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Achaval Ferrer acquiries Melipal Winery

Acquistion enables brand to enter more consumer markets
July 12, 2019
Achaval Ferrer, which was founded in 1998 and acquired in 2011 by SPI Group, announced that it has acquired Melipal Winery located in Agrelo, Mendoza.
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Bud Harvest Reserve

Budweiser launches limited-edition beer

Harvest Reserve Deep Golden Lager available in Des Moines, Omaha
July 12, 2019

St. Louis-based Anheuser-Busch launched Harvest Reserve Deep Golden Lager, a new limited-edition beer created in collaboration with farmers who have grown the barely used to brew Budweiser for generations, the company says.


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Michelob Ultra Contract for Change

Michelob ULTRA launches initiatives that supports organic farming

Contract for Change provides farmers assistance to grow organic crops
July 9, 2019

Michelob ULTRA Pure Gold, a brand of St. Louis-based Anheuser-Busch, launched a new initiative called Contract for Change that supports American barley farmers who want to transition conventional fields to try organic production for the first time. The brand, alongside expert agronomists, will provide assistance to farmers as they navigate the costly and time-consuming steps required to grow certified organic crops.


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Shakira High Brew

High Brew Coffee welcomes Shakira as celebrity investor

Musician joins group of other notable investors
July 9, 2019

High Brew Coffee, Austin, Texas, is welcoming a new celebrity investor: singer, songwriter and music superstar Shakira. The businesswoman is using her talents to help bring High Brew's "For Those Who Do" message to a larger, more diverse audience, the company says.


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PepsiCo Logo 2019

PepsiCo releases Q2 results

PBNA net revenue $5.3B for quarter
July 9, 2019

PepsiCo Inc., Purchase, N.Y., reported results for the second quarter 2019.


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Brisk

Brisk Iced Tea partners with Universal Pictures

New ‘Fast & Furious’-themed cans available this summer
July 2, 2019

As part of the Pepsi Lipton Tea partnership, a joint venture between Purchase, New York-based PepsiCo and London-based Unilever, Brisk Iced Tea is partnering with Universal Pictures for this summer’s release of “Fast & Furious Present: Hobbs & Shaw” in theaters Aug. 2, starring Dwayne “The Rock” Johnson and Jason Statham.


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Silver Eagle

Sale of Silver Eagle Distributor’s Greater Houston territory completed

Company names new president and chairman
July 2, 2019

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. 

 


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Beverage swap-out trend likely to continue this Fourth of July

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.


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Keurig Dr Pepper Inc. reports solid start to 2019

Net sales down 1.1 percent compared with prior year
June 26, 2019
Keurig Dr Pepper Inc. (KDP), Burlington, Mass., and Plano, Texas, reported financial results for the first quarter ended March 31, 2019.
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Celsius revenue up 20% for Q1

Q1 revenue reported at $14.5 million
June 26, 2019
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.
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