For the global beverage market, mergers and acquisitions (M&A) seem to be the new normal. Based on 2023 fiscal year sales, this year’s Top 100 Beverage Companies report, compiled by the editors of Beverage Industry, has seen a collection of long-running entities exit the list as they merged or were part of an acquisition. Through this M&A activity, we have welcomed more thriving innovators across the alcohol and non-alcohol beverage markets.

Just in time for the official start of summer, Dogfish Head, Milton, Del., and Dan-O’s Seasoning are giving everyone another reason to fire-up their grills ― a limited-edition, collaborative grilling kit.

Malibu, a brand of Pernod Ricard, New York, unveiled its new summer campaign in partnership with TV personality Paige DeSorbo to bring the vacation anytime, anywhere. 

Entertainment icon and entrepreneur Snoop Dogg is shaking up the ready-to-drink (RTD) market with the launch of Cali Cocktails. Crafted in partnership with wine brand 19 Crimes, the canned cocktails are inspired by Snoop’s laid-back Cali lifestyle, the company says. 

Shepherd Futures, the family office of Chobani CEO and founder, Hamdi Ulukaya, announced its acquisition of the assets of Anchor Brewing Co. for an undisclosed amount. 

Award-winning actress, producer, entrepreneur, proud Colombian, and self-proclaimed coffee connoisseur Sofía Vergara, announced her foray into the coffee industry with the launch of ¡DÍOS MIO! COFFEE.

Milo’s Tea Co., Birmingham, Ala., is celebrating National Iced Tea Month (June) with a month of sweet giveaways and recipes to enjoy all summer long.

San Diego-based Suja Life, a leading functional wellness platform and parent company of Suja Organic and Vive Organic, announced its acquisition of soda brand Slice. 

IFT FIRST: Annual Event & Expo will take place July 14-17 at McCormick Place in Chicago. This year’s program will focus on addressing some of the top food issues including food insecurity and climate change.

Two years following the announcement of its acquisition by Sapporo U.S.A., San Diego-based Sapporo-Stone Brewing unveiled the near completion of phase one of its expansion project at its Escondido brewery.