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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Mergers & Acquisitions
PayRange acquires KioSoft to expand cashless solutions for unattended retail
PayRange, a mobile-first commerce platform for unattended retail, has acquired KioSoft Technologies, a global provider of cashless payment and IoT solutions, for an undisclosed sum.
Sugarfina acquires US coffee chain Caffe Luxxe
US luxury candy brand Sugarfina has acquired Caffe Luxxe, a Los Angeles-based coffee roaster and café chain, through a 100% stock merger.
Nestlé reportedly considering sale of Blue Bottle Coffee
Nestlé is reportedly exploring the sale of its premium coffee chain, Blue Bottle Coffee, as part of a broader strategic review initiated by new CEO Philipp Navratil.
Unilever sells Graze to Candy Kittens' parent company Katjes International
In a move to streamline its portfolio, Unilever has announced the sale of its healthier snacking brand, Graze, to Katjes International, the parent company of the popular candy brand Candy Kittens.
Clearstone Capital acquires Canadian protein coffee brand Brüst Beverages
Toronto-based private equity firm Clearstone Capital has acquired Brüst Beverages, a Canadian producer of ready-to-drink protein coffee.
Starbucks forms $4bn joint venture with Boyu Capital to operate China retail business
Starbucks Coffee Company has entered an agreement with alternative investment firm Boyu Capital to form a joint venture that will operate the company’s retail business in China.
Boyu Capital frontrunner for Starbucks China stake
Private equity firm Boyu Capital has reportedly emerged as the leading contender to acquire a controlling stake in Starbucks’ China business, according to a Bloomberg report citing people familiar with the matter.
FreshBrew acquires White Coffee’s branded division
US coffee and tea roaster FreshBrew has acquired White Coffee Corp’s branded and licensed division, which includes a large portfolio of licensed bagged coffee and K-Cup products.
Coca-Cola Company sells controlling stake in African bottler to Coca-Cola HBC
The Coca-Cola Company and Gutsche Family Investments have announced the sale of a 75% controlling interest in Coca-Cola Beverages Africa to Coca-Cola HBC.
Starboard Value takes stake in Keurig Dr Pepper amid JDE Peet's acquisition
Activist investor Starboard Value has taken a stake in Keurig Dr Pepper, coinciding with the company's announcement of its plan to acquire European coffee maker JDE Peet's for approx. $18 billion.
Cropster acquires South Korea’s Firescope to expand reach in Asian coffee market
Coffee technology company Cropster has acquired Firescope, a South Korean developer of roasting software, strengthening its presence in the Asian speciality coffee market.
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