All news articles for August 2020

getty | dimitrii ivanov

Cranberry juice may help reduce risk of stomach ulcers

By Nikki Hancocks

Consuming cranberry juice twice daily reduces the risk of an infection which can lead to stomach ulcers, according to a new clinical trial supported by a grant from the Cranberry Marketing Committee (CMC),

Chinese dairy company Mengniu purchased Australian company Bellamy's last year, but could not complete a deal for Lion Dairy & Drinks.

Mengniu pulls plug on Lion deal

By Jim Cornall

In November 2019, China Mengniu Dairy Company Limited announced the planned acquisition of Lion-Dairy & Drinks (LDD) Pty Ltd in Australia.

Coca-Cola names new president of Coca-Cola North America

NEWS IN BRIEF

Coca-Cola names new president of Coca-Cola North America

By Mary Ellen Shoup

The Coca-Cola Company has named Alfredo Rivera as president of Coca-Cola North America. Rivera most recently served as president of the beverage giant's Latin America group overseeing business operations across 40 countries.

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Editor's Spotlight: Startup Focus

Adaptogenic drinks bring ancient wisdom to the table

By Nikki Hancocks

A health and hospitality enthusiast with a passion for naturopathic nutrition is bringing the ancient wisdom of medicinal mushroom to the modern consumer with her new range of adoptogenic alcohol-free beers.

Flavored water brand Hint closes $25m Series D financing round

News in brief

Flavored water brand Hint closes $25m Series D financing round

By Elaine Watson

Flavored water brand Hint has closed a $25m Series D financing round led by Springboard Growth Capital and supported by Philippe Laffont, Linnea Roberts’ Gingerbread Capital and Emiliano Román’s Medina Heights Capital Partners.

Garage Hard Seltzer launched in Norway in May. Pic:Carlsberg.

Carlsberg trials hard seltzers in Norway and Singapore

By Rachel Arthur

Carlsberg is exploring the global potential of the hard seltzer category with the launch of products in Norway and Singapore. ‘It’s still early days, but we are positive of the opportunity’, says the brewer.

Diageo to acquire Ryan Reynolds Aviation Gin

Diageo to acquire Ryan Reynolds’ Aviation Gin

By Rachel Arthur

Diageo will acquire Aviation American Gin, which is co-owned by actor Ryan Reynolds, through the acquisition of Aviation Gin LLC and Davos Brands LLC in a $610m deal.

Dark days for Scotch whisky as US tariff remains in place

Whisky, beer and gin industries, Walkers Shortbread and Government respond on US tariffs

US tariffs wipe £300m off Scotch whisky exports

By Rod Addy

US tariffs have wiped £300m off Scotch whisky sales, with losses set to grow as it emerged they would be kept in place for what is one of Scotland's staple exports.

The new ingredients are suitable for a instant beverages such as 3-in-1 coffee, ready-to-drink canned coffee, canned milk, flavored milk drinks, soups and sauces. Pic: Ingredion

New Ingredion starches support simpler labels

By Jim Cornall

Ingredion has launched new Novation Indulge 3620 and 3820 starches to meet consumers’ demand for clean and healthy eating while providing sensory attributes like smoothness, creaminess and a rich mouthfeel.

Pic:getty/viewapart

C&C Group rebrands its business in Ireland

By Rachel Arthur

C&C Group plc is rebranding its business in Ireland to combine its two main operating businesses - C&C Gleeson and Bulmers Limited - under the unified trading name of Bulmers Ireland.

Getty | burakkarademir

Study: Coffee provides very limited anti-inflammatory benefits

By Nikki Hancocks

Regular caffeine consumption induces very limited anti-inflammatory effects, while sedentary behaviour and body fat accumulation induce significant inflammatory effects, according to a new study involving nearly 250 men and women.