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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- Regal Foods acquires soft drinks brand Suncrest
Regal Foods, a global food and beverage group headquartered in the UK, has announced its acquisition of soft drinks brand Suncrest. The acquisition, which was completed for an undisclosed sum, marks a key milestone in Regal Foods’ growth journey. It will expand the group’s portfolio of F&B products – which already includes bakery, confectionery, snacks and drinks – while creating new opportunities for growth in both UK and international markets. Headquartered in Bradford, Regal Foods operates across both the retail and foodservice sectors. Suncrest, founded in 1985, is well-known for its range of tropical fruit-flavoured beverages. Its soft drink offerings span across still and carbonated varieties, available in bottled and carton formats. Popular flavours within its portfolio include mango, tropical, lyche, guava, coconut water, aloe vera and the South Asian favourite, lassi. To coincide with the deal, Suncrest will feature a new bottled variant across Asda stores nationwide in the run-up to Diwali. It will be available in mango, tropical, lychee and guava flavours. Younis Chaudhry, CEO of Regal Foods, commented: “We are delighted to welcome Suncrest into the Regal Foods family. As a well-loved and recognisable soft drinks brand, Suncrest is a natural fit for our expanding beverage portfolio and supports our long-term growth strategy.” Chaudhry added that Regal aims to reintroduce Suncrest to consumers with a focus on NPD and innovation to drive the brand’s growth.
- Deliveroo CEO to step down ahead of DoorDash £2.9bn acquisition
Deliveroo founder and chief executive Will Shu has announced he will step down from the role after 13 years at the helm, as the company prepares to be acquired by DoorDash in a deal valued at £2.9 billion . Will Shu © Deliveroo Shu, who co-founded the London-based food delivery platform in 2013, confirmed he will remain in post until the transaction is finalised, expected on Thursday 2 October. "I have decided that now is the right time for me to step down as CEO of Deliveroo," Shu said in a statement. “I’m super proud of everything we have achieved together. Today, Deliveroo is delivering on our mission to transform the way people shop and eat. After 13 years, however, I want to consider my next challenge.” Reflecting on his early years at the company, Shu noted that he worked as a rider during Deliveroo’s first year of operations, and continued to make deliveries regularly. He paid tribute to the workforce, adding: “You have helped to make Deliveroo what it is today, making an extraordinary contribution every day in your local communities". The takeover by US-based DoorDash is expected to strengthen Deliveroo’s position in the competitive food delivery sector. Shu said the deal would also bring benefits for riders by boosting order volumes: “The acquisition will be good news for Deliveroo riders. DoorDash is one of the world's leading platforms in local commerce and we believe that, with them, Deliveroo will be better positioned to serve you, increasing your opportunity to earn through greater order volume.”
- Soufflet Malt introduces malt-based coffee alternative at Drinktec 2025
Soufflet Malt has unveiled a new malt-based coffee drink at Drinktec 2025 in Munich (15-19 September), positioning the innovation as a sustainable and caffeine-free alternative within the hot beverages category. Developed in collaboration with an internationally recognised barista, the product is designed for manufacturers seeking to diversify portfolios with coffee alternatives or complements. Drawing on Soufflet Malt’s portfolio of over 250 malt types, the new blend offers an aromatic taste profile, natural nutrients and no caffeine content. The company highlighted climate pressures and volatile coffee supply chains as key drivers behind the development. Soufflet Malt said the new drink offers producers a clean-label option with a lighter environmental footprint, produced locally and formulated to support cost efficiency as well as health benefits. Laurent Debande, chief growth and innovation officer at Soufflet Malt, said: “Coffee is universally popular and a daily ritual for millions of people around the world. With our new proprietary malt-based recipe we are redefining the coffee ritual, delivering taste, nutrition and sustainability in one cup." "For us, that is the power of malt: elevating the versatility of a traditional ingredient and making it relevant in new and unexpected ways." The launch forms part of Soufflet Malt’s wider MALTiply 2030 strategy, which seeks to expand malt applications beyond brewing and distilling. The company is exploring malt-based concentrates and formulations for drinks categories including soft drinks and alcohol-free cocktails, aligned with its ambition to promote “malt at every moment of the day”.
