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Keurig Dr Pepper to Acquire Drink Maker Core for $525 Million Keurig Dr Pepper Inc. agreed to buy Core Nutrition LLC, a maker of bottled waters and other drinks, for $525 million -- another sign that beverage companies are looking beyond sugary soft drinks. [...]
Thai Energy Drink Maker Prices $463 Million IPO at Top Osotspa Pcl and current shareholders raised 15.1 billion baht ($463 million) after pricing the Thai energy drink maker's initial public offering at the top of a marketed range, people with knowledge of the matter said. The company and some existing [...]
Bang Energy Maker Targeted in Patent Suit The proprietary status of a key ingredient in fitness energy drink Bang is the subject of a legal battle between the drink's parent company Vital Pharmaceuticals and supplement maker ThermoLife. According to a press release issued on Oct. 3, ThermoLife [...]
Coca-Cola Dipping Into the Cannabis Infused Drink Market Long gone are the controversial days of Coca-Cola infusing cocaine into its popular product, now they've turned their attention to cannabis. The dominant soft drink maker may have the chance to make cannabidiol (CBD), the non-psychoactive chemical [...]
Diet-soda maker Zevia is open to selling a stake but will not consider an outright sale of the company, despite getting numerous buyout offers from beverage companies and private equity firms, its chief executive said. Zevia's stevia-sweetened colas and fruit-flavored drinks with zero calories are enjoying a surge in sales as consumers cut down on sugary sodas and turn to healthier options. Soda makers PepsiCo and Coca-Cola are cutting sugar in their drinks while investing in low-calorie and non-soda beverages to tackle falling soda sales and the threat of taxes on sugar-sweetened drinks. The two companies have snapped up several non-soda drink makers over the last few years and are on the prowl for more.
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is starting to stock IZZE Fusions and Lemon Lemon—two new beverage brands—in retail stores across the U. S. The new beverages are entering the market with formulas that contain fewer calories than traditional full-calorie sodas like the namesake... These so-called "next-generation beverages" are an important component of PepsiCo's Beverage preferences are tilting toward healthier categories like teas and flavored waters. IZZE Fusions and Lemon Lemon aim to address those concerns by containing fewer calories, less sugar, and no artificial sweeteners or flavors. IZZE is a brand that PepsiCo has owned for about a decade while Lemon Lemon is completely new. IZZE Fusions are a hybrid of sorts, with PepsiCo saying it is "sort of a soda, sort of juice and sort of sparkling water.
Brian Joffe’s South African investment firm Long4Life has agreed to buy Chill Beverages for at least R452 million ($33 million) in cash and shares, Long4Life said on Tuesday.Joffe, former chief executive of the conglomerate Bidvest, listed Long4Life in April and has since made a string of acquisitions, including sporting goods retailer Holdsport and beauty chain Sorbet.Chill, whose brands include energy drink Score and tonic Fitch & Leedes, has a manufacturing plant in Stellenbosch,...
Shares in a drink manufacturer surged by nearly 300 percent in trading Thursday after the company announced it was pivoting into blockchain development.The Long Island Iced Tea Corp., a Hicksville, New York-based drinks maker founded in 2011, pitched its decision to enter the blockchain business as taking advantage of “a once-in-a-generation opportunity” that is part of their commitment to “enhancing shareholder value.” As part of the pivot, the company also changed its name...
The startup behind the healthy protein drink Iconic has landed $8 million to fund its expansion, though it will now do so as a West Coast company. The company has relocated from New Orleans to Santa Monica, Calif. to be closer to the booming market for healthy food and drink in Southern California.Billy Bosch, a Baton Rouge native who founded Be Well Nutrition and helmed development of the Iconic formula, said the startup will always have deep New Orleans roots. He said the...
Die 13. FINEST SPIRITS blickt zurück auf ein rundum gelungenes Festivalwochenende. Mehr als 9.000 Besucher trafen am Wochenende vom 26. bis 28. Januar 2018 in den Hallen des MVG-Museums auf rund 100 Aussteller. Egal ob Whisky-Kenner oder Greenhorn, Genussmensch oder Einkäufer, Barkeeper oder Hobby-Sommelier, sie alle feierten die Welt der Spirituosen!„Ich bin jedes Jahr aufs Neue begeistert, dass so viele Menschen die Leidenschaft für hochwertige Spirituosen mit uns teilen....