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
Lucozade cuts plastic with new £6.3m bottle redesign
Suntory Beverage & Food GB&I (SBF GB&I), the maker of Lucozade, has invested £6.3 million in redesigning its Lucozade Energy bottles,...
JDE Peet’s sells Turkish tea unit, halts L’or barista rollout in US
JDE Peet’s has sold its tea business in Turkey to Efor Holding for an undisclosed sum. The company has also decided to discontinue the planned rollout of its L’or Barista coffee machines in the US.
Flash Coffee raises $3m to expand across Indonesia
Indonesia-based coffee chain Flash Coffee has secured an additional $3 million in funding to support its national expansion.
AquiSense secures Series A investment to accelerate growth in water treatment
AquiSense, a provider of UV-C LED disinfection systems, has secured a Series A investment round led by Burnt Island Ventures, following a recent management buyout.
Heineken UK invests in Tenzing, marking entry into energy drink sector
In a strategic move to diversify its portfolio, Heineken UK has made a minority investment in Tenzing, a natural energy drink brand recognised for its plant-based offerings.
Harry Brompton’s secures £2m investment to fuel UK and international expansion
Premium British iced tea brand Harry Brompton’s has secured £2 million in growth capital from private investment office Traditum, fuelling its expansion across the UK and international markets.
Nestlé announces investment to expand coffee factory in Vietnam
Nestlé Vietnam has announced an investment of nearly VND 1,900 billion (approx. $73 million) to expand its Tri An coffee processing factory in Dong Nai province.
Chinese tea firm Chagee to raise $400m in US IPO - Financial Times
Chinese tea chain Chagee is pressing ahead with plans to raise nearly $400 million in a US initial public offering this week, according to the Financial Times.
The Ryl Company secures $15m in Series B funding to accelerate expansion and innovation
The Ryl Company, owner of functional iced tea brand Ryl Tea, has secured $15m in Series B funding to fuel its innovation and expansion across the US.
Hi Auto raises $15m to expand AI drive-through tech for fast food chains
Israeli AI-powered voice tech start-up Hi Auto has raised $15 million in Series A funding round to accelerate the rollout of its automated drive-thru ordering system for quick-service restaurants (QSRs).
ROR Coffee Solutions secures AED 30m investment to fuel expansion
ROR Coffee Solutions, has secured an AED 30m (approx. $8.2m) investment to fuel its expansion and innovation plans over the next five years.
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