Blank Street in early talks to raise over $100m – FT reports

Café chain Blank Street is in early-stage discussions to raise more than $100 million in fresh funding as it looks to accelerate expansion, according to the Financial Times.

Sun Cruiser expands RTD range with white tea and vodka line

Sun Cruiser has entered into the non-carbonated vodka tea segment with the launch of a new ready-to-drink (RTD) product, White Tea + Vodka.

Starbucks completes China joint venture with Boyu Capital

Starbucks has completed its previously announced joint venture with Boyu Capital, advancing its long-term growth strategy in China.

KDP secures controlling stake in JDE Peet’s, appoints Rafael Oliveira to lead coffee spin-off

Keurig Dr Pepper has acquired a 96.22% stake in JDE Peet’s, marking a transformative step in its strategy to build a scaled, global coffee platform while preparing to split its business into two standalone public companies.

Volvic enters functional hydration with Vitamin+ launch in UK and Ireland

Volvic is launching a new functional water range, Volvic Vitamin+, marking its entry into the functional hydration segment in the UK and Ireland.

Carlsberg Britvic expands J2O range with sparkling line

J2O is extending its portfolio with the launch of a new sparkling range, available in Apple & Raspberry and Apple & Mango flavours.

Coca-Cola system to invest $1bn in South Africa by 2030

The Coca-Cola system in South Africa plans to invest ZAR 17.6 billion (approx. $1 billion) in the country by 2030.

Monin launches matcha concentrate as demand for functional drinks grows

Monin has introduced a new Matcha Green Tea concentrate, targeting continued growth in the global matcha category.