Beverage News

  1. Infinity Asset Solutions And New Mill Capital Holdings Purchase Philadelphia Area Food Plant
    1/3/2019

    A Joint Venture of Infinity Asset Solutions of Concord, ON (www.infinityassets.com) and New Mill Capital Holdings of New York (www.newmillcapital.com) has acquired the former Hain Celestial frozen food production plant in West Chester, PA. The acquisition includes the real estate as well as all cold storage equipment and infrastructure 

  2. The Coca-Cola Company Completes Acquisition Of Costa From Whitbread PLC
    1/3/2019

    The Coca-Cola Company today announced that it has completed the acquisition of Costa Limited from Whitbread PLC. The $4.9 billion transaction follows approval from regulatory authorities in the European Union and China. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190103005331/en/ The acquisition was first announced on Aug. 31, 2018. Costa, which has operations in more than 30 countries, gives Coca-Cola a significant footprint in the global coffee business. Worldwide, the coffee

  3. Global Metal Cans Market For The Food And Beverage Industry 2018-2022 | Advantages In Metal Packaging To Boost Demand | Technavio
    12/31/2018

    Technavio analysts forecast the global metal cans market for the food and beverage industry to grow at a CAGR of over 3% during the forecast period, according to their latest market research report

  4. Iris Nova Raises $15M, Selling A Portfolio Of Beverage Brands Worldwide Through A Direct, Text Message Based Platform
    12/21/2018

    Iris Nova is building a next-generation consumer goods company, with a vision to reshape the future of the $1 trillion global non-alcoholic beverage industry. The company utilizes a tech-enabled, SMS-based sales and communication platform that facilitates frictionless direct-to-consumer transactions. Iris Nova applies shared technology, operational infrastructure and data across a portfolio of beverage brands, supporting rapid product innovation based on consumer demand. Today Iris Nova announced a $15M round of seed funding to expand

  5. Praxair Surface Technologies Honored With Pratt & Whitney 2018 Supplier Sustainability Award
    12/20/2018

    Praxair Surface Technologies (PST) received Pratt & Whitney’s 2018 Supplier Sustainability Award. This award is given yearly to recognize a Pratt & Whitney supplier that demonstrates exemplary commitment to environmental sustainability. Pratt & Whitney is a world leader in the design, manufacture and service of aircraft and helicopter engines, and auxiliary power units 

  6. AB InBev And Tilray Announce Research Partnership Focused On Non-Alcohol THC And CBD Beverages
    12/19/2018

    Today, AB InBev, the world’s leading brewer, and Tilray, a global pioneer in cannabis production and distribution, announced a partnership to research non-alcohol beverages containing tetrahydrocannabinol (THC) and cannabidiol (CBD) 

  7. nVent HOFFMAN Launches Innovative Solution For Food & Beverage Industry To Maximize Uptime And Reduce Operating Costs
    12/19/2018

    nVent Electric plc (“nVent”), a global leader in electrical connection and protection solutions, announced the launch of nVent HOFFMAN HyShed, an innovative total sanitary enclosure solution 

  8. Coca-Cola FEMSA Completes Two-Year Supply Chain Transformation Journey With JDA
    12/18/2018

    Coca-Cola FEMSA is the largest franchise bottler of Coca-Cola in the world, and it operates 67 manufacturing plants and 344 distribution centers, serving more than 2.8 million points of sale 

  9. Diamond CBD, POTN Subsidiary, Enters The $46 Billion Coffee Market With The Release Of Premium Line Of CBD-Infused Coffee & Tea K-Kup Capsules
    12/14/2018

    Diamond CBD Inc., wholly owned subsidiary of PotNetwork Holdings, Inc. (OTC Pink: POTN), a leader in hemp extraction and innovative CBD products for the wellness market, enters the Coffee segment, an industry expected to reach revenues of $46 Billion in 2018. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181214005308/en/ Experience a cup of Chill (Photo: Business Wire) Produced in accordance with a universal K-Cup design, these pods fit in almost all

  10. Morgan Stanley Capital Partners Completes Sale Of Hojeij Branded Foods
    12/11/2018

    Investment funds managed by Morgan Stanley Capital Partners (MSCP) recently announced the sale of their majority interest in Hojeij Branded Foods (HBF), a leading North American airport food and beverage concessionaire, to Lagardère Travel Retail (Paris:MMB) for $330 M