Articles Tagged with ''beverage industry''

Dr Pepper Snapple Group Inc. (DPS), Plano, Texas, has reached an agreement to acquire Bai Brands LLC, Princeton, N.J., and its complete portfolio of high-growth premium antioxidant-infused beverages. The cash purchase price of $1.7 billion includes a tax benefit of approximately $400 million on a net present-value basis and will be financed through new unsecured notes and short-term commercial paper, the company says.

Adding to its portfolio of aloe vera-based consumer packaged goods, Rilassati LLC launched Curaloe, a pure aloe vera juice.

R.W. Knudsen Family® launched a new flavor in its celebratory beverage portfolio, Sparkling Glogg. Sparkling Glogg is a flavor inspired by a traditional seasonal Scandinavian beverage.

Steaz is experiencing changes in its top ranks. As the company marks the departure of co-founder Steven Kessler, it welcomes the addition of Jody Cook, who assumes the new role of vice president of sales.

Dairy alternative based food and beverages are increasingly being consumed by lactose intolerant and vegan individuals.

Competitively priced and Kosher certified, these convenient and cholesterol-free powders make an addition to coffee with the push of a button.

Dr. David Ryder, an accomplished brewer, will join City Lights Brewing Company in the newly created position of "Chief Innovation Officer."

Nitro Cold Brew is cold right out of the tap so it is served without ice and as with Cold Brew, it's served unsweetened to highlight the flavor.

Brynwood Partners VII L.P. announced that its majority-owned portfolio company, Harvest Hill Beverage Company, has acquired the beverage manufacturing assets of Faribault Foods, Inc. Based in Stamford, Conn., Harvest Hill was formed in June 2014 to acquire the Juicy Juice brand from Nestlé USA, Inc. Terms and conditions of the transaction, which closed today, will not be disclosed.