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.
Research
Coffee & tea

Business
UK sugar tax extended to include milkshakes and RTD lattes
The UK government has today (25 November 2025) announced an extension of the soft drinks industry levy to include high-sugar milk-based drinks.
Keurig Dr Pepper appoints former Campbell Soup CFO Anthony DiSilvestro as chief financial officer
Keurig Dr Pepper has announced the appointment of Anthony DiSilvestro as its new chief financial officer, effective immediately.
European Commission launches antitrust probe into Red Bull
The European Commission has opened an antitrust investigation to assess whether energy drinks company Red Bull has illegally restricted competition within the category.
Selecta Group faces antitrust lawsuit from minority lenders
A group of minority first-lien lenders has filed an antitrust lawsuit against Selecta Group, alleging that the vending giant and a cohort of majority creditors carried out a secretive restructuring that unlawfully disadvantaged non-participating noteholders.
Primo Brands appoints Eric Foss as chairman and CEO
Primo Brands Corporation has named Eric Foss as its new chairman and chief executive officer, effective immediately.
Tropicana appoints Paul Chibe as new CEO
Tropicana Brands Group (TBG) has appointed Paul Chibe as its new chief executive officer, effective immediately.
Keurig Dr Pepper receives $7bn investment to support business split and JDE Peet’s deal
Keurig Dr Pepper has received a $7 billion strategic investment, co-led by Apollo and KKR, to support its acquisition of JDE Peet’s alongside its split into two distinct businesses.
Buffalo Biodiesel secures $300m funding to expand renewable energy operations
Buffalo Biodiesel (BBD), a used cooking oil recycler and renewable fuel producer based in Buffalo, New York, has entered a $300 million capital and growth partnership with Verite Capital Partners (VCP) to accelerate its expansion across the eastern US.
EU proposes ‘simplifications’ to EUDR, December 2025 deadline to go ahead for ‘large and medium’ companies
The European Commission has proposed ‘targeted simplifications’ that aim to ensure the smooth implementation of the upcoming EU Deforestation Regulation (EUDR).
Dutch start-up Hulo raises €2.3m to advance AI-driven water leak detection
Hulo, a Netherlands-based water technology company developing AI tools to identify leaks in water networks, has raised €2.3 million in seed funding to support international growth.
Krispy Kreme opens first store in Madrid, expands internationally
Krispy Kreme has opened its first store in Madrid, Spain.
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