Minority-owned company offers 3 lines of better-for-you beverages
August 17, 2020
Ramsey, N.J.-based Cascadia Managing Brands announced that it has taken an equity position in minority-owned KRISP DRINKS. KRISP DRINKS was founded by black entrepreneur Sean Banks, and is a Certified Minority Owned Co. by the Eastern Minority Supplier Development Council.
10 startups will receive $20K in grant funding, 6-month mentorship program
February 6, 2020
PepsiCo, Purchase, N.Y., announced the 10 emerging food and beverage brands that will join its second annual North America Greenhouse program. Each of the participating startups will receive $20,000 in grant funding and participate in a six-month business program designed to accelerate their growth through personalized mentorship.
Global brewer acquires stake in products launched by brand incubator
November 18, 2019
Molson Coors, Chicago, and L.A. Libations, El Segundo, Calif., announced a multiyear partnership that includes a significant minority equity investment by Molson Coors in L.A. Libations as well as category-exclusive access to the company's services. Molson Coors also will hold two seats on the L.A. Libations board.
Cargill invests $75 million in its PURIS pea-protein line
October 24, 2019
Cargill announced a $75 million investment in its pea-protein line titled PURIS. Additionally, GNT Group developed a new range of EXBERRY liquid and powdered red coloring foods that do not contain sugar.
Accelerator program seeks 10 start-ups in US, Canada
September 6, 2018
PepsiCo Inc., Purchase, N.Y., announced the launch of its Nutrition Greenhouse accelerator program in North America, an innovation initiative designed to discover and support emerging brands in the food and beverage sector. The North American program follows the launch of PepsiCo's Nutrition Greenhouse in Europe, now in its second year.
Beverage Industry’s October issue spotlights leaders throughout the beverage market and how they are steering their company’s throughout the pandemic. Also in this issue is an update on the bottled water market and it continues to post strong volume gains, how natural and organic retailers are combating broader competition, the ingredient solutions available for next-generation performance beverages, and much more!