Beverage News

  1. Teledyne To Acquire The Gas And Flame Detection Business Of 3M

    Teledyne Technologies Incorporated  announced recently that it has submitted a binding offer for Teledyne to acquire the gas and flame detection business of 3M for $230M in cash 

  2. Wexxar Bel And Matrix Solve Labor, Productivity, And Space Problems For Flexible Packaging Lines At Expo Pack Guadalajara

    The new Flex E Pack is a one to two-person modular, end-of-line packing station, and it will be showcased as part of a joint venture between two ProMach product brands - Wexxar Bel(Booth #2008) and Matrix (Booth #2108) at Expo Pack , June 11-13 in Guadalajara, Mexico

  3. Silgan Announces Footprint Optimization In Metal Container Business

    Silgan Holdings Inc. announced recently that it is closing its metal container manufacturing facilities in Mt. Vernon, Missouri and Waupun, Wisconsin. The Company anticipates closing both of these facilities during the fourth quarter of 2019 

  4. LBP Manufacturing LLC Acquires Union Packaging, Expanding Folding Carton Capabilities

    LBP Manufacturing LLC (LBP) today announced it has acquired Union Packaging, a leading producer of fry cartons, chicken nugget boxes and other paper-based packaging products to national quick-service restaurants (QSRs). Financial terms of the transaction were not disclosed. Chicago-based LBP is a leading global producer of sustainable and innovative food and beverage packaging. The acquisition of Union Packaging, following LBP’s November 2018 acquisition of Dominion Packaging’s QSR segment, further expands LBP’s product offering to

  5. Watneys, Once Britain’s Top-Selling Beer, Is BACK And Raising Investment From The Crowd

    Watneys, once the UK’s biggest selling beer, is back with a difference. The beer, originally brewed in London in 1837, was once synonymous with a cheeky tipple in pubs around the country, especially their (in)famous Watneys Red Barrel. Watneys is now back having reinvented the iconic brand for the tastes of the modern drinker and with a fresh approach to tackle the UK’s craft beer industry. Since 2015, Watneys Beer Company has enjoyed success

  6. Elev8 Hemp Signs New Distribution Agreement

    InvestorsHub NewsWire -- Elev8 Brands, Inc. , a holding company focused on commercial development of hemp and cannabinoid-infused beverages as well as an array of CBD topicals and tinctures, is thrilled to announce a new business relationship with distribution company TAPPY, LLC 

  7. Finistere Ventures, OurCrowd, Tnuva, And Tempo Beverages Announce Partnership To Invest $100 Million In Israeli FoodTech And AgTech Innovation

    Finistere Ventures, a global agrifood investment leader, OurCrowd, Israel's most active venture investor, Tnuva, Israel’s largest food manufacturer, and Tempo Beverages, the leading Israeli beverage company, today announced the creation of the largest consortium focused on championing FoodTech and AgTech innovation in Israel. Centered on Israeli technologies throughout the food and beverage value chain – from alternative proteins and nutritional value improvements, to functional ingredients and supply chain efficiency – the consortium will invest

  8. Coca-Cola Updates Plans For Coca-Cola Beverages Africa, Including Intent To Retain Majority Stake In Bottler

    The Coca-Cola Company announced today that it will maintain its majority stake in Coca-Cola Beverages Africa for the foreseeable future 

  9. Global Instant Coffee Market To Surpass US$ 46.05 B By 2027 – Coherent Market Insights

    The global instant coffee market was valued at US$ 30.57 billion in 2018, and is projected to exhibit a CAGR of 4.7% over the forecast period (2019–2027), in terms of revenue. Key Trends and Analysis of the Instant Coffee Market: The instant coffee market is expected to witness substantial growth over the forecast period 

  10. Global Berries Market 2019-2023| New Packaging Trends To Boost Growth| Technavio

    The global berries market is expected to post a CAGR close to 6% during the period 2019-2023, according to the latest market research report by Technavio