Keurig Dr Pepper followed its surprise $50 million November investment in
 Athletic Brewing with a far larger deal in December – an $863 million investment in C4 performance energy drink maker Nutrabolt. KDP also becomes Nutrabolt’s long-term sales and distribution partner. While ready-to-drink C4 ...

A collection of key deals from around the industry so you don't miss a beat...

Major US non-carbonated beverage categories generated higher pricing at retail during the first nine months of 2022, which lead to dollar gains in all categories tracked by BD. While volume fell for all categories except plain bottled water, the declines did not show accelerated erosion compared to the six-month trend. Sports drinks and plain bottled...

Niagara Bottling, one of the largest beverage manufacturers in North America, is seeing a continued shift by brands from hot fill and retort beverage processing to aseptic processing for beverages that are sensitive to certain microorganisms that could cause spoilage. Aseptic filling uses high temperatures for a short period of time to sterilize a beverage liquid. The liquid is then cooled to ambient temperatures and placed into a sterilized package within a sterilized processing environment until capped and sealed. Hot fill and retort methods, also used to package drinks that contain few or no preservatives, require heavier packaging, including glass, to withstand high temperatures for longer periods and during the filling process. According to Niagara VP of Commercialization...

PepsiCo will unveil a new lemon lime soda called Starry at the annual NACS show for convenience store operators that starts today, according to company sources. While details are scarce, BD has learned that the drink is a new brand within the lemon lime soda category dominated by Coca-Cola’s Sprite. Starry will include regular and zero sugar versions, according to the sources. It will be available nationally starting in...

PepsiCo-owned SodaStream is evaluating how to expand its March launch of Pepsi syrup mixes beyond California, US General Manager Mark Fenton told BD in an interview.

BD spoke with Blue Cloud General Manager Emiliano Di Vincenzo to seek additional clarity and to update progress with both Hard Mtn Dew and Blue Cloud. Hard Mtn Dew distributor Blue Cloud Distribution, set up last year by PepsiCo, is currently delivering products in nine states, according to the company. Blue Cloud Distribution also has secured federal alcohol wholesale permits in...

A collection of recent developments from around the industry to keep you up to speed...