The Townshend Group, the Portland, Ore.-based parent company of Brew Dr. Kombucha, Townshend’s Tea Company and Thomas & Sons Distillery, has sold a minority stake in the company to private equity firm Castanea Partners.

The Santa Monica, Calif.-based beverage incubator announced last week a strategic partnership with coffee maker KonaRed to give the brand the weight in the market it needs to grow in an increasingly-crowded category.

Savor California, an online showcase for gourmet food and beverage brands based in the Golden State, was once again represented at the annual Winter Fancy Food Show, In the following video, we spoke with beverage entrepreneurs affiliated with Savor California about why the state plays an important role for incubating emerging trends and concepts and how the organization supports their brands.

In an interview with BevNET, Wandering Bear co-founder Matt Bachmann declined to identify who led the round, citing an agreement not to publicly disclose the other party.

The specialty channel still aims to serve consumers looking for distinctive and innovative beverage products, but that category has had outsized growth -- which means its role within the channel’s commercial ecosystem is evolving.

Organic coconut beverage brand Harmless Harvest today announced it has raised $30 million in growth capital in an investment round led by Danone Manifesto Ventures, the venture arm of French multinational food and beverage corporation Danone.

In recent months, Big Red's long-term efforts to balance its portfolio with more better-for-you brands in on-trend categories has begun to produce tangible results.

Plant-based food and beverage brand Ripple Foods has received a new $65 million investment, the company’s largest fundraise to date.

Columbia Distributing, one of the largest beverage wholesalers in the U.S., will acquire Oregon City’s General Distributors for an undisclosed sum, according to the companies.

This morning Keurig Green Mountain, a subsidiary of JAB Holding Company, announced a $18.7 billion merger with Dr Pepper Snapple Group. The deal came with a payout for DPS shareholders of $103.75 per share.

The company announced last week that it will debut a new sparkling portfolio to extend its six regional spring water brands, which include Poland Spring, Deer Park, Zephyrhills, Ozarka, Ice Mountain and Arrowhead.