Rob Pihl to remain with craft brewer as brewmaster, brand ambassador
June 23, 2020
Newport Craft Brewing & Distilling Co., Newport, R.I., announced the acquisition of New York-based Radiant Pig Beer Co. With Braven Brewing Co. and Radiant Pig Beer Co., Newport Craft’s stable of products now features 26 authentic beers, and more than 10 craft spirit and cocktail labels, the craft brewer and distiller says.
Agriculture industry demands natural ingredients for soil amendment
June 9, 2020
PROVA has expanded its sales and leadership teams. Royal DSM has acquired Glycom A/S to gain more traction in the nutrition and dietary supplement space. Meanwhile, International Molasses sees growing demand for EcoMolasses as an ingredient due to its agricultural applications.
Just like The Force in the infamous ‘Star Wars’ franchise, The Boston Beer Co. and Dogfish Head Brewery, two iconic independent craft breweries founded in 1984 and 1995, respectively, are joining forces to take their brands to the next level.
Dairy Farmers of America Inc. (DFA), Kansas City, Kan., announced an agreement has been reached with Dean Foods (Dean) for the farmer-owned cooperative to become the stalking horse bidder to acquire a substantial portion of Dean's assets and business.
Acquisition brings in Juice Alive, JavAlive brands to portfolio
February 10, 2020
Lower-middle-market private equity firm Huron Capital announced that its platform company Ronnoco Beverage Solutions, a manufacturer and distributor of premium quality coffee, tea and related products, has acquired Trident Beverage, a provider of high-quality beverages and dispensing products for a variety of foodservice establishments.
Tenth and Blake Beer Co., the U.S. craft division of Chicago-based Molson Coors Beverage Co., announced an agreement to acquire Detroit-based Atwater Brewery.
Westrock Coffee purchases coffee, tea supplier for $405M
January 31, 2020
Cott Corp., Tampa, Fla., continues its transition into a pure-play water solutions provider with its announcement that it has entered into a definitive agreement pursuant to which Cott will sell S&D Coffee and Tea to Westrock Coffee Co. LLC for $405 million on a debt free and cash free basis, subject to a customary working capital adjustment, it says.
Company achieved value share gains in sparkling, non-sparkling offerings
January 31, 2020
The Coca-Cola Co., Atlanta, reported another quarter of strong growth, along with achieving or exceeding all guidance for the full year 2019. The company continued to execute its growth strategy, allowing it to deliver strong revenue and profit growth for the quarter and full year while gaining value share globally, it says.