Beverages: Page 60
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Retrieved from Hint on August 19, 2020
Flavored-water maker Hint raises $25M in its latest funding round
The company looks to capitalize on the momentum it has established during the pandemic and use the funds to grow sales and distribution.
By Jessi Devenyns • Aug. 19, 2020 -
Permission granted by Lemon Perfect
Water brand Lemon Perfect raises $6.6M to expand
The funding, which came from traditional VC companies as well as a long lineup of NBA luminaries, will go toward growing distribution, increasing marketing and recruiting new talent.
By Jessi Devenyns • Aug. 18, 2020 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Courtesy of Diageo
Diageo to pay up to $610M to buy Ryan Reynolds-backed Aviation Gin
The purchase of the fast-growing brand gives the liquor maker a bigger stake in premium alcohol and adds to its portfolio of brands with celebrity connections.
By Christopher Doering • Aug. 17, 2020 -
Courtesy of New Belgium Brewing
ColumnLeftovers: Fat Tire toasts the environment; Flora spreads into the United States
New Belgium Brewing's beverage was certified as the nation's first nationally distributed carbon neutral beer last week, and Vive adds some spritz to fall with Pumpkin Spice Hard Seltzer.
By Food Dive staff • Aug. 14, 2020 -
Lawsuit challenges California's ban on soda taxes
The plaintiffs argue the law prohibiting cities from enacting them until 2031 is illegal because it curtails local governments’ ability to raise funds for public services.
By Jessi Devenyns • Aug. 11, 2020 -
Courtesy of Atomo Coffee
Atomo Coffee gets $9M for a molecular morning jolt
The Seattle startup, which makes the brewed beverage from upcycled ingredients that chemically match conventional coffee, will build a roastery and have products on the market next year.
By Megan Poinski • Aug. 11, 2020 -
Private equity firm Sonoma Brands remains 'active' in search for new deals
The investment firm, founded by Krave founder Jon Sebastiani, owns or has minority stakes in more than a dozen companies including Hu, Dang and Smashmallow.
By Christopher Doering • Aug. 11, 2020 -
Courtesy of Ferrera
ColumnLeftovers: Trolli's crunchy gummies could make others squirm; Angostura mixes it up with cocoa
Candy maker Ferrera adds new innovation to the chewy worm-shaped sweet, while Hershey shrinks One bars.
By Food Dive staff • Aug. 7, 2020 -
Courtesy of Jel Sert
How a nearly 100-year-old maker of pudding and frozen ice pops competes with Big Food
Jel Sert, a manufacturer of Royal instant mixes and Fla-Vor-Ice frozen treats, has turned to alcohol, healthier trends and licensing deals with Mars Wrigley and Coca-Cola to boost sales.
By Christopher Doering • Aug. 5, 2020 -
Courtesy of Coca-Cola
Topo Chico Hard Seltzer will be manufactured, marketed and distributed by Molson Coors
The agreement, similar to one signed with Yuengling earlier this month, gives the company known for beer a third hard seltzer brand in its portfolio.
By Jessi Devenyns • Updated Sept. 29, 2020 -
Permission granted by Coca-Cola
Coca-Cola to debut coffee-flavored cola in the US
The beverage, which is already available in international markets, will launch on the company's subscription service this year before hitting shelves across the country in January.
By Lillianna Byington • July 31, 2020 -
Retrieved from Post, Dunkin' on July 30, 2020
ColumnLeftovers: America runs on Dunkin' cereal; French's and Oskar Blues brew mustard beer
Post's new breakfast offerings are inspired by the restaurant's popular coffee drinks, and PBR gets into the summer with hard peach iced tea.
By Food Dive staff • July 31, 2020 -
FDA grants Ocean Spray qualified health claim for its cranberry juice
The company can label some products to indicate a relationship between their consmption and reduced risk of recurrent urinary tract infections in healthy women.
By Jessi Devenyns • July 30, 2020 -
Retrieved from Anheuser-Busch on July 30, 2020
Budweiser launches its 1st nonalcoholic beer
Anheuser-Busch's legacy beer brand is tapping NBA star Dwyane Wade as it markets Budweiser Zero, which has zero sugar and 50 calories.
By Jessi Devenyns • July 30, 2020 -
Unilever sells Lipton, other teas to private-equity firm for $5B
The sale to CVC Capital Partners includes 34 brands that generated more than $2 billion in sales in 2020. It will allow the CPG giant to focus on higher-growth businesses.
By Christopher Doering • Updated Nov. 19, 2021 -
Courtesy of Jeni's
ColumnLeftovers: Jeni's brings state fair-inspired flavors to ice cream; Quokka Brew makes jitter-free coffee
The frozen dessert maker will release a new midway-inspired flavor every Thursday this summer, and Heaven's Lettuce launches chips to convince consumers "happiness is hemp."
By Food Dive staff • July 24, 2020 -
Courtesy of Better Juice
Better Juice partners with US companies to further its sugar-reduction technology
The Israel-based company converts natural sugars in 100% orange juice into other components for a less sweet beverage.
By Jessi Devenyns • July 23, 2020 -
Ocean Spray names former Tyson Foods chief as its CEO
In addition to his time running the meat and poultry processing giant, Tom Hayes also previously worked at CPG giants such as Kraft and Conagra.
By Christopher Doering • July 20, 2020 -
Courtesy of Sweet Earth
ColumnLeftovers: Sweet Earth ups the Awesome on its plant-based burger; Busch Light launches apple-flavored beer
Nestlé combines two animal-free products to make the vegan version of a bacon burger, and Eat Howl taps chefs to add authentic flavor to its macaroni and cheese.
By Food Dive staff • July 17, 2020 -
Trade group releases 1st code of practice for kombucha
After a slew of lawsuits, Kombucha Brewers International is establishing quality standards for the beverage and also developing a seal for manufacturers.
By Jessi Devenyns • July 16, 2020 -
Dietary Guidelines scientific report could deliver a plant-based policy win
The document, which will be used by the federal government for the new official guidelines for a healthy diet, encourages more consumption of fruits and vegetables, and less red meat, alcohol and sugar.
By Megan Poinski • July 16, 2020 -
Oatly sells $200M stake to fuel growth
Investors in the fast-growing Swedish company include private-equity giant Blackstone, Oprah Winfrey and former Starbucks CEO Howard Schultz.
By Jessi Devenyns • July 15, 2020 -
Permission granted by SnackMagic
SnackMagic brings small brands directly to consumers
The platform carries a few Big Food brands, but sees itself as a way for shoppers to discover snacks they likely won't be able to find on store shelves.
By Christopher Doering • July 15, 2020 -
Permission granted by Diageo
Diageo and PepsiCo will debut paper bottles in 2021
The alcohol giant will launch the 100% plastic-free packaging for Johnnie Walker whisky early next year, while PepsiCo and Unilever are developing it for their products.
By Lillianna Byington • July 14, 2020 -
Courtesy of Conagra Brands
ColumnLeftovers: Swiss Miss gets magically delicious; Ritz says 'cheese'
The cocoa brand adds Lucky Charms' marshmallow goodness and Outshine frozen treats get a bit of heat, courtesy of Tajín.
By Food Dive staff • July 10, 2020
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