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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Funding
Suntory PepsiCo opens $300m manufacturing site in Tay Ninh, Vietnam
Suntory PepsiCo Vietnam Beverage has inaugurated its ‘largest and most advanced’ manufacturing facility in Asia, located in Tay Ninh, Vietnam.
Nestlé invests $696m to build new Nescafé facility in Thailand
Nestlé is investing CHF 563 million (approx. $696 million) into building a new Nescafé production facility in Thailand.
Suntory invests £14.5m in UK blackcurrant processing facility
Suntory Beverage & Food (SBF) GB&I has invested £14.5 million in a new blackcurrant processing facility in Herefordshire, as part of efforts to strengthen its UK supply chain for Ribena production.
Diamond Brew secures pre-seed funding to expand brewless coffee pods
Diamond Brew, a US coffee start-up specialising in shelf-stable, machine-free coffee pods, has closed an oversubscribed pre-seed funding round.
Ryl Tea secures $20m Series C as ‘modern tea’ category gains momentum
The Ryl Company, maker of the rapidly growing ready-to-drink iced tea brand Ryl Tea, has closed a $20 million Series C growth equity financing round.
Royal Cup secures $192m financing to acquire Farmer Brothers
Royal Cup Coffee and Tea has secured a $192 million senior secured credit facility to support its acquisition of Farmer Brothers Coffee and provide working capital for the combined business.
VenHub opens second Las Vegas facility to accelerate autonomous store rollout
VenHub has opened a second and larger production and assembly facility in Las Vegas, expanding its manufacturing capacity as demand for its autonomous Smart Store technology continues to grow.
Melitta Group invests €100m in Bremen coffee roasting expansion
The Melitta Group has announced plans to invest more than €100 million into its coffee production site in Bremen, Germany, as part of its long-term growth and internationalisation strategy.
Drip Water targets $5m raise to accelerate US expansion
Drip Water is seeking to raise between $3 million and $5 million through convertible bridge notes to support its US expansion strategy following a series of sports partnerships and retail launches across the American market.
Atlantic Grupa takes minority stake in Waterdrop with €11m investment
Atlantic Grupa has invested €11 million in hydration brand Waterdrop, acquiring a minority stake and securing a seat on the company’s investment committee.
Green Coffee raises $5m as retail investor base expands alongside US growth
Green Coffee Company, a US-based coffee firm with operations in Colombia, has closed a $5 million Regulation Crowdfunding (Reg CF) campaign hosted on DealMaker’s platform, attracting more than 2,000 retail investors across the United States.
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