Mississauga, Canada-based Cott Corp. announced that it has entered into a definitive agreement pursuant to which Cott will acquire Crystal Rock Holdings Inc., Watertown, Conn., for $0.97 per share in cash. The transaction, which values Crystal Rock at approximately $35 million, was unanimously approved by both the Cott and Crystal Rock Boards of Directors, the companies say.
Starbucks, Anheuser-Busch expand distribution of RTD tea line
January 30, 2018
Seattle-based Starbucks Corp., in partnership with St. Louis-based Anheuser-Busch, has begun shipping all Teavana Craft Iced Teas to grocery and convenience retailers nationwide.
KDP’s pro forma combined 2017 annual revenues approximately $11B
January 29, 2018
Dr Pepper Snapple Group Inc., Plano, Texas, and Keurig Green Mountain Inc., Burlington, Mass., announced that the companies have entered into a definitive merger agreement to create Keurig Dr Pepper (KDP), a new beverage company of scale with a portfolio of iconic consumer brands and unrivaled distribution capability to reach virtually every point-of-sale in North America, the companies say.
Nonprofit offers scholarships to children of fallen, disabled soldiers
January 16, 2018
Minneapolis-based Founding Fathers Products' mission is to create superior quality American-made products that support American military families with 50 percent of its profits. Founding Fathers introduced its line of domestic premium lager beers in 2011 and recently introduced a full line of 100 percent Arabica gourmet coffee.
Here’s to Coaches recognizes those who help Olympic, Paralympic athletes
January 9, 2018
Folgers, a brand of Orrville, Ohio-based J.M. Smucker Co., launched its Here's to Coaches campaign for the PyeongChang 2018 Olympic and Paralympic Winter Games. The new campaign recognizes coaches who are invested in helping athletes achieve their Olympic glory — one morning at a time, one cup at a time, the company says.