Purchase N.Y-based PepsiCo announced that it has closed the acquisition of poppi, Austin, Texas, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes a performance-based earnout contingent on achieving certain performance metrics.
Miller Lite, a brand of Chicago-based Molson Coors Beverage Co., and Kingsford, Oakland, Calif., are heating summer up once again with the return of Kingsford x Miller Lite Beercoal, charcoal briquets made with real beer.
This year marks Topo Chico’s 130th anniversary, and the mineral water brand is celebrating with limited-edition glass bottles featuring vintage labels from Topo Chico’s 130-year design history.
The Geismar facility was designed to support Southern Glazer’s long-term growth on the market, it adds, serving as a strategic anchor in Louisiana and ensuring scalability for the next 30 years.
RECOVER 180, Los Angeles, an organic sports drink from Lance Collins, announced a high-powered partnership with country music icon Jason Aldean — launching just in time for the kickoff of his electrifying Full Throttle Tour.
Anheuser-Busch, St. Louis, announced its expanded commitment to creating and sustaining U.S. manufacturing jobs by announcing it will invest $300 million in its facilities across the United States.
The Finnish Long Drink is adding a Zero Sugar Variety Pack to its product lineup. The collection features a mix of four Citrus, four Peach and four Pineapple cans.
BMC reports that, after surpassing 36.4 billion gallons in 2022, total liquid refreshment beverage volume slipped to 36 billion gallons in 2023 before climbing to almost 36.4 billion gallons in 2024.