Brand is among fastest-growing liqueurs in spirits industry, the company says
July 8, 2014
Heaven Hill Distilleries Inc., Bardstown, Ky., announced it has acquired the worldwide rights to Domaine de Canton French ginger liqueur from Maurice Cooper et Cie. of Miami.
Coffee fruit juices on track to double sales this year
July 8, 2014
KonaRed Corp., the Koloa, Hawaii-based manufacturer of antioxidant juices from CoffeeBerry coffee fruit, announced strong sales growth in the first half of 2014.
“Yummification” video contest asks fans to mix energy shots with an everyday beverage
July 8, 2014
Living Essentials LLC, Farmington Hills, Mich., kicked off its new “Yummification” video contest, which invites fans to create a video of their favorite way to mix a 5-Hour Energy shot with an everyday beverage.
Milagro Tequila, a spirits brand of New York-based William Grant & Sons, launched a new, limited-edition expression: Unico, Second Edition. Following the success of the first edition, the extremely rare expression combines aged silver tequila with rare barrel-aged reposado and añejo reserves, creating a super-premium joven blend, the brand says. The new tequila will be available nationwide in extremely limited quantities in September.
American subsidiary takes ownership of certain assets of Rising Beverage Co.
July 7, 2014
Unique Beverages (USA) Inc., a Delaware-based company owned by a Canadian numbered corporation and affiliated with Unique Foods Canada,announced that it has completed its acquisition of Activate Drinks. The acquisition includes certain assets of the Rising Beverage Co. (RBC), including the Activate brand and trademark, as well as select packaging technologies.
Lassonde Industries Inc., a manufacturer and marketer of fruit juices and juice drinks based in Rougemont, Quebec, has entered into a definitive agreement through its U.S. subsidiary US Juice Partners LLC to acquire Apple & Eve LLC, Port Washington, N.Y., for approximately $150 million.
$3.1 billion acquisition will add flavor systems to ADM’s portfolio of specialty ingredients
July 7, 2014
Archer Daniels Midland Co. (ADM), Decatur, Ill., announced its plans to acquire Wild Flavors GmbH, Zug, Switzerland, giving ADM the ability to offer food and beverage companies a comprehensive suite of systems to enhance and improve their products, the company says.
Buyout firm to bring “renewed focus and attention” to the juice brand
July 2, 2014
Brynwood Partners, a Greenwich, Conn.-based buyout firm, announced that its newly formed portfolio company, Harvest Hill Beverage Co., has acquired the Juicy Juice business from Nestlé USA, Glendale, Calif.
Deal includes Muscle Milk brand, manufacturing facility, and production and distribution agreements
July 1, 2014
Hormel Foods Corp., Austin, Minn., has entered into a definitive agreement to acquire CytoSport Holdings Inc., Benicia, Calif., for approximately $450 million. The deal includes the Muscle Milk brand of shelf-stable, ready-to-drink protein beverages; a manufacturing facility in Benicia, Calif.; as well as several manufacturing and distribution agreements both domestically and abroad, according to Hormel Foods. Total 2014 annual sales for the Muscle Milk brand are expected to be approximately $370 million, it says.