- Traditional Medicinals expands portfolio with new Fair for Life certified herbal teas
Traditional Medicinals has launched two new organic herbal teas – Rosy Mood and Stress Ease Calm – as part of its 50th anniversary celebrations. The US-based botanical wellness company said the launches mark its entry into the mood support category and represent its first Fair for Life certified products. Rosy Mood combines damiana, rose and butterfly pea flower, offering a colour-shifting brew that changes shade depending on water pH, while Stress Ease Calm blends ashwagandha, shatavari and honeybush to support relaxation and stress resilience. Both teas are positioned as plant-based options for emotional wellbeing. The Fair for Life certification ensures standards in social responsibility, environmental sustainability and fair trade. Traditional Medicinals said the milestone builds on more than $20 million invested over the past decade in sourcing communities, with a target of sourcing 80% of herbs from fair-certified origins by 2030. Traditional Medicinals' chief science officer, Taryn Forrelli, said: "...in honour of our 50th anniversary, we created teas designed to inspire wonder, spark joy and provide a sense of calm. Rosy Mood lifts the spirit with every cup, while Stress Ease Calm – powered by adaptogens and other high-quality herbs – offers a restorative moment to unwind and thrive through life's challenges." "Crafted with Fair for Life certified ingredients, these blends support emotional well-being while honoring the deep roots of traditional herbal wisdom." Traditional Medicinals products can be found online as well as in major grocery chains and natural food stores.
- Water in the workplace: Choosing the right dispenser
When a workplace can be anything from an office to a factory to a construction site, a ‘one-size-fits-all’ hydration solution is not going to cut it. So what should employers consider when choosing a water dispensing system for a workplace setting? Refreshment 's Bryony Andrews spoke to a number of specialists in water filtration to find out. Adequate water intake is crucial for productivity at work. It supports cognitive functions like concentration and memory, as well as boosting mood and morale. Conversely, dehydration can reduce focus, alertness and energy, potentially leading to decreased work performance and increased fatigue and brain fog. Providing accessible and enjoyable water to encourage regular consumption should be a priority for employers who want to maximise the productivity of their teams – especially as workers start to spend more days in the office. So what are the best water dispense solutions for employers and workplaces, and what nonnegotiable features should managers look for in their choice of supplier? Bottled vs POU dispensing The filtration specialists we spoke to all almost all advocated for Point-of-Use (POU) water dispense systems over bottled, for a variety of reasons. POU systems are connected directly to the mains supply, and, when properly installed and filtered, offer a continuous and unlimited supply of consistently high-quality fresh water. Bottled dispensers, meanwhile, can add invisible labour to workplace maintenance, such as tracking usage; managing returns and refills; storing replacement bottles; physically replacing the heavy water jugs and more. POU systems avoid these logistical, hygienic and environmental issues, minimising the need for transport, storage and, crucially, the risk of stagnation at quiet times for the business. “Bottled dispensers usually require replacement every 19 litres and involve hidden costs for bottle delivery, storage and disposal,” warned Debora Screpanti, marketing manager at manufacturer of watercoolers and dispensers Blupura. According to Screpanti, they also rely on exposed taps and open reservoirs and are prone to mould, contamination and stagnant water. Blupura’s POUs, however, operate in a closed-circuit system with no reservoir, certified filtration and no exposed tap, providing a more hygienic solution. This design, Screpanti claimed, guarantees maximum hygiene with minimal waste – a double win, as this also aligns with modern workplace sustainability goals. She added that POU systems also eliminate the need for storage space and reduce monthly operational costs. Manufacturer of UVC (ultraviolet-C) LED disinfectants, Crystal IS, strongly advocates for POU systems because of their solid sustainability credentials. “[POU systems] provide on-demand disinfection and dispensing of safe water without the logistics, waste and emissions associated with bottled water and its supply chain,” said Patrick Aigeldinger, director of global product management at the firm. Jeff Price, VP product marketing at Quench USA, cited an “often under-recognised sustainability benefit” of installing a bottle-less water system: “It frees up storage space typically taken by bulky jugs, thus allowing our customers to be more efficient with their office space”. All this said, bottled water dispensers can be a great solution for locations without a potable water source. “POU is the ideal solution whenever there is access to the mains water supply