News & Analysis for the Beverage Industry
GreenSpace Brands has announced the purchase of Canadian organic juice maker Nothing But Nature for the “total consideration of approximately $8.88m and $9.88m.”
A coalition of major food industry bodies have made a pact with the Norwegian government to help improve public health by reducing high fat, sugary and salty foods (HFFS).
The future is looking bright for microalgae in the beverage space as Algatechnolgies (Algatech), manufacturer of non-GMO astaxanthin, was chosen as the sole algae player of the pan-European Food4Future initiative.
Ball Corporation will close its Reidsville, North Carolina, beverage packaging plant next year.
Muscle Milk has dismissed allegations in a New York federal court that it was intentionally underfilling its protein powder products by 30% in non-transparent containers.
China
Starbucks has partnered Chinese online and app giant Tencent Holdings to create a new social gifting feature on WeChat, China’s leading mobile social communications service.
Anheuser-Busch InBev has agreed to sell the former SABMiller businesses in Poland, the Czech Republic, Slovakia, Hungary and Romania to Asahi for €7.3bn ($7.75bn).