Baltimore-based Redwood Capital Investments LLC announced it has completed the acquisition of the Houston-area territory of Silver Eagle Distributors LP, which includes three counties: Ft. Bend, Montgomery and a significant portion of Harris, the company says. The new company will be known as Silver Eagle Distributors Houston.
Hard seltzer, canned wine expected to be top growers, Nielsen reports
July 1, 2019
The Fourth of July holiday is around the corner and that has consumers stocking up on their favorite foods and beverages. When prognosticating about which beverages consumers will reach for this holiday, New York-based Nielsen analyzed the performance of numerous beverage alcohol categories and segments.
This was driven by a business model change in China to a royalty license which mitigates risk and reduces marketing investment, but correspondingly decreases revenue by $1.3 million, the company says.
“I am very pleased with our strong revenue growth and improved operating performance in the first quarter,” said Frank Harrison, chairman and chief executive officer of Coca-Cola Consolidated, in a statement.
Thebrewers have come together to create a powerful American-owned craft-brewing program
June 26, 2019
The combined company will have a leading position in the high end of the U.S. beer market, bringing together Boston Beer’s craft beer portfolio with Dogfish Head’s award-winning portfolio of IPA and session sour brands.
As the summer solstice officially came and went, consumers continue to thirst for refreshing beverages. In the Readers’ Choice: New Product poll for May, Beverage Industry readers’ selected Raspberry Rose and Strawberry Ginger VOSS Flavored Sparkling Water.
Fans can enter for chance to win free chalice-shaped Red Stella Cups
June 25, 2019
Stella Artois, a brand of Anheuser-Busch InBev, Leuven, Belgium, announced it is dethroning the OG red party cup and making summer parties a little more stylish by introducing the Red Stella Cup, it says.
Coca-Cola North America, a division of Atlanta-based The Coca-Cola Co., is launching a digital marketplace this fall that connects its foodservice customers to pre-vetted, industry-best restaurant technologies with competitive pricing, it says. The marketplace of solutions for front of house, back of house and outside of house is powered by Omnivore, a universal point-of-sale connectivity platform that offers seamless integration into restaurants' point-of-sale (POS) systems.