and the water quality is reasonably good,” said Paz Ausin, export manager at European watercooler manufacturer Canaletas. “However, in locations where there is no plumbing access or where water quality is very poor, a bottled water dispenser may be more appropriate.” Key considerations Ultimately, budget and specific workplace needs will guide an employer’s choice of water dispense system for their business premises, but evaluating all the contributing factors can be far from simple. “It is important to balance practicality, cost and the specific needs of the business when choosing a filter,” said Emma Redford, marketing director at water filtration H2O Direct. She identified “number of users, water usage volume, cost, certification/compliance, availability and maintenance” as key considerations for employers. Blupura’s Screpanti added “water quality” and “available space” to this list. Screpanti continued: “Other important factors include addressing specific contaminants. For example, chlorine, bacteria, microplastics, heavy metals and PFAS,. Blupura’s Blutron range is specifically designed to meet diverse filtration needs – such as Blutron Shield and Ultra for microplastics and bacteria; Blutron Hero for heavy metals and PFAS; and Blutron Ionic for reducing water hardness.” A concern highlighted by all the specialists that we spoke to was the importance of specifying a filtration system based on real, site-specific water issues – not as a ‘one-sizefits-all’ solution. Antonio Zerilli, managing director at Zerica, a producer of chilled, ambient and sparkling water coolers and drinks dispensers, told Refreshment that the firm has seen many cases of excessive or unnecessary treatments being applied, often driven by a misunderstanding of actual water quality needs. “Over-filtration can not only be wasteful but also alter the water’s natural characteristics,” he said. “Zerica promotes a targeted approach: analysing the incoming water, identifying actual contaminants or taste issues and then recommending the most appropriate filtration solution – no more, no less. This ensures optimal performance, lower running costs and a better user experience.” Canaletas’ Ausin agreed that the most important factor to consider when choosing a filtration system for a workplace is the quality of the local water supply. “In some cases, no filtration may be needed at all, or a simple filter that improves taste and reduces chlorine may be enough,” she explained. “In other cases, such as when sediment levels are high or the water is poorly controlled, additional filtration – like sediment filters, activated carbon filters, UV sterilisers, ultrafiltration or reverse osmosis systems – may be recommended.” For Ted Hertz, VP product management at water filtration specialist Quench USA, the primary goal of filtration is simple: “To focus on aesthetic effects that make the water taste great”. When water tastes and smells good, employees are naturally more likely to stay hydrated. Hertz also noted the positive effect of showing employees that they are valued, by providing filtration that makes water healthier through reducing impurities such as lead, cysts, chlorine, PFAS and microplastics. However, Hertz said, choosing water filtration systems that have achieved certification from authorised third party test laboratories is essential, particularly for a corporate setting. “These certifications show that the product has been tested and meets strict safety and performance criteria. Without them, it’s hard to know whether a system truly works as advertised,” he pointed out. Looking beyond filtration, some workplaces may choose to include an UV treatment to ensure microbiological safety for their water dispensers. Crystal IS’ Aigeldinger advised that when considering a solution with integrated UV, companies should consider the UV source and its impact on maintenance and ESG compliance. He said: “Selecting a system using LEDs for the UV treatment source, as opposed to a traditional mercury lamp, can extend maintenance cycles as LEDs reduce or eliminate the need for recurring light source replacements and the disposal of hazardous materials. Selecting a system with UVC LED-based treatment can be particularly attractive for multinational corporations as non-mercury based systems help ensure compliance with future environmental regulations.” Sustainable solutions Simply by their nature, POU water dispensers are a sustainable option. As well as freshness and safety, filtering at the moment of dispensing means a dramatically reduced carbon footprint. “From a sustainability standpoint, POUs drastically reduce carbon dioxide emissions by eliminating transport and plastic production,” Blupura’s Screpanti shared. “With zero-mile water and no single-use bottles involved, they offer a clear environmental advantage for any company looking to improve its ESG credentials.” According to Quench USA’s Price, a single, bottle-free water cooler will prevent up to 7,000 single-use plastic bottles from entering the waste stream every year. However, even an inherently sustainable water dispensing system can be improved, and the environmental impact of individual