Reuters: PepsiCo in Talks to Acquire Vita Coco

Reuters has reported that PepsiCo is in talks to acquire All Market Inc, the maker of leading coconut water brand Vita Coco. PepsiCo is offering less than the $1 billion that All Market has sought for the acquisition, according to Reuters, which cited sources familiar with the potential deal.

Review: Cide Road Goes Sparkling with “Spritzel”

Switchel, which is, at least in the case of Cide Road, a beverage that features water, vinegar, and maple syrup, is something that has in recent years gained attention as an up and coming beverage category. However, it has yet to crack the mainstream. With Spritzel, Cide Road is clearly hoping to change that.

BevNET Podcast Ep. 59: Margaritas, Mezcal and Money

In this episode, we sat down with Mark Mahoney, the co-founder of premium cocktail mixer brand Powell & Mahoney, who discussed his background as a beverage entrepreneur and the rapid development of the mixer space. We also examined recent investment deals in food and beverage, including a funding round for snack brand Hippeas, one that included Leonardo DiCaprio.

American Academy of Pediatrics Revises Kids Juice Recommendations

The Academy's new policy statement recommends that 100 percent fruit juice should not be provided to children younger than 1 year of age, with the exception of cases in which there is a strong clinical basis for use in the management of constipation

Review: Preston’s Ginger Beer

Made in San Diego, Calif. in small batches, Preston’s Ginger Beer is one of the best-tasting ginger beers that we’ve sampled in a while. The recipe, which is based on a 100-year-old South African recipe that was handed down from the founder’s grandmother, is potent, but balanced.

Coca-Cola Continues Refranchising Effort In Tri-State Area

The Coca-Cola Company today announced that Liberty Coca-Cola Beverages LLC, a new joint venture between veteran Coca-Cola Refreshments executives Paul Mulligan and Fran McGorry, has signed a letter of intent for bottling and distribution operations in metro New York and Philadelphia, as well as most of New Jersey and a small portion of Connecticut.

Bulletproof Shows Off its Guns with $19M Series B

The round was led by CAVU Venture Partners, a well-known food and beverage investment firm which boasts alumni brands such as vitaminwater, Sweet Leaf Tea and Deep Eddy Vodka.

First Beverage Invests in Mezcal Brand, Gem&Bolt

First Beverage Ventures, the private equity arm of First Beverage Group, today announced an investment in mezcal brand Gem&Bolt, marking the first time that the firm has invested in a distilled spirits company.

Review: Keepers Citrus Coffee Soda

Made in Brooklyn, N.Y., Keepers Citrus Coffee Soda is a product that is attempting to deliver a flavor profile that’s brighter and more refreshing than a standard coffee.

Draft Latte Powers La Colombe to Big Start in 2017

La Colombe’s canned Draft Latte has been on the market for just over a year, but the innovative beverage is now the fastest growing RTD coffee in the U.S., according to the premium coffee manufacturer and retailer, which cited recent sales data from market research firm IRI.

Wells Fargo: Bai Outlook Optimistic Despite Lowered Expectations

Investors have sought more details about DPSG's revised growth plan for Bai and on whether its management team can deliver on high expectations. On Tuesday, a report from Wells Fargo Securities offered a clearer analysis of the acquisition, the guidance revision, and the future of Bai, presenting optimism along with some explanations

Ellie Goulding Joins CORE As Investor, Endorser

CORE Hydration has unveiled singer Ellie Goulding as its newest celebrity investor and the centerpiece for a new cross-platform marketing campaign this summer.

Beverage School: How Brands Are Building On Campus – Part 1 of 2

Two recently launched college-based beverage startups, Up Dog Kombucha and Sunniva Super Coffee, have leveraged university resources and their own insight into students’ shifting tastes and demands to create a viable route to market from their dorm room to store shelves.