Beverage News

RSS

Emeryville, Calif.-based REBBL, a plant-based functional beverage brand founded to make a positive social impact and uphold human rights, is making health-conscious soda and a functional coffee solution with the launch of two new product lines: REBBL POP, a sparkling functional soda, and REBBL Stacked Coffee, a plant-powered cold-brew with additional health benefits.

Los Angeles-based MAD TASTY, a hemp-infused beverage brand founded by Ryan Tedder, lead singer of OneRepublic and three-time Grammy winning songwriter and producer, announces a deal with leading distributor Southern Glazer’s Wine & Spirits.

Refresco, Rotterdam, Netherlands, entered into an agreement with The Coca-Cola Co., Atlanta, to acquire three of its production locations in the United States. This transaction is subject to regulatory approval.

Southern Glazer's Wine & Spirits, Miami and Dallas, announced its new SG+ enhanced service offering, bolstering the company’s leading fine wine, artisanal wine, craft and luxury spirits capabilities for customers and suppliers across Southern Glazer’s U.S. network.

PepsiCo Inc., Purchase, N.Y., has entered into an agreement with PAI Partners (PAI) to sell Tropicana, Naked and other select juice brands across North America, and an irrevocable option to sell certain juice businesses in Europe, which will result in combined pre-tax cash proceeds of approximately $3.3 billion while retaining a 39% non-controlling interest in a newly formed joint venture. PAI, a leading private equity firm with strong experience in the food and beverage space, will be the majority shareholder of the transferred business, with PepsiCo retaining exclusive U.S. distribution rights to the portfolio of brands in its chilled direct-store-delivery for small-format and foodservice channels.

The Wonderful Co., Los Angeles, announced that its 2021 $1 million Wonderful Community Grant applications process now is live, continuing the company's commitment to investing in and collaborating with the communities where its employees live and work. 

Premium energy drink UPTIME, Los Angeles, announced its partnership with Cade Cunningham, the rookie basketball player just selected as the No. 1 overall NBA Draft Pick by the Detroit Pistons. The collaboration is the award-winning Oklahoma State star's first with a beverage company.

Molson Coors Beverage Co., Golden, Colo., and Montreal, reported results for the 2021 second quarter. In the second quarter, the company made significant progress against its revitalization plan that it laid out nearly two years ago, it says.

Keurig Dr Pepper, Burlington, Mass., and Frisco, Texas, introduced BrewID, a next-generation technology platform designed to give consumers a customized coffee. The first brewer to feature this technology, the K-Supreme Plus SMART brewer with BrewID, now is available on Keurig.com.