systems should be examined by employers hoping to minimise their environmental footprint. So what are some examples of workplace filtration solutions that support customers in improving their sustainability credentials? Auxilia, Zerica’s proprietary cloud-based portal, makes a concrete contribution to reducing the environmental footprint of workplace hydration by optimising maintenance through data driven decisions. MD Zerilli said: “Developed entirely in-house, Auxilia gives facility managers and end-users real-time access to system performance, water quality data and maintenance records. Thanks to integrated Wi-Fi and SIM card connectivity, the system is always online – ensuring continuous monitoring and allowing for rapid intervention when needed, regardless of the location. This connectivity minimises downtime, avoids unnecessary on-site visits and ensures that every action taken is both timely and efficient.” At Canaletas, meanwhile, dispensers are manufactured using durable, recyclable materials like stainless steel, and products are built to last over 25 years, which significantly reduces waste over the years and helps employers plan for the long term. “We also help clients make informed decisions about the type of filtration they really need, avoiding unnecessary systems that increase water or energy consumption,” added Ausin. “This combination of technical advice, eco-conscious design and long-term durability allows our clients to strengthen their sustainability strategies while ensuring high-quality water for their employees.” Quench USA’s Price highlighted how the company’s workplace hydration solutions help to reduce delivery truck emissions by reducing the frequency of deliveries. Culligan Quench offers a wide variety of hydration solutions, including still water, sparkling water and flavoured water with caffeine additives. H2O Direct’s Redford recommends looking at the supplier’s environmental footprint as a whole when deciding on a system. She shared the example of a supplier that recycles its filters for use in the production of new products, such as playground equipment, and also takes part in a tree planting scheme. “This provides customers with a well-rounded package of sustainability efforts,” she said. Maintenance challenges The specialists we consulted identified a number of maintenance challenges associated with water filtration systems, some unique to a workplace setting. A major workplace dispensing challenge is making sure a product is properly sized for the number of users and their consumption patterns, said Quench USA’s Hertz. “An underspecified product can be the greatest reason for service calls, so we should start by educating customers at the time of purchase.” The importance of customer education was similarly stressed by Blupura’s Screpanti, who believes that “the main risks come from incorrect or incomplete installation, which can affect performance or hygiene over time”. To prevent this, Blupura offers comprehensive technical training for installers and service partners, ensuring proper set up and long-term reliability. “We also provide detailed manuals, training videos and support materials on our digital platforms,” Screpanti added. For Zerica’s Zerilli, one of the most common challenges he has noted in workplace environments is how to maintain high hygiene standards without increasing the operational workload or requiring frequent servicing. Zerica addresses this with its patented Silver Turbo Clean system. “The technology ensures internal hygiene and consistent water quality without the need for special maintenance procedures,” explained Zerilli. “In many cases, no routine internal cleaning is required, even with heavy usage. Furthermore, optional accessories and system add-ons can elevate hygiene standards even further, all while keeping intervention to a minimum. With smart design and cutting-edge engineering, we help our customers maintain top-tier performance with minimal effort.” Crystal IS’ Aigeldinger noted that workplaces typically struggle with filter replacement tracking and labour scheduling, as well as service disruption or downtime due to unplanned maintenance. “Systems with UVC LEDs often provide options for real-time diagnostics and predictive alerts when performance declines,” he told Refreshment . Canatelas’s Ausin added: “For workplace settings, regular maintenance, particularly periodical filter replacement, is crucial for optimal performance and hygiene”. However, she understands that this maintenance schedule must be tempered by other considerations, such as time, cost and availability. “We advise all our customers on how to perform efficient maintenance to achieve the best water quality, striking the right balance between budget and optimal quality.” There are many factors to consider when specifying a water dispensing system for the workplace, but the key to demystifying these is in your choice of supply partner. From analysing your local mains water, to considering your environmental footprint, to scheduling regular servicing: the right partner will support you not only through installation, but for the the whole lifespan of your water dispenser.
