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As minority shareholders, the new investors will join the company’s existing partners, including Verlinvest-CR JV and the company’s founders, on Oatly’s dynamic journey. As part of this transaction, Oatly’s founders will also be reinvesting in the company’s growth by providing additional capital.

Diageo, makers of Johnnie Walker, Smirnoff and Guinness, announced that it has created the world's first ever 100% plastic free paper-based spirits bottle, made entirely from sustainably sourced wood. The bottle will debut with Johnnie Walker in early 2021.

Coffee specialties like cappuccino, latte macchiato and café au lait are all characterized by a creamy milk foam. CAVAMAX ® W6 cyclodextrin from WACKER improves the foaming properties of these barista toppings. Thanks to CAVAMAX ® W6, the toppings whether dairy or plant-based, feature a high foam volume, uniform structure and long-lasting stability.

New handcrafted offerings include the unveiling of six refreshing, hand-shaken iced tea beverages made with real fruit pieces and fruit puree, Strawberry Lemon Black Tea, Yuzu Citrus Black Tea, Tropical Berry Green Tea, Pineapple Citrus Green Tea, Citrus Hibiscus Tea, and Berry Hibiscus Tea, as well as the limited-edition Strawberry Vanilla Cold Brew and Citrus Cremesicle Cold Brew.

Vie-Del Company, a family-owned grape processor and supplier of bulk juices, concentrate, brandy, wine and spirits in Fresno, Calif., announced that it signed a definitive agreement with Constellation Brands US Operations, Inc., a wholly-owned subsidiary of Constellation Brands, Inc., to acquire CBUSO’s grape concentrate and high-color concentrate business.

The hot drinks market topped $250B globally in 2018, and is expected to maintain an annual growth rate of 6% until at least 2025.

KidsLuv, a vitamin enhanced, zero sugar kids’ beverage, introduced its newest flavor, Peach Me, I’m Orange. The new flavor will join the brand’s two existing flavors, Flying Fla-Mango and Starstruck Coconut.

Alland & Robert, international leader on the acacia gum market, and Biolaffort, leader in private research in oenology, have partnered to study the many properties of this 100% vegetable and natural gum widely used in the oenology sector.

Idaho Milk Products will be offering virtual tours of their Milk Innovation Center (MIC) that includes a state-of-the-art processing area, an instrumental lab and a multi-purpose room for product evaluations and conferencing. The virtual tours will primarily focus on the process formulations for Ready-to-Drink (RTD) beverages, protein bars and ice cream.