Fueling the Fire: CAVU Invests $8M in Kettle and Fire
Can bone broth be the next kombucha? Investment group CAVU Venture Partners thinks so. The fund announced today an $8 million series A investment in upstart bone broth brand, Kettle and Fire
Coke Acquires Moxie from New England Bottler
The Coca-Cola Company has purchased cult favorite soda brand Moxie from independent bottler Coca-Cola of Northern New England (CCNNE) for an undisclosed sum, the company announced today. The transaction is expected to close in the fourth quarter.
Review: RISE Brewing Company’s RTD Lattes Shine
We taste three new flavors from Rise Brewing Company: Mocha Latte, Oat Milk Latte, and Classic Latte, each of which is packaged in a 7 oz. slim can with a widget that allows the products to be shelf-stable but still have an authentic nitro experience.
Law & Policy: California Soda Tax Battle Continues
California bans new soda taxes for the next 12 years, while also moving to remove sugary drinks as the "default beverage" item at kids' menus at restaurants. Also, Red Bull wins a trademark lawsuit and Coca Cola Refreshments USA settles a bias complaint for $2.25 million.
Stay Fresh Foods Doubles Co-Packing Capacity
Connecticut-based high pressure processing (HPP) provider Stay Fresh Foods has doubled its annual co-packing capacity to more than 50 million bottles with the expansion of its facility in Pennsauken, New Jersey.
BevNET Live: Where the Beverage Community Meets
BevNET Live is the leading U.S. beverage industry conference. Top brands, investors, retailers, and experts are there to meet face-to-face, try new products and, together, map the road ahead. The industry will meet next at BevNET Live Winter 2018 in Santa Monica, Calif. this December 3 and 4.
WTRMLN WTR Launches Sports Line
WTRMLN WTR is cutting into the sports drink space with the launch of its WTRMLNSLCE, an enhanced watermelon water that includes electrolytes and only 2g of natural sugar without artificial sweeteners.
Elevator Talk: PathWater is Leading a Movement to Reduce Plastic Waste in the Water Category
PathWater, which sells bottled water in reusable aluminum containers, is on a mission to reduce plastic waste in the beverage business. PathWater co-founder & CEO Shadi Bakour describes his team as dedicated, relentless and passionate in their efforts to change the way people think about buying packaged water.
Review: Dirty Lemon +CBD
Functional beverage maker Dirty Lemon, which has operated a direct-to-consumer business model since the company's inception, recently announced the introduction of a new CBD-enhanced product offering.
Distribution Roundup: MALK Goes National With Whole Foods
Malk Organics is now available nationwide at Whole Foods, while Protein 2o makes a push into the South and KeHE lands a pair of new functional beverage brands.
Taste Radio Ep. 125: Shake Shack’s Secret to Success is Surprisingly Simple
Shake Shack COO Zach Koff explains how the restaurant chain’s surprisingly simple business philosophy led to stunning success; Zak Normandin, CEO, Dirty Lemon takes us on a deep dive inside its innovative detox-to-your-doorstep business model.
Nielsen: Beverage Sales Rise Across All Channels
Overall snack and non-alcoholic beverages sales were up 5 percent during a four-week period ending on August 11, according to a report on Nielsen all-channel data by Wells Fargo Securities.
Review: Cuvee Nitro Horchata Coffee
Austin, Tex. based Cuvee Coffee, one of the first companies to create Nitro cold brew in ready-to-drink form, has continued to push forward when it comes to launching creative and innovative offerings. This product, which is an horchata flavored coffee, continues that trend.
PepsiCo Acquires SodaStream For $3.2 Billion
PepsiCo this morning announced it has entered into a $3.2 billion agreement for the purchase of Israel-based SodaStream International Ltd., makers of tabletop machines that allow users to make carbonated water in reusable bottles.