PepsiCo reports net revenues of US$14.82bn (+6.8%) in Q1 and expects to pick up pace in Q2, with the accelerated return of the foodservice channel
Heineken announces its commitment to become carbon neutral in its own production by 2030 and its full value chain by 2040
SIG Combibloc announces that it will invest around €40m to build a new production plant in Mexico, for the printing, cutting and finishing of carton packs
US supermarket chain Kroger announces the launch of what it claims is America’s first Customer Fulfilment Centre (CFC), using technology developed by Ocado
In the US, White Claw unveils its newest hard seltzer beverage White Claw Surge, which contains 8% alcohol as opposed to the traditional 5%
In the UK, sales of flavoured and functional water drinks fell 12% in 2020 to 450 million litres. 2021 UK Water Drinks Reports are now available to pre-order. Contact insight@zenithglobal.com
Diageo purchases US spirits-based ready-to-drink brand, Loyal 9 Cocktails, from Sons of Liberty Spirits Company
Private equity firm Ambienta acquires TasteConnection, a UK manufacturer of natural seasonings and flavourings for food applications
Hemp-infused beverage producer Good Hemp closes its acquisition of bottled high alkaline water provider, Diamond Creek Group
In the UK, Bacardi expands its ready-to-drink (RTD) offerings with Bombay Sapphire and light tonic and Bombay Bramble cans
The Coca-Cola Company and freezer bar manufacturer Jel Sert announce the US nationwide launch of Powerade Sports Freezer Bars
UK Soft Drinks Conference, 11 May. Over 20 speakers confirmed, including Asda, Britvic, Coca-Cola, Nestlé, Nichols and PepsiCo. Go to www.zenithglobal.com/eve…