Archives for September 18, 2017

Revive Kombucha finds ‘evergreen path’ to growth with Peet’s Coffee partnership, $7.5M financing

Seeking an “evergreen path” to growth while still protecting its mission, Revive Kombucha gave a seat on its board of directors to a top executive at Peet’s Coffee, which also led a $7.5 million series B financing round for the brand, according to...

Craft brewers are no lightweights in alcohol-free beer trend

It’s not just the big brands who are staking a claim in the NABLAB (non-alcoholic beer and low-alcoholic beer) sector; craft brewers such as UK-based St Peter’s are courting consumers with zero alcohol brews that claim to offer a fuller flavor. 

THIRD WAVE COFFEE

Blue Bottle acquisition gives Nestlé access to ‘quality obsessed coffee drinkers’

Nestlé’s recent acquisition of a 68% stake in California startup Blue Bottle Coffee is a departure from its usual business strategy when it comes to its coffee portfolio, according to Euromonitor. 

News in brief

Budweiser Prohibition to launch in the UK

AB InBev’s alcohol-free Budweiser Prohibition will be launched in the UK later this year.

Glanbia adds protein punch to hot drinks with heat stable & soluble hydrolyzed whey protein

With protein seeing continued interest from mainstream consumers, Glanbia Nutritionals has launched ProTherma: a hydrolyzed whey protein that can withstand high temperatures and therefore offer a protein punch in everyday hot beverages.