Cott sells S&D Coffee & Tea to Westrock Coffee for $405 million

Coca-Cola sales fall 28% July 21, 2020

According to The Wall Street Journal, Coca-Cola Co. said it believes the biggest challenges of the pandemic are behind it, despite the current surge in coronavirus cases in many parts of the United States.

Oatly receives a $200 million equity investment led by Blackstone Growth July 14, 2020

Oatly, maker of oatmilk, has received $200 million in equity led by Blackstone Growth.

Diageo to launch Johnnie Walker in 100% plastic-free, paper-based bottle July 13, 2020

Diageo, makers of Johnnie Walker, Smirnoff, and Guinness, has created a 100% plastic-free and paper-based spirits bottle, made entirely from sustainably sourced wood.

Sonoma Brands acquires Chef’s Cut Real Jerky Co. July 10, 2020

Sonoma Brands, a private equity investor and incubator focused on emerging consumer brands, has completed the acquisition of Chef’s Cut Real Jerky Co. for an undisclosed amount.

Nespresso to expand its production center in Switzerland July 8, 2020

Nespresso has announced a CHF 160 million (approximately $170.5 million) investment to expand its Romont production center in Switzerland to meet increasing consumer demand for its premium coffees and support international development in the coming years.