Vita Coco Kids available at Target stores nationwide in July
June 11, 2013
New York-based Vita Coco launched Vita Coco Kids, a new line of coconut water beverages formulated especially for children between the ages of 2 and 8. The new beverages will be available in Apple Island, Paradise Punch and Very Cherry Beach flavors.
The beverage marketplace continues to make strides against the economic downturn that hampered consumers and businesses beginning in 2008. In Beverage Industry’s compilation of the Top 100 beverage companies based on 2012 sales, The Coca-Cola Co. continued to lead the list by recording an additional $1.5 billion in sales compared with 2011.
Constellation Brands Inc., Victor, N.Y., announced that it completed its acquisition of Grupo Modelo's U.S. beer business from Anheuser-Busch InBev, Leuven, Belgium, for approximately $4.75 billion. The transaction includes full ownership of Crown Imports LLC, which provides Constellation with complete, independent control of all aspects of the U.S. commercial business; a state-of-the-art brewery in Nava (Piedras Negras), Mexico; an exclusive perpetual brand license in the United States to import, market and sell Corona and the Modelo brands Crown currently sells; and the freedom to develop brand extensions and innovations for the U.S. market.
Strongbow, a brand of Heineken USA, White Plains, N.Y., launched its “Golden Hour” on-premise, retail and event activation for the summer. The cider brand will act as a catalyst for spur-of-the-moment experiences to excite consumers of legal drinking age and encourage them to create their own “Golden Hour” celebrations with Strongbow, it says.
New alliance to raise bar on foodservice industry intelligence
June 5, 2013
Chicago-based Technomic Inc. and Newton, Mass.-based Restaurant Sciences LLC have partnered to provide greater visibility into sales trends in restaurants and bars and also deliver a comprehensive suite of food and beverage tracking services, the companies say.