NÜTRL Founders Back Los Sundays Expansion
The founders who built NÜTRL into Canada's top vodka soda are putting that playbook to use again, this time with tequila.
Investment
Dive into the latest stories, interviews, and discussions relating to investment, funding, and mergers and acquisitions throughout the beverage industry. Explore what the financial future looks like for beverage entrepreneurs in terms of capital availability, deal terms, lending, and the strategic marketplace in order to help shape your planning strategy for the short and medium term.
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Featured Investment Content
BRĒZ Battles for Balance Amidst Swirling Regulatory, Financial Crosswinds
BRĒZ is trying to reposition itself for long-term growth and adjust its strategy to shifting regulatory demands after a challenging 2025.
DryWater Finds Everyday Hydration Niche, Expands To 41K Doors
DryWater is expecting to hit 41,000 doors by the end of 2026 as it targets a growing demand for clean-label, daily hydration powders.
Additional Content
Keurig Dr Pepper To Acquire GHOST, Expanding Energy Business
Keurig Dr Pepper has agreed terms to acquire energy drink and sports nutrition business GHOST, bringing one of the category’s fastest growing brands into its expanding energy portfolio.
‘It’s All About the Story’: Blue Stripes Seeks Next Growth Stage With New Capital
Blue Stripes, the brainchild of renowned chocolatier Oded Brenner, is aiming to generate brand awareness, drive sales and roll out new marketing efforts to support its whole cacao products with the support of a recent $20 million Series B funding round led by Zintinus.
Hershey-Backed Blue Stripes Raises $20 Million to Advance Its Technologies, Develop New Products
Blue Stripes, a purveyor of sustainable cacao fruit-based food and beverage products, announced today it has raised $20 million in a Series B funding round intended to help the brand advance its whole cacao process technologies, develop new products and expand distribution.
Keychain Unlocks New Opportunities With Hershey’s Investment
Manufacturing B2B platform Keychain recently added $2.5 million from The Hershey Company, bringing the technology company’s total investment to $20.5 million in under a year.
Betting On Breast Milk: Is Lactoferrin CPG’s Newest Functional Ingredient Obsession?
Bioactive protein lactoferrin used in supplements and infant formula is usually derived from cow’s milk but a number of precision fermentation companies are using innovative processes to create a less expensive and more sustainably sourced ingredient.
Palm Tree Crew Talks Cove Soda Investment: Brand ‘Checked Every Box’
Palm Tree Crew, which announced an investment in Cove Soda earlier this week, believes there’s ample opportunity to have “multiple winners” in the rising functional CSD category, CEO Michael Diaz told BevNET.
PepsiCo Acquiring Siete Foods for $1.2 Billion
PepsiCo, Inc. announced this morning it has entered into a definitive agreement to acquire Siete Foods for $1.2 billion. The transaction is expected to close in the first half of 2025, pending regulatory approval and customary closing conditions.
Palm Tree Crew Invests in Cove Soda
Lifestyle brand Palm Tree Crew is taking a deeper stake in the beverage business with a new investment into functional CSD maker Cove Soda, bringing along a slate of celebrity partners with them. Terms of the deal were not disclosed.
Lucky Energy Closes $11M Funding Round
Lucky Energy (formerly Lucky F*ck Energy) has closed an oversubscribed Series A netting $11.75 million in a round led by Brand Foundry with additional capital from Imaginary Ventures, Sapphire Sport and Sugar Capital.
G.O.A.T. Fuel Expands NFL Investor Roster with Kayvon Thibodeaux
Energy drink brand G.O.A.T. Fuel has drafted a new star investor with the addition of New York Giants outside linebacker Kayvon Thibodeaux, joining a roster of other NFL headliners now working with the brand co-founded by Hall of Fame receiver Jerry Rice.
Diageo Adds Ritual Zero Proof to Expanding Non-Alc Portfolio
Diageo has purchased leading non-alc spirit Ritual Zero Proof, the company announced today.
Betting On Texas Spirits, Patrón Founder Acquires Waterloo Gin
Billionaire spirits empresario John Paul DeJoria is expanding his portfolio announcing today the purchase of Waterloo Gin for an undisclosed sum.
![Danone Makes $283M Offer to Purchase Lifeway Foods [Updated]](https://dg6qn11ynnp6a.cloudfront.net/wp-content/uploads/2024/09/24142157/bevnet_danone_lifeway_thumbnail-150x150.jpg)
Danone Makes $283M Offer to Purchase Lifeway Foods [Updated]
Danone SA is making a move to acquire leading kefir manufacturer Lifeway Foods, offering $283 million, or $25 per share, for the publicly traded company, according to a Schedule 13D form filed yesterday with the U.S. Securities and Exchange Commission.
Perricone, Natalie’s Say Post-Merger Synergies Will Strengthen Both Brands
Can two legacy juice manufacturers become a major force in a stiff category? That’s the goal for California-based Perricone Farms after it announced this week it had acquired family-owned Natalie’s Orchid Island Juice Company for an undisclosed sum.