Japan: Coca-Cola to partner with Kirin on immunity drinks
Soft drinks giant Coca-Cola is partnering with Japanese beverage firm Kirin to develop functional drinks, according to a Nikkei Asia report. The companies are said to be collaborating to create drinks that contain lactococcus lactis strain plasma (LC-Plasma), a postbiotic ingredient developed by Kirin Holdings that is claimed to boost immunity in healthy people. The […]
Brazil: Danone stops producing Bonafont bottled water in Brazil
FMCG giant Danone has announced it is ceasing production of Bonafont bottled waters in Brazil, including all of its activities in the Jacutinga plant in the state of Minas Gerais. According to a FoodBev report, the decision is line with Danone’s decision to focus on dairy and plant-based products and specialised nutrition in the country, which are described […]
USA: Coca-Cola launches Dreamworld variety
Coca-Cola has announced Dreamworld, the latest offering within its Coca-Cola Creations concept. According to a company press release, Coca-Cola Dreamworld, which also comes in a zero sugar version, “explores the realms of the surreal, the imaginary, and the otherworldly” offering “a surprising and unexpected flavor from a dream world”. Commenting on the launch, Alessandra Cascino, creative […]
USA: PepsiCo invests $550 million in Celsius Holdings
PepsiCo, the leading US consumer goods firm, has announced a distribution agreement and the acquisition of $550 million stake in energy drink company Celsius Holdings at the price of $75 per share, corresponding to 8.5% ownership of the company. Celsius is a US global consumer packaged goods company that produces lifestyle energy fitness drinks. With this […]
USA: PepsiCo announces plant expansion
FMCG giant PepsiCo has announced the acquisition of 152 acres of land in the Denver Development Area that will be used for a new 1.2 million sq ft manufacturing facility. According to sources, the new plant will be PepsiCo Beverages North America’s largest and most sustainable. The new facility will replace a manufacturing plant in the […]
USA: Keurig Dr Pepper acquires non-alcoholic cocktail brand
Keurig Dr Pepper have recently announced the acquisition of the non-alcoholic cocktail brand Atypique from Station Agro-Biotech. The agreement made for the acquisition has both Keurig and Station Agro-Biotech fuel the growth of Atypique using the research done by Station Agro-Biotech in the product category and Keurig’s sales network. Chief financial officer for the international […]
Canada: Coca Cola to invest in Lower Mainland region
Coca Cola Canada Bottling has announced its plans to invest nearly CAD$42 million ($32 million) into the Lower Mainland region’s operations due to growing demand in British Columbia and to help their capability in the region. According to sources, the investment will be applied to create a new manufacturing line in the Richmond plant, allowing […]
USA: Athletic Brewing opens non-alcoholic brewery
US firm Athletic Brewing Company has officially started production at its 50,000 square foot new facility in Milford, Connecticut. Athletic Brewing is one of the country’s largest non-alcoholic beer producers and it has experienced exponential growth over the past five years, producing 1.4 million cases of beers in 2021. It is expected that with this […]
UK: Minor Figures attracts investment from Danone and Green Monday
Uk based Oat-milk business Minor Figures has received a minority investment from Danone Manifesto Ventures (DMV) and Green Monday Group, a plant-based food business. Founded in 2015, with offices in the US and Australia as well, Minor Figures produces barista oat milk for retail and coffee shops under its own brand name, RTD coffees and […]
USA: New Berlin Beverage acquires iced tea maker Minna
New Berlin Beverage, a recently founded holding company with a focus on emerging and innovative beverages, has announced the acquisition of Minna, a line of sparkling iced teas. Minna’s portfolio consists of various types of sparkling tea, including fruity flavours such as cherry cacao green tea and pineapple passion fruit tea. CEO of New Berlin […]