Cizzle Brands acquires Flow Water in $60.63m deal

Cizzle Brands has acquired 100% of Flow Water from RI Flow Sub in a transaction valued at approximately CAD 83.75 million (approx. $60.63 million), subject to customary post-closing adjustments.

Compass Coffee files for Chapter 11 bankruptcy, plans business restructure

Compass Coffee has filed for Chapter 11 bankruptcy protection as it restructures parts of its business to address lower foot traffic and rising costs in Washington, DC.

Aquablu launches personalised hydration system Aquablu Bold

Dutch scale-up Aquablu has launched Aquablu Bold, a new connected, stand-alone water dispenser designed to deliver personalised flavoured and functional hydration.

Unilever to sell Indonesian tea business for $89m

Unilever Indonesia has agreed to divest its tea business in Indonesia, including the SariWangi brand, to Savoria Kreasi Rasa, a subsidiary of Djarum Group.

Javvy Coffee expands protein range with creamer launch

Javvy Coffee has expanded its protein coffee portfolio with the launch of Javvy Protein Creamer, extending its existing Protein Coffee range.

Athlete investors back Waiākea as latest round raises $11m

A company spokesperson told Refreshment that the latest round raised $11 million in total, with McMillan, Williams and Grant contributing alongside other investors. Individual investment amounts were not disclosed.

Jade Leaf Matcha expands line with new Pistachio Matcha Latte Mix at Target

Jade Leaf Matcha, a premium matcha company, is set to launch a Pistachio Matcha Latte Mix. This new offering, which combines the smoothness of matcha with a creamy pistachio twist, will be exclusively available at Target, marking a significant expansion of the brand’s ready-to-mix latte line-up. Pistachio Matcha Latte Mix is designed for consumers seeking an on-trend, convenient and cost-effective alternative to café-style drinks. At a retail price of $10.99 for a package containing ten...

Fiddleheads Coffee joins FairWave as it plans long-term future

Fiddleheads Coffee has joined the FairWave Specialty Coffee Collective as it looks to secure its long-term future while maintaining its local roots.