News & Analysis for the Beverage Industry
NEWS IN BRIEF
Vertically integrated and socially-conscious tea company, Vahdam Teas, secured $2.5m in its Series B funding round led by Fireside Ventures to ramp up its customer acquisition rate and fuel its direct-to-consumer business in the US.
Jacobs Douwe Egberts and Valedo Partners Fund II have announced that Jacobs Douwe Egberts will acquire the out-of-home coffee business JOBmeal in Sweden and Finland.
‘The emerging cannabis space is potentially one of the most significant global growth opportunities of the next decade’
Beer and wine giant Constellation Brands made headlines this year by announcing its investment of $4bn USD in Canadian cannabis company Canopy Growth. Rob Sands, CEO of Constellation Brands, says that the cannabis space is opening up much more rapidly...
“Our goal is to transform Dunkin' into a beverage-led, on-the-go brand.”
In a week of major changes, Dunkin’ Donuts confirmed it’s dropping the ‘Donuts’ from its name, launches its first canned RTD beverage and announces a limited edition coffee beer in collaboration with Harpoon Brewery.
Processing innovation: Tokyo Pack 2018
Beyond 2030 it is difficult to identify F&B packaging milestones because of changing technology and consumer lifestyles, says ICPPJ.
News in brief
German packaging and bottling machine manufacturer Krones AG has acquired US-based processing equipment company Sprinkman.
Foreseeing that hojicha will become one of the most popular tea varieties, Canadian start-up Hōjicha Co is devoting its resources to sell only hojicha products.