Refreshment focuses on the water dispenser/cooler, office coffee service and vending sectors, while also taking an in-depth look into products for vending from bottled water and drinks, to snacks and confectionery. It also focuses on hydration, health and wellness, new technologies and environmental and social responsibility issues.
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Research
Coffee & tea
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Business
A1R Water completes SPAC merger and secures $96m to expand production
Atmospheric water generation company A1R Water has completed its merger with Inflection Point Acquisition Corp III, paving the way for its Nasdaq debut.
Olipop appoints former Electrolit CEO Christian Patiño Webb as chief executive
Olipop has appointed former Electrolit CEO Christian Patiño Webb as its new chief executive officer, as the functional soda brand strengthens its leadership team to support its next phase of growth.
Nestlé confirms sale of Blue Bottle Coffee to Centurium Capital
Nestlé has agreed to sell its Blue Bottle Coffee business to private equity firm Centurium Capital, marking the latest step in the food giant’s ongoing portfolio reshaping.
McWin invests €5m in coffee subscription platform Incapto as part of €10m funding round
McWin Capital Partners has made a strategic investment in Incapto, a coffee-as-a-service platform targeting both households and businesses.
Harrogate Spring Water expansion plans blocked
Plans by Harrogate Spring Water to expand its bottling facility have been blocked by the local council, marking a setback for the company’s proposed development.
Tenzo secures $5m Series A extension to scale hospitality analytics platform
Tenzo, a real-time data and analytics platform for hospitality operators, has secured a $5 million first close of its Series A extension round, led by Edge VC.
Unity Coffee raises £2m to scale app-led automated coffee platform
Unity Coffee has raised £2 million in its second funding round, as the automated retail start-up looks to scale its app-led coffee model following pilot trials in London.
PepsiCo expands Gatorade beyond sport with hydration overhaul
PepsiCo has unveiled a new phase for its Gatorade brand, expanding its focus beyond traditional sports use as it looks to position hydration as part of everyday life.
McDonald’s eyes energy drinks and flavoured sodas in US beverage push – WSJ reports
McDonald's is preparing to expand into energy drinks and specialtiy sodas as part of a broader overhaul of its cold beverage offering in the US, according to a report by the The Wall Street Journal.
Exchange for Change sets aside £60m in grants for DRS retailers
Exchange For Change plans to allocate £60 million in grants over the first three years of the UK’s Deposit Return Scheme (DRS) to support small, independent retailers with the rollout of reverse vending machines (RVMs).
Blank Street in early talks to raise over $100m – FT reports
Café chain Blank Street is in early-stage discussions to raise more than $100 million in fresh funding as it looks to accelerate expansion, according to the Financial Times.
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