New data from The Consumer Goods Forum (CGF) show that more than 180,000 consumer goods products were reformulated in 2016, while more than 30,000 communities worldwide have been involved in … Continue Reading →
Bottled water passed a major milestone in 2016, when it surpassed carbonated soft drinks to become the largest beverage category by volume in the United States. IFT Daily News
After more than 15 years, Nestlé and Coca-Cola have agreed to dissolve their Beverage Partners Worldwide (BPW) joint venture, as of Jan. 1, 2018. IFT Daily News
According to Bloomberg, Philadelphia’s six-week-old tax on sweetened beverages is already taking a toll on drink distributors and grocers, with some reporting sales drops of as much as 50%. IFT … Continue Reading →
According to Gulf Business, PepsiCo plans to open one of its largest manufacturing plants in the Jeddah, Saudi Arabia. IFT Daily News
Brynwood Partners VII L.P. has announced that its majority-owned portfolio company, Harvest Hill Beverage, has acquired the beverage manufacturing assets of Faribault Foods. IFT Daily News
Coca-Cola, together with bottler Coca-Cola FEMSA, has entered into an agreement to acquire Unilever’s AdeS soy-based beverage business. IFT Daily News
Brynwood Partners has appointed Doug Gillespie as president and chief executive officer of Harvest Hill, a Brynwood Partners majority-owned portfolio company that has brands such as Juicy Juice, Little Hug, … Continue Reading →
IRI has announced 2015’s most successful consumer packaged goods (CPG) launches in its 2015 “New Product Pacesetters” report, a benchmark analysis of exceptional first-year CPG sales success for newly launched … Continue Reading →
An article published in the U.S. Centers for Disease Control and Prevention’s (CDCs) Morbidity and Mortality Weekly Report shows that almost one-third of U.S. adults consume at least one sugar-sweetened … Continue Reading →
