control of sports drink maker BodyArmor for $5.6 billion, its largest acquisition to date. The beverage giant is exercising its option to purchase BodyAmor in full at a pre-existing discount, as included in a 2018 deal that gave Coke U.S. distribution rights to BodyArmor and a 15% stake in the brand.
In this courtroom roundup: PFAS Regulation ramp up and experts urge manufacturers to look at their supply chain, India Globalization Capital reaches settlement in investors lawsuit and Judge dismisses class action against Arrowhead Mountain water.
With January resets coming up quick, this week saw the announcement of several new products set to hit shelves at the start of the new year. Here’s a quick look at this week’s notable new launches and release announcements.
Buoyed by strong third quarter earnings results this week, Keurig Dr Pepper (KDP) has raised its 2021 net sales growth guidance from 7% to 8% for the year as the company benefits from increased consumer mobility and approaches the end of its three-year post-merger period.
The Coca-Cola Company is in the closing stages of completing its acquisition of sports drink brand BodyArmor at a valuation of around $8 billion, according to media reports.
Following Hattersley’s narrative for the company’s Q3, an analyst asked him to define what success now means for the company in the U.S. Hattersley replied that “the quality of our revenue and changing the shape of our portfolio is what is important to us now.”
The Coca-Cola Company reported “strong” double-digit revenue growth in its third quarter earnings results this week, leading to higher year-end projections as volume sales surpassed 2019 levels amid an “asynchronous” pandemic recovery.
In this week's distribution roundup: Zen Hemp Infusions expands through PFG; KeHE signs new contract with Erewhon; Alkaline88 partners with Ohi and GNC and Woke Up! Energy signs on with Mr. Checkout Distribution.
Taika, makers of RTD functional plant-based coffees, recently announced the launch of two new flavors: Matcha Latte, a permanent addition to the flavor lineup, and a Pumpkin Spice Latte that is their first limited time offering.
BevNET Live will explore two beverage giants’ changing approach to innovation and partnership with entrepreneurial brands when leaders of both The Coca-Cola Co., Inc. and Anheuser-Busch InBev join in the program.
Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. This week's special co-host is Adam Louras, a partner with Mercenary, who will share his thoughts, questions and feedback with the participants.
