Acquisition brings in Juice Alive, JavAlive brands to portfolio
February 10, 2020
Lower-middle-market private equity firm Huron Capital announced that its platform company Ronnoco Beverage Solutions, a manufacturer and distributor of premium quality coffee, tea and related products, has acquired Trident Beverage, a provider of high-quality beverages and dispensing products for a variety of foodservice establishments.
10 startups will receive $20K in grant funding, 6-month mentorship program
February 6, 2020
PepsiCo, Purchase, N.Y., announced the 10 emerging food and beverage brands that will join its second annual North America Greenhouse program. Each of the participating startups will receive $20,000 in grant funding and participate in a six-month business program designed to accelerate their growth through personalized mentorship.
Company achieved value share gains in sparkling, non-sparkling offerings
January 31, 2020
The Coca-Cola Co., Atlanta, reported another quarter of strong growth, along with achieving or exceeding all guidance for the full year 2019. The company continued to execute its growth strategy, allowing it to deliver strong revenue and profit growth for the quarter and full year while gaining value share globally, it says.
Beef snack brand Jack Links has moved into the cocktail mix category with a new line of Bloody Mary mixes, launching with four flavors ranging from mild to sweet & hot.
Juice brand adds Pure Tart Cherry, Pure White Grapefruit and Pure Concord Grape
December 9, 2019
Boston-based Ocean Spray Cranberries Inc., the agricultural cooperative owned by more than 700 cranberry farmers, announced the addition of three new unsweetened juices in its Ocean Spray Pure Fruit Juice portfolio along with redesigned packaging being distributed throughout Walmart stores across the country this month.
Lightly sweetened to create six flavors, mood33’s Hemp-Infused Herbal Tea is infused with 33mg of organic, U.S.-grown, full-spectrum hemp extract, premium botanicals and real fruit juices.