Anheuser-Busch said it will sell its distribution operation in Hawaii to the Odom Corporation, which is also a Coca-Cola franchise bottler in the state. Odom also distributes beverages in Alaska, Washington, Idaho, and Oregon.
Nestle and Starbucks have expanded an international coffee partnership for packaged and food service products to ready-to-drink products in Southeast Asia, Oceania, and Latin America, Reuters reported. The agreement between the companies was first forged in 2018. In the US, PepsiCo has the rights go ready-to-drink Starbucks products as part of a joint venture.
Unilever CEO Alan Jope said the company has completed the operational separation of its global tea business, which includes the Lipton brand. The unit now has dedicated leadership and has benefitted from the new focus, Jope told investors during a July 22 earnings conference call. Nine tea factories are being moved into the new division. Unilever will soon “engage externally” to decide a possible initial public offering spin off, sale, or partnership for the tea business, Jope said, adding that the timeline will depend on which avenue is decided. PepsiCo and Unilever have Lipton ready-to-drink tea joint ventures in the US and Canada, as well as overseas.
Jones Soda announced the company is ready to produce and sell cannabis-infused beverages, edibles, and other products with capital arranged by minority investor SOL Global Investments.
Red Bull and co-packer Rauch North America are developing a 2 million-square-foot, $740 million beverage manufacturing, filling, and distribution facility in Concord, North Carolina, according to the governor’s office. This comes as the companies open a similar facility in Glendale, Arizona. On Tuesday, Ball pledged $384 million to join the North Carolina project.
© 2022 Beverage Digest.
Design, CMS, Hosting & Web Development :: ePublishing