KKR to Acquire Majority Stake in Refresco

New York-based investment firm KKR announced today it has entered an agreement to acquire a majority stake in Refresco Group B.V., one of the largest independent beverage contract manufacturers worldwide. Terms of the deal were not disclosed.

Review: DRY Botanical Bitters & Soda

Launched in 2021, DRY Botanical Bitters & Soda is marketed as a zero-proof and zero sugar beverage that offers “the complexity and ritual of a craft cocktail without the alcohol.” It’s the third product line from DRY Soda and joins a handful of brands that are actively marketing bitters and soda products.

Taste Radio: Guided By This Simple Maxim, Joe Wagner Landed A $315M Payday. And There’s More To Come.

In this episode, we sat down with pioneering winemaker Joe Wagner, the founder of Copper Cane Wines & Provisions, who is best known for creating Meiomi, an industry-shifting brand that he sold in 2015 for $315 million. Wagner spoke about aligning his winemaking style with a “go with your palate” credo, how a potentially risky price reduction became a game changer for Meiomi and why he’s not affected by criticism from some within the wine industry.

Berkshire Mountain Distillers Releases Whiskies Featuring Long Trail, Two Roads, And Chatham Brewing In Craft Brewers Whiskey Project 2022 Release

In its final round of the Craft Brewers Whiskey Project, Berkshire Mountain Distillers (BMD) has released three new whiskies distilled from beer sourced from popular brewers Long Trail Brewing Company, Two Roads Brewing, and Chatham Brewing, available in the BMD tasting room and across the Northeast in March.

People Moves: PepsiCo Appoints Derek Lewis to Lead New Multicultural Business Unit

PepsiCo has named Derek Lewis, a 34-year veteran with the company, as the president of its new Multicultural Business and Equity Development Organization; Also, ROAR CEO Alex Galindez, who joined the hydration drink brand in 2020 as part of a turnaround effort, announced last week that she has left the company.

Sanzo Lands $10M Investment from CircleUp; Disney-Pixar LTO Arrives in March

On Monday, the company announced the closing of a $10 million Series A funding round led by CircleUp Growth Partners, and with participation from Convivialite Ventures, Semillero Partners, Gold House Ventures, Kaya Ventures, and former Coca-Cola Company chief growth officer Francisco Crespo.

ZCHT, Maker of SoPure Stevia, Announces New Name: HOWTIAN

Zhucheng Haotian Pharma Co., Ltd (ZCHT) – maker of SoPure, the world’s leading commercial brand of natural stevia, and also the world’s #1 manufacturer of inositol – has announced it will now be operating as HOWTIAN.

This Week’s New Products: Starlight, Star Fruit and “Loud” Drinks

From Coca-Cola Starlight to Lemon Perfect Kiwi Star Fruit, beverage makers debuted a variety of new products this week, including functional plant-based creamers from Silk, a new limited edition flavor from Brew Dr., and a new permanent addition to Red Bull’s flavored line. Meanwhile, cannabis beverage startup Drink Loud is debuting micro-sized THC drinks that pack a wallop, and LaCroix getting ready for spring with a new flavor.