Sebastiani, Sonoma Brands assume management of VIANSA Winery
August 21, 2018
Vintage Wine Estates, Santa Rosa, Calif., announced a new partnership with Jon Sebastiani and Sonoma Brands. Sonoma Brands is a food and beverage products incubator and private equity fund led by Sonoma-based Jon Sebastiani.
Brand to acquire all outstanding SodaStream shares
August 20, 2018
Purchase, N.Y.-based PepsiCo and Tel Aviv, Israel-based SodaStream International Ltd., announced they have entered into an agreement under which PepsiCo will acquire all outstanding shares of SodaStream for $144 per share in cash, valued at $3.2 billion, the companies said. “PepsiCo and SodaStream are an inspired match,” said Indra Nooyi, PepsiCo chairman and chief executive officer (CEO), in a statement.
WTRMLNSLCE available on Amazon, California retails stores
August 16, 2018
WTRMLN WTR, Denver, launched WTRMLNSLCE, a non-refrigerated watermelon water that delivers electrolytes with 2 grams of natural sugar from watermelon and no artificial sweeteners, the company says.
Sports drink brand gains access to Coca-Cola distribution network
August 14, 2018
The Atlanta-based Coca-Cola Co. and Whitestone, N.Y.-based BODYARMOR announced that they have entered into a definitive agreement through which The Coca-Cola Co. will acquire a minority ownership stake in BODYARMOR. Through the agreement, BODYARMOR will have the opportunity to gain access to the Coca-Cola bottling system, enabling the fast-growing brand to accelerate its growth to meet explosive consumer demand for its premium line of sports performance and hydration drinks.
Contest participants can win $100 Netflix gift card
August 14, 2018
Chicago-based Tampico Beverages introduced Tampico Flavor Hunt, an interactive game in collaboration with DreamWorks Animation Television’s Netflix original series “Trolls: The Beat Goes On!”
Sparkling mineral water brand develops Taste Guide
August 14, 2018
S.Pellegrino Sparkling Natural Mineral Water, a brand of Stamford, Conn.-based Nestlé Waters North America, introduced sleek cans to its product lineup.
Southern Distilling services craft distillers through 25,000-square-foot facility
August 10, 2018
Founded in 2013 by local entrepreneurs Pete and Vienna Barger, Southern Distilling Co., Statesville, N.C., offers a broad range of contract distilling services for domestic and foreign brand owners, distilleries and retailers including custom distilling, warehousing, and bottling/packaging services.
After 12 years as chief executive officer (CEO) of PepsiCo Inc., Purchase, N.Y., Indra Nooyi announced that she will step down Oct. 3. Nooyi has been with the company for 24 years. She will remain chairman until early 2019. Following a unanimous election by the Board of Directors, Ramon Laguarta, president of PepsiCo, will assume the CEO position as well as election to the Board of Directors.
Stable growth reported for small and independent brewers
August 6, 2018
The Boulder, Colo.-based Brewers Association (BA) reported that growth for small and independent craft brewers remained stable for the first half of 2018, according to the BA’s new mid-year metrics. Production volume for the craft segment increased 5 percent during the first half of 2018, the company says.