Beverages: Page 39
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Courtesy of BellRing Brands
Post Holdings to spend $86M on new Ohio facility, creating 200 jobs
The plant is expected to manufacture products for Post's majority-owned BellRing Brands, which makes Premier Protein shakes and powders.
By Christopher Doering • Dec. 9, 2021 -
Scott Olson via Getty Images
Oatly plans 3 new facilities by 2023 to combat supply shortages
The oat milk producer looks to self-manufacture as much as 60% of its total volume as it works to build inventory and control costs.
By Sarah Zimmerman • Dec. 7, 2021 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Getty via Getty Images
Deep DiveWhere the dollars go: Lobbying a big business for large food and beverage CPGs
Coca-Cola, PepsiCo, AB InBev and 27 other companies spend close to $40 million a year on issues including trade and taxes in an effort to make their voices heard by lawmakers and regulators.
By Christopher Doering • Dec. 6, 2021 -
Johannes SImon via Getty Images
Beverage makers battle glass shortages as holiday celebrations loom
Supply constraints have manufacturers struggling to hold the line on costs while sourcing packaging for everything from beer and wine to liquor and spirits.
By Samantha Oller • Updated Jan. 18, 2022 -
Justin Sullivan via Getty Images
Pabst names Ferrero executive as its new CEO
Paul Chibe, who will take over for Eugene Kashper on Dec. 1, said the 177-year-old beer maker has "huge unrealized potential."
By Christopher Doering • Nov. 30, 2021 -
Permission granted by The Giant Company
The Giant Company to test technology to boost brands in the alcohol aisle
The grocer's SocialShelf platform will help customers navigate the category in-store, particularly for "upscale wine and high-end craft beer," a company spokesperson said.
By Catherine Douglas Moran • Nov. 24, 2021 -
Monster Beverage exploring deal with Constellation Brands, Bloomberg reports
The exact type of transaction between the energy drink maker and the Corona brewer, whether it involves a merger or a specific asset, is uncertain, the news service said.
By Christopher Doering • Nov. 22, 2021 -
Permission granted by Hidden Valley
ColumnLeftovers: Hidden Valley seasons the holiday with RanchNog; Oatly chills out with new frozen bars
Brand owner Clorox is selling a savory mix for the traditional holiday drink, while Funny Water tries to flatten the competition with alcohol-infused still water.
By Food Dive staff • Nov. 19, 2021 -
Courtesy of Hoop Tea
Anheuser-Busch buys alcoholic beverage brand Hoop Tea
The Maryland-based company, known for its infused malt drinks and seltzers, will join the beverage giant's Beyond Beer portfolio.
By Christopher Doering • Nov. 16, 2021 -
istockphoto.com/jacoblund
Sponsored by Faravelli, IncFiberJuices™, real juice powders with 4 prebiotics and 0% sucrose added
Eliminate the fiber, sugar, and weight management concerns surrounding fruit and vegetable juices.
Nov. 15, 2021 -
Permission granted by Kraft Heinz
ColumnLeftovers: Heinz spaces out with other-worldly ketchup; Danone's Follow Your Heart noodles into a new category
The Kraft Heinz brand partners with the Aldrin Space Institute to craft a Martian condiment, and Mud/Wtr's newest drink taps adaptogenic ingredients for relaxation.
By Food Dive staff • Nov. 12, 2021 -
Joe Raedle via Getty Images
Kerry debuts next-generation botanical extracts for low- and no-alcohol beverages
The company said the new offerings, which include coffee, passion fruit and black pepper varieties, are more stable and have a complex taste and mouthfeel.
By Christopher Doering • Nov. 11, 2021 -
ADM | stock.adobe.com/nblxer | shutterstock.com/Kiian Oksana
Sponsored by ADMGame-changing innovations from ADM
How ADM is unlocking innovation to drive the next generation of food and beverages.
Nov. 11, 2021 -
Courtesy of Good Life
Oatly, Fiji Water founders relaunch Good Idea functional sparkling waters
The beverage, which claims to control blood sugar, coincides with a broader trend in the food and beverage space where consumers are looking for more than hydration or the easing of hunger.
By Samantha Oller • Nov. 10, 2021 -
Courtesy of The Every Company
The Every Company's animal-free egg proteins debut in Pressed smoothie
The limited-time beverage gives the company a chance to show off its ClearEgg protein to consumers concerned with wellness, product taste and mouthfeel.
By Megan Poinski • Nov. 9, 2021 -
Courtesy of Drinkworks
How the 'Keurig for cocktails' is tapping into rising home demand
Drinkworks, which makes beverages like White Russians and mojitos from pods, used COVID-19 to expedite its nationwide rollout, grow drink offerings and quicken the development of its new machine.
By Christopher Doering • Nov. 9, 2021 -
Retrieved from TreeHouse Foods on July 01, 2016
TreeHouse Foods nixes sale but continuing to explore divestitures
The food maker said it is optimistic over the prospects for private label and that a sale of part of its meal preparations division would make its business less complicated.
By Christopher Doering • Updated March 14, 2022 -
Courtesy of PepsiCo
PepsiCo to drop 'Rise' from Mtn Dew energy drink name
The company is renaming its beverage targeting morning caffeine drinkers after a judge sided with a coffee startup accusing it of trademark infringement.
By Samantha Oller • Updated Nov. 10, 2021 -
Permission granted by Hilo Life
ColumnLeftovers: PepsiCo accelerator brand makes keto-friendly puffs; MealCubes serves up a 'meal in a pill'
Hilo Life debuts cheese puffs with only 3 grams of carbohydrates, while Ocean Spray rides the fruity water wave with its spin on aguas frescas.
By Food Dive staff • Nov. 5, 2021 -
Permission granted by Spindrift
Spindrift's hard seltzer uses real fruit to squeeze competitors White Claw and Truly
Although the sparkling water maker is entering a category that shows signs of slowing, the company is confident its use of minimal ingredients will stand out.
By Christopher Doering • Nov. 3, 2021 -
Scott Olson via Getty Images
US, EU reach agreement to ease steel and aluminum tariffs
Europe will also lift the 25% retaliatory tariffs that upended global supply chains for companies that make liquor, motorcycles and jeans.
By Sarah Zimmerman • Nov. 2, 2021 -
Permission granted by Vita Coco
Once-hot food and beverage IPOs lose their sizzle as investor enthusiasm fades
A review of 13 companies that have gone public since July 2020 through traditional IPOs or mergers with SPACs show all but one of the listings are trading below where they first came to market.
By Christopher Doering • Nov. 2, 2021 -
Retrieved from BodyArmor.
Coca-Cola buys rest of BodyArmor for $5.6B in company's largest-ever purchase
The beverage giant first acquired a 15% stake in 2018. The brand has since grown to become the second-best selling sports drink with $1.4B in sales, behind PepsiCo's Gatorade.
By Christopher Doering • Nov. 1, 2021 -
Courtesy of Brave Robot
ColumnLeftovers: Brave Robot bakes sustainability into cake mix; Tropicana says you can brush your teeth and drink OJ too
Perfect Day's animal-free milk protein enters a new category, and Beastie Boys go intergalactic in Source Brewing's limited-release beer.
By Food Dive staff • Oct. 29, 2021 -
Permission granted by Celsius
Celsius is luring consumers that don't want 'grandfather's energy drink,' CEO says
Despite the pandemic and fierce competition from Red Bull and Monster, the company expects record sales of its functional beverage this year after posting a 74% jump in 2020.
By Christopher Doering • Oct. 28, 2021
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