Keurig Dr Pepper Announces CEO Transition Plan

Beverage maker Keurig Dr Pepper (KDP) announced a management transition plan that will see CFO Ozan Dokmecioglu take over as CEO from Bob Gamgort, who is set to move into the role of Executive Chairman for two years. The change will become effective July 29, 2022.

Tattersall Distilling Welcomes Two New Midwest Distributors

Award-winning craft distillery, Tattersall Distilling, announced today the addition of two new distributors in Michigan and Illinois – both with full state coverage. This will be the first time Tattersall enters Michigan and it will be a new partnership in Illinois. Two strongholds in the Midwest, these new agreements will continue to expand Tattersall’s footprint in the upper Midwest.

Reed’s: Company Sees Double-Digit Growth in 2021 Earnings, Operating Losses Rise

Reed’s, Inc. reported double digit growth in its full year 2021 earnings report last week, with net revenue up 19% to $49.6 million. However, the ginger beer producer faced steep operating losses as supply chain disruptions drove up costs. Gross profit for the year rose 7% to $13.6 million, with a gross margin of 27.4% compared to 30.7% the year before.

SunOpta Unveils New Headquarters, Seeks to Double Plant-Based Business

SunOpta (Nasdaq:STKL) (TSX:SOY), a U.S.-based, global pioneer fueling the future of sustainable, plant-based and fruit-based food and beverages, today unveiled its new 65,000 square-foot global headquarters and eco-powered innovation center in Eden Prairie, Minnesota. 

Westrock Coffee to Go Public, Agrees to SPAC Merger

Coffee wholesaler Westrock announced today it is merging with Riverview Acquisition, a special purpose acquisition company (SPAC), to go public in a transaction that values the combined company at just over $1 billion.

CoAqua Launches Nationwide in Sprouts Farmers Market

CoAqua Super Premium Coconut Water is now available in all Sprouts Farmers Market locations. Product delivery will be facilitated through CoAqua’s national partnership with KeHE Distributors. “When we brought CoAqua to the United States, Sprouts Farmers Market was a company we knew we wanted to work with”, said CoAqua Co-CEO Justin Bruckel. “Eighteen months later that goal has become a reality. It’s very humbling for CoAqua, and a great next step towards becoming a national leader in functional beverages.”

Ilegal Mezcal Pivots to 100% Recycled Bottles in Response to Global Glass Shortage

Ilegal Mezcal, the leading artisanal mezcal, is further committing to an eco-friendly foundation and future, announcing today that all bottles will be made with 100% recycled glass. The recent global glass shortage has impacted the spirits supply chain worldwide. Ilegal suddenly found themselves with no access to the bottles the brand had used for years. What could have thrown off production, however, ended up a silver lining for Ilegal, which took nimble action to identify and shift to a new partner. 

Grand Marnier & Maison Baccarat Debut Grande Cuvée Quintessence

Miami, Fla.–Paola Alberdi, Pritika Swarup, Christie Ferrari, Ximena Kavalekas, Polina Panopoulos, Anggie Bryan, Rachel Love, Monroe Steele, Ria Michelle and more celebrated the U.S. debut of Quintessence by Grand Marnier,…

Wildwonder Launches New Flavor: Strawberry Passion

Wildwonder, the brand that offers delicious ready-to-drink beverages that marry Asian herbal wisdom and gut-healing superfoods with a California fresh palate, proudly announces the newest flavor to its offerings: Strawberry Passion. 

Kerry Completes Acquisition of Branded Botanical Extract Company Natreon

Kerry, the world’s leading taste and nutrition company, has announced it has completed the acquisition of U.S.-based Natreon, Inc., a leading supplier of branded Ayurvedic botanical ingredients. Natreon supplies branded and scientifically studied and tested Ayurvedic extracts to the dietary supplement and functional food and beverage industries across the globe. The acquisition significantly expands Kerry’s leadership position and ProActive Health portfolio of science-backed branded ingredients, furthering the company’s technology growth. The branded ingredients in Natreon’s portfolio are protected by a wide range of U.S. and foreign patents and supported by a total of 52 clinical studies which support the efficacy of their health benefits.

Southern Glazer’s Wine & Spirits Expands Distribution Relationship with Phillips Distilling Company

Southern Glazer's Wine & Spirits (Southern Glazer's)—the world’s preeminent distributor of beverage alcohol—today announced that it is expanding its distribution agreement with Phillips Distilling Company, a pioneer in breakthrough flavors and spirits innovation in North America for more than 109 years. The Phillips Distilling Company portfolio includes Revel Stoke Whisky, UV Vodka, and Prairie Organic Spirits, as well as the recently acquired Leroux and Kamora brands.

Cann Launches New Limited-Edition Flavor With Comedic Actor Adam Devine

Cann, California’s leading cannabis-infused beverage company, today announced a new, limited-edition flavor, Blue Rhuberry, in partnership with celebrity investor and comedic actor, Adam Devine, and Eaze, the nation’s largest cannabis delivery marketplace. Featuring rhubarb, raspberry, blue butterfly pea tea and a microdose of THC, this limited-edition flavor comes in a 4-pack of hi boys  (5mg THC) and is available exclusively through Eaze in California. For the first time ever, Cann is launching this celebrity collaboration flavor in a “dry boy” Unspiked format nationwide, offering consumers the same delicious flavor of Cann - without the THC.