- Lost Sheep Coffee debuts espresso concentrates for at-home use
UK-based Lost Sheep Coffee has launched a new range of espresso coffee concentrates designed for at-home preparation, expanding its portfolio beyond ready-to-drink iced coffee. The new products – available in Pure Espresso and Caramel varieties – are made using the brand’s signature speciality-grade 'Get To The Hopper' blend, a mix of Guatemalan and Brazilian arabica beans. Each 500ml bottle provides around ten servings and can be diluted with milk or water to create iced lattes or long blacks. According to the company, the concentrates are the first in the UK to provide full “farm to bottle” traceability, allowing consumers to follow the coffee’s supply chain from origin to final product. Stuart Wilson, founder of Lost Sheep Coffee, said: “With almost half of coffee drinkers (49%) choosing coffee at home over take out, concentrates are set to explode in 2026 as consumers look to recreate coffee shop quality at home, at a fraction of the cost. What they offer is the opportunity to create café-quality craft coffee in the comfort of your own home, with no expensive equipment or barista skills required." “Right now, there are a handful of mainstream brands on the market, but none that offer espresso strength speciality-grade coffee with full traceability. This is where our new Espresso Coffee Concentrates come in…" “Made with our signature Get To The Hopper Coffee – a blend of the highest quality Guatemalan and Brazilian Speciality Grade Arabica beans, which are traceable from origin and freshly ground, brewed, and crafted into our bottles – there is simply no other coffee concentrate on the market that can match us in terms of quality, depth of flavour and provenance.” The Espresso Coffee Concentrates will be available via Lost Sheep Coffee’s website and Cotswold Fayre, with additional stockists expected. The products carry a recommended retail price of £5.50 per 500ml bottle.
- Dirtea and Knoops collaborate on functional hot chocolate
Functional mushroom brand Dirtea has partnered with chocolate drinks company Knoops to launch a limited-edition product combining Knoops’ 70% chocolate with Dirtea’s Lion’s Mane mushroom extract. Described as 'The World’s Smartest Hot Chocolate,' the drink is positioned as a blend of indulgence and functionality, pairing the flavour profile of dark chocolate with Lion’s Mane, a mushroom often associated with focus and cognitive support. Andrew Salter, co-founder of Dirtea, said: “At Dirtea, we’re on a mission to help people find rhythm in a world built on burnout. Knoops are masters of flavour; we bring the functional edge. Together, we’ve created a hot chocolate that’s indulgent, delicious and designed to sharpen focus and calm the mind.” Jens Knoops, founder of Knoops, added: “This is an exciting collaboration for Knoops – a brand that shares our passion for quality and customer delight. This partnership brings together functionality and flavour in a super-charged, delicious experience that feels truly unique." The drink will be sold in Knoops’ UK stores for three months from 8 September, with prices from £6.10 to £8.50. Customers can also add Dirtea Lion’s Mane to any Knoops beverage.
- Nestlé's Paul Bulcke steps down, Pablo Isla to assume chairmanship
Nestlé has announced that chairman Paul Bulcke will step down earlier than planned, with Pablo Isla set to take over the role effective 1 October. Paul Bulcke This leadership transition comes in the wake of significant investor backlash following a series of executive departures that have raised huge concerns about Nestlé's governance and strategic direction. Bulcke’s resignation is seen as a necessary step to address the turmoil that has engulfed Nestlé in recent months. The company has faced heightened scrutiny after the abrupt dismissal of CEO Laurent Freixe , which marked the second executive exit in just over a year. Freixe was ousted due to allegations of an undisclosed romantic relationship with a subordinate, prompting shareholders to question Bulcke’s decision-making and oversight capabilities. One major investor remarked that Bulcke had “lost the respect and trust of investors,” calling for his immediate resignation instead of waiting until his scheduled departure in April 2026. The leadership crisis at Nestlé began with the ousting of former CEO Mark Schneider in August 2024, followed by Freixe’s swift removal. This rapid succession of CEOs has left the company grappling with a leadership vacuum, leading to questions about its governance structures and strategic priorities. Investor sentiment has soured significantly, with Nestlé’s shares plummeting approximately 40% since 2022, exacerbated by the recent scandals and sluggish sales. In an effort to stabilise the company, Nestlé has appointed Philipp Navratil, head of the Nespresso division, as the new CEO. Philipp Navratil However, the ongoing leadership upheaval has raised alarms among investors about the effectiveness of the board’s oversight, particularly regarding how Bulcke could have been unaware of what many described as an “open secret” surrounding Freixe’s conduct. Pablo Isla, who has served as vice chairman and chairman elect, will now lead the board as it seeks to restore investor confidence and guide Nestlé through this challenging period. However, this appointment may not fully satisfy the board’s wish for a new, fresh candidate with no previous involvement with the company. Isla expressed gratitude for Bulcke's contributions while emphasising the need for a fresh perspective to advance Nestlé’s strategic initiatives. “Paul’s wisdom and commitment have shaped the company and laid the groundwork for our next chapter,” Isla commented. Bulcke will be become an honourary chairman, a title reflecting his long-standing service and influence within the organisation. In conjunction with Isla’s appointment, Dick Boer will take on the role of lead independent director and vice chairman, while Marie-Gabrielle Ineichen-Fleisch will serve as vice chair of the board. These changes are part of a broader effort to enhance governance at Nestlé, ensuring that the company remains agile and responsive to market dynamics.
- Krispy Kreme adds limited-edition doughnuts in US
Krispy Kreme has unveiled a limited-edition range of doughnuts inspired by classic fairground treats. The Fall Fair Collection includes a cotton candy-inspired doughnut with flavoured sugar and buttercream, a Kreme-filled puff doughnut topped with a mini Doughnut Dot, an apple pie variety with cinnamon filling and caramel icing and a churro-style doughnut coated in cinnamon sugar and caramel drizzle. Alison Holder, chief brand and product officer at Krispy Kreme, said: “There are so many fun autumn outdoor activities, but when it comes to autumn flavours, perhaps none is tastier and more nostalgic than classic fall fair treats”. Krispy Kreme’s Fall Fair Collection is available in-shop, individually and by the dozen, and can also be ordered online.
- Nestlé faces investor backlash as turmoil continues at the top
Nestlé is under increasing pressure from investors following the abrupt dismissal of CEO Laurent Freixe , marking the second executive departure in just over a year. This latest upheaval has led shareholders to call for the resignation of chairman Paul Bulcke, who is being held accountable for a period characterised by instability and declining performance. Chairman Paul Bulcke Freixe was ousted last week due to allegations of an undisclosed romantic relationship with a subordinate, a situation that has raised serious governance concerns among Nestlé’s investors. Bulcke, who appointed Freixe only a year prior, is now facing scrutiny over his decision-making processes and the handling of the situation. One major shareholder expressed that Bulcke should resign immediately rather than wait until his scheduled departure in April 2026, stating: “He has lost the respect and trust of investors”. The leadership crisis at Nestlé began with the ousting of former CEO Mark Schneider in August 2024, followed by Freixe’s swