Keurig Green Mountain, Inc., an innovator in coffee brewing technology, announced it will acquire the remaining shares of rival beverage system Bevyz for approximately $220 million.
Succeeding where others have failed in recent years, residents of Berkeley, California overwhelmingly voted to impose a law taxing sugar-sweetened beverages, which includes sodas.
Britain’s Diageo, the world’s largest producer of spirits, has agreed to a swap deal with Jose Cuervo in which the company will sell its Bushmills whiskey brand to the tequila company for full control and ownership of the high-end Don Julio tequila brand.
More than 200 craft brewers have helped reduce their collective carbon footprint by 3 million kilograms of carbon dioxide emissions by sharing a pool of kegs instead of owning their own, according to a study by John Heckman with PE International and commissioned by MicroStar Logistics.
Despite an increase in organic revenue, rising sales and overall company growth, PepsiCo—which announced a higher quarterly profit Thursday—revealed sales in Mexico were down 3 percent, largely in part to new taxes on junk food.
Though fresh brewed iced coffee is the cold coffee beverage of choice, a growing number of consumers in the market for cold coffee are grabbing ready-to-drink (RTD) canned or bottled coffee, according to a recent study from Multi-sponsor Surveys.
The Coca-Cola Company and Energy Brands Inc. announced Monday they reached preliminary approval of a settlement agreement in a lawsuit challenging the labeling and marketing of its Glaceau vitaminwater brand.
Natural ingredients are the highlight of PepsiCo Inc.’s new beverage Pepsi True, a new microcalorie drink sweetened with real sugar and stevia leaf extract, as beverage companies continue to search for ways to win back customers to the soft drink market.