Sees No Dr Pepper Move from KO, PEP; Opportunity in Energy, Hydration; Strong Allied Brand Strategy.
December 17, 2019
Keurig Dr Pepper Chief Commercial Officer Derek Hopkins has been as close as anyone to the merger of Keurig Green Mountain and Dr Pepper Snapple. Hopkins served as chief integration officer for the transaction and before that was president of Keurig Green Mountain’s US business. His experience in the global beverage industry is deep, with stints at Coca-Cola, AB InBev, Bacardi and Guiness Diageo. The following is a recap of his Future Smarts conference interview in Dec. 9 in New York.
Beverage incubator LA Libations has sold a 49% investment stake to Molson Coors. The brewer wants to diversify its beverage portfolio to include more non-alcoholic offerings as beer sales lag. Coca-Cola had a 25% stake in LA Libations before
Meanwhile, Could Femsa Really Sell Stake in Coke Bottler?
November 13, 2019
During an Oct. 28 conference call with analysts, Femsa CEO Eduardo Padilla said the Mexico-based company remains interested in expanding into the US convenience store market. The company, which controls Latin American bottler Coca-Cola Femsa, also owns Oxxo, the largest chain of convenience stores in Mexico and Latin America with about 18,000 locations. Padilla’s comment was in response to
Bang Energy founder and CEO Jack Owoc appears to be proceeding with plans to launch a new “pre-workout energy drink” under a trademark “Reign.” The name was at the center of a lawsuit filed last spring by Bang parent company Vital Pharmaceuticals against Monster Beverage...
Two Years After Refranchising, Bottler Hits Stride in US
September 17, 2019
The past year has been good for Coca-Cola Southwest Beverages (CCSWB). The Dallas-based bottler, controlled by Mexico’s Arca Continental, took home the 2019 Candler Cup as Coca-Cola’s best bottler of the year globally. Before that, CCSWB was named Coke North America’s 2018 Market Street Challenge winner as the most improved bottler. And Southwest’s McAllen, Texas production plant earned a President’s Quality Award as CCNA’s No. 1 facility. The accolades rolled in just two years after Arca entered the US market as part of Coke’s massive refranchising of company-owned bottling assets in the US and Canada. In its first year, CCSWB faced Hurricane Harvey, which caused extensive flooding and damage in Houston, a key market. The bottler also faced soaring commodity costs. BD visited Houston recently for a curated market tour that served as a victory lap of sorts. The day was hosted by Coke Southwest executives including COO Jean Claude Tissot, a 21-year veteran of the Coca- Cola system in Latin America. The following recap includes images from the tour and commentary...
‘It Will Just Escalate and Never Go Away.’ ‘We’re Actually Coming Around to the Notion.’
August 9, 2019
Plastic packaging waste may now pose the single-biggest risk to profitability for the global beverage industry. Some US industry leaders have suggested behind the scenes that a national per-package fee could help fund solutions faster. But would such a proposal ever fly among some of those who will be most affected – independent US Coca-Cola and PepsiCo bottlers? To find out, BD asked...
Plus, Gatorade ‘Not Shying Away from CBD’ as Possible Ingredient
June 28, 2019
Gatorade SVP and GM Brett O’Brien gave BD an exclusive look this week at PepsiCo’s new Bolt24 hydration beverage (BD 5/21/19). The product will begin shipping in time for a July 10 launch tied to ABC’s ESPY athlete awards. Bolt24 is...