After recently selling its 1 billionth beverage earlier this summer, Honest Tea took to social media to learn more about Americans’ relationships with iced tea.

New York-based All Market Inc., doing business as Vita Coco, announced that it has sold 25 percent of the company to Reignwood Group, the Beijing-based parent company of Red Bull China, at an enterprise valuation of approximately $665 million.

Pernod Ricard USA, New York, completed its acquisition of a significant majority stake in Avión Spirits LLC, owner of the ultra-premium tequila brand Avión, from its joint-venture partner Tequila Avión.

Nestlé Waters North America, Stamford, Conn., expanded its Nestlé Pure Life bottled water brand with a new line of flavored sparkling waters.

SABMiller plc, London, is scaling up its sustainable development programs with a set of new targets to achieve by 2020. The following initiatives are part of the company’s pledge:

Heaven Hill Distilleries Inc., Bardstown, Ky., announced it has acquired the worldwide rights to Domaine de Canton French ginger liqueur from Maurice Cooper et Cie. of Miami.

KonaRed Corp., the Koloa, Hawaii-based manufacturer of antioxidant juices from CoffeeBerry coffee fruit, announced strong sales growth in the first half of 2014.

Living Essentials LLC, Farmington Hills, Mich., kicked off its new “Yummification” video contest, which invites fans to create a video of their favorite way to mix a 5-Hour Energy shot with an everyday beverage.

Milagro Tequila, a spirits brand of New York-based William Grant & Sons, launched a new, limited-edition expression: Unico, Second Edition. Following the success of the first edition, the extremely rare expression combines aged silver tequila with rare barrel-aged reposado and añejo reserves, creating a super-premium joven blend, the brand says. The new tequila will be available nationwide in extremely limited quantities in September.

Unique Beverages (USA) Inc., a Delaware-based company owned by a Canadian numbered corporation and affiliated with Unique Foods Canada,announced that it has completed its acquisition of Activate Drinks. The acquisition includes certain assets of the Rising Beverage Co. (RBC), including the Activate brand and trademark, as well as select packaging technologies.