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
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.
Vox AI secures $8.7m seed funding to expand autonomous voice tech for QSRs
Vox AI, a conversational voice AI platform designed for drive-thru and operational automation in quick-service restaurants (QSRs), has raised $8.7 million in seed funding.
Chick-fil-A to open first UK and Singapore restaurants as part of $175m global expansion
Chick-fil-A will open its first permanent restaurants in the UK and Singapore later this year, marking the start of a combined $175 million investment in the two markets over the next decade.
Nestlé launches first coffee concentrate production line in Asia at Malaysia facility
Nestlé has expanded its manufacturing capabilities in Malaysia with the addition of a new coffee concentrate production line at its Sri Muda factory, marking the company’s first such line in Asia.
Coca-Cola FEMSA invests more than $110m into Mogi das Cruzes facility in São Paulo, Brazil
Coca-Cola FEMSA is investing more than BRL 600 million (approx. $110 million) into its production plant in Mogi das Cruzes, São Paulo, Brazil.
Vintage Coffee to raise $25.1m for freeze-dried coffee expansion
Vintage Coffee and Beverages Limited (VCBL) has announced plans to raise INR 215.76 crore (approx. $25.1 million) through a preferential issue of equity shares and convertible warrants.
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