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
Funding
Lucky Energy secures $25m in oversubscribed Series B round to fund nationwide expansion
Lucky Energy has closed an oversubscribed $25 million Series B funding round led by Paine Schwartz Partners, with participation from North Fifth Services, LLC, Sequel and Joyance Partners, alongside existing investors.
Trip valued at $300m following latest $40m investment round
Functional beverage brand Trip has reached a $300 million valuation after securing $40 million in new funding from a roster of celebrity investors and growth-stage capital partners.
Primo Brands breaks ground on new Mountain Valley Spring Water facility in Arkansas
Primo Brands Corporation has broken ground on a new production facility in Hot Springs, Arkansas, to expand capacity for its premium bottled water brand, The Mountain Valley.
Radnor Hills invests £5m in new Tetra Pak line to boost production capacity
Welsh soft drinks manufacturer Radnor Hills has completed a £5 million investment at its Knighton, Powys site, installing the UK’s first Tetra Pak speed portion pack line with the latest technology upgrade.
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.
PepsiCo inaugurates new canning line in Romania following $8.5m investment
PepsiCo has inaugurated a new beverage canning line at its Dragomirești-Deal plant in Ilfov County, Romania, following an $8.5 million investment.
Suntory Beverage & Food France to close La Courneuve facility
This decision is part of a broader plan that includes an investment of over €170 million by 2030 to adapt to market dynamics and address rising production costs.
Kerry Group to open first Pennsylvania coffee plant in Lehigh Valley
Kerry Group is set to open its first Pennsylvania manufacturing facility in Hanover Township, Northampton County.
Popeyes announces plans for 300 new restaurants in Mexico over next decade
Popeyes has announced plans to expand its presence in Mexico with over 300 new restaurants across the Northwest, West, Central and Southeast regions over the next decade.
Red Bull, Rauch and Ball Corp to build $1.5bn beverage campus in North Carolina
Red Bull, Rauch North America and Ball Corporation are set to break ground on a $1.5 billion manufacturing and distribution campus at the former Philip Morris site in Concord, North Carolina.
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