Danone, Paris, and The WhiteWave Foods Co., Denver, have entered into a definitive merger agreement under which Danone will acquire WhiteWave for $56.25 a share in an all-cash transaction, representing a total value of approximately $12.5 billion, including debt and certain other WhiteWave liabilities, the companies say.
Local vintners Jason and Janu Goelz of Silicon Valley’s Jason-Stephens Winery announced relocation plans for their tasting room and production facility from its current site on Watsonville Road to their new “The Stomping Ground” development, off Highway 101 in Gilroy.
Castle Brands Inc., New York, reported financial results for the first quarter of its 2017 fiscal calendar, which ended June 30, 2016. Among the highlights were that net sales increased 1.4 percent to $16.8 million for the first quarter of fiscal 2017.
Stone Brewing Co., Escondido, Calif., announced that it is commemorating its 20th anniversary by crafting a new celebratory double IPA: Stone 20th Anniversary Citracado IPA, brewed with avocado flower honey and Citra hops, the company says. Beginning this week, the craft beer company will release the new IPA in 22-ounce bottles and on-draft to retailers nationwide where Stone Beers are sold, it says.
Demand helped by specialty beverage proliftation in foodservice
August 9, 2016
Demand for cups and lids in the United States are projected to expand 3.9 percent a year to $10.6 billion in 2020, according to a new study from The Freedonia Group, Cleveland. Gains will be supported by food trends that favor convenience and smaller portions, the market research firm details in its “Cups & Lids” report.
Enhanced-water brand celebrates 21st birthday with #SOBENotSorry campaign
August 8, 2016
Sobe, a brand of Purchase, N.Y.-based PepsiCo Inc., is turning 21 this year and launched the #SOBENotSorry campaign as part of its celebration. The brand also released two new flavors: Midnight Mojito (Blackberry Mojito) and En Fuego (Spicy Limeade).
Report combines greenhouse gas emissions from transportation, refrigeration of beverage in calculations
August 3, 2016
According to a new study conducted by the ICF International, Fairfax, Va., for the Aluminum Association, Alexandria, Va., the combined greenhouse gas (GHG) emissions associated with the transportation and refrigeration of beverages in aluminum cans are lower than those associated with beverages in glass or plastic bottles under the same conditions.
Program available in Miami, New York City and Amsterdam
August 2, 2016
White Plains, N.Y.-based Heineken USA, in partnership with St. Louis-based Tumi, kicked off the seventh year of its #Heineken100 initiative by releasing the first of three travel, business and lifestyle accessories. Heineken is partnering
Coors Light, Miller Lite combine to deliver flat sales to retail volume
August 2, 2016
London-based SABMiller plc and Molson Coors Brewing Co., Denver, reported that its joint venture MillerCoors experienced a second quarter underlying net income decline of 3.8 percent to $468.8 million versus the same period in the prior year.
Just in time for National Root Beer Float Day (Aug. 6) Small Town Brewery, Wauconda, Ill., and Graeter's Ice Cream, Cincinnati, have teamed up to create the ultimate "adult" float featuring the brewer's Not Your Father's Root Beer and Graeter's craft ice creams.