Beverages: Page 16
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Christopher Doering/Food Dive
The Campbell’s Company names Mick Beekhuizen as CEO
The CPG veteran, who currently oversees the soup giant’s $5.3 billion meals and beverages division, will take over for Mark Clouse on Feb. 1.
By Christopher Doering • Dec. 3, 2024 -
Rodin Eckenroth/Getty Images for Frankies 457 via Getty Images
How Campari adapts to market trends to shape holiday experiences
The company’s vice president of marketing for America dishes on an expansive holiday strategy encompassing brands like Aperol and Grand Marnier.
By Sara Karlovitch • Dec. 3, 2024 -
Justin Sullivan via Getty Images
Constellation Brands selling Svedka vodka to Sazerac
The divestiture comes as the Corona brewer focuses on premium wine and spirits while distancing itself from its less expensive offerings that are seeing a decline in consumption.
By Chris Casey • Dec. 3, 2024 -
Getty Images
TreeHouse Foods buys private label tea business for $205M
The purchase will strengthen its competitive position in the fast-growing beverage category while building its presence in higher-growth, higher-margin businesses.
By Christopher Doering • Dec. 2, 2024 -
Courtesy of Lifeway Foods
Lifeway says Danone’s latest offer ‘undervalues’ firm, but board not opposed to a sale
The kefir maker touted its ability to increase shareholder value, noting its recent growth and demand for its products from consumers interested in healthy foods.
By Christopher Doering • Nov. 26, 2024 -
Getty Images
OpinionCalifornia’s food safety overhaul: From label to table
With looming compliance deadlines, companies must prepare now to make sure they’re following the state’s food ingredient and labeling laws.
By Sedina L. Banks and Sherry E. Jackman • Nov. 26, 2024 -
Noam Galai via Getty Images
Who is Dr. Marty Makary, Trump’s pick to head the FDA?
The nominee, a surgeon at Johns Hopkins, has criticized the use of pesticides on food and the industry turning against “natural fat.”
By Chris Casey • Nov. 25, 2024 -
Spencer Platt via Getty Images
Investors urge Coca-Cola, Kraft Heinz, others to provide transparency on products’ health impact
Over 30 investors and asset managers asked top executives from leading food and beverage companies to annually disclose the “healthiness” of their products.
By Zoya Mirza • Nov. 21, 2024 -
Courtesy of Pizza Hut
ColumnThe Weekly Sip: Pizza Hut uncorks tomato wine | Anheuser-Busch spends $14M to improve Houston brewery
In other beverage news, PKN debuted a barista version of its pecan milk for lattes and cappuccinos.
By Chris Casey • Nov. 21, 2024 -
Courtesy of Lifeway Foods, Inc.
Lifeway rejects Danone’s second takeover offer
The kefir company said the revised $27 a-share proposal substantially undervalues” its business.
By Christopher Doering • Nov. 20, 2024 -
Christopher Doering/Food Dive
Nestlé to cut $2.8B in costs, separate water into standalone business
The packaged goods giant also plans to fix, rather than sell, the majority of its underperforming businesses, CEO Laurent Freixe told investors and analysts.
By Christopher Doering • Nov. 19, 2024 -
Courtesy of Electrolit
Hydration beverage maker Electrolit invests $400M in first US plant
The company, with nearly half a billion in annual sales nationwide, is doubling down on its recent success and the popularity of electrolyte-infused drinks.
By Chris Casey • Nov. 19, 2024 -
Retrieved from Lifeway Foods.
Danone boosts offer for kefir maker Lifeway Foods to $307M
In a letter, the dairy giant said it was “disappointed” by the response to its earlier $283 million proposal and noted the increased price “fully reflects the fundamental potential of the Company.”
By Christopher Doering • Nov. 15, 2024 -
Courtesy of Diageo
ColumnThe Weekly Sip: Diageo leans into luxury spirits | Cheerwine gets into the holiday spirit with ale
In other beverage news, juice maker Langers debuted a craft cola with better-for-you ingredients.
By Food Dive staff • Nov. 14, 2024 -
Courtesy of Keurig Dr Pepper
Keurig Dr Pepper taps new CMO to accelerate digital-first marketing
Drew Panayiotou, most recently of Pfizer, is tasked with embracing new technology and keeping up momentum for brands like Dr Pepper.
By Peter Adams • Nov. 13, 2024 -
Justin Sullivan via Getty Images
Heineken USA names new CMO focused on brand building
Alison Payne, who succeeds longtime marketer Jonnie Cahill, previously revamped brands like Dos Equis and oversaw global beer offerings.
By Peter Adams • Nov. 11, 2024 -
Courtesy of Molson Coors
Molson Coors to shutter Leinenkugel’s brewery in Wisconsin
The brewer said it is moving manufacturing to its larger Milwaukee facility to cut costs.
By Chris Casey • Nov. 8, 2024 -
Jack Taylor via Getty Images
ColumnIngredients in Focus: Taurine
A recent study found the common ingredient in Red Bull and Monster energy drinks may be linked to heart health benefits.
By Elizabeth Flood • Nov. 7, 2024 -
Courtesy of Molson Coors
Molson Coors buys majority stake in Zoa energy drinks
The beverage giant will now control marketing and retail operations for the better-for-you brand, which was co-founded by Dwayne “The Rock” Johnson.
By Chris Casey • Nov. 7, 2024 -
Permission granted by DirectSens
Kerry Group acquires lactose testing technology
The taste and nutrition giant said the LactoSens platform is used by food and beverage companies to check for the sugar naturally found in dairy products.
By Elizabeth Flood • Nov. 7, 2024 -
Permission granted by Danone
ColumnThe Weekly Sip: Danone debuts plant-based milk for kids | Celsius sees sales boost
In other beverage news, XXI Martinis is shaking up the holiday season with its limited Chocolate Peppermint beverage.
By Food Dive staff • Nov. 7, 2024 -
Courtesy of Lifeway Foods, Inc.
Lifeway Foods rejects Danone’s $283M ‘opportunistic’ takeover offer
The keifer maker said its board determined that the “proposal substantially undervalues” the company and was not in the best interest of its shareholders.
By Christopher Doering • Nov. 5, 2024 -
Courtesy of Waterloo Sparkling Water
Sparkling water brand Waterloo looks to benefit from mocktail craze
A top executive said the company is looking to nonalcoholic cocktails to grow usage occasions for its seven-year-old beverage.
By Chris Casey • Nov. 5, 2024 -
Christopher Doering/Food Dive
Food and beverage M&A activity appears to be picking up: CoBank
Consumer interest in better-for-you snacking and struggles in plant-based meat alternatives could make these sectors attractive for dealmaking, the bank cooperative noted.
By Christopher Doering • Nov. 4, 2024 -
Christopher Doering/Food Dive
Celsius Holdings boosts innovation, production capacity with $75M co-packer purchase
The beverage company said the acquisition provides it with the flexibility to grow in a competitive energy drink market forecast to reach $30 billion in five years.
By Christopher Doering • Nov. 1, 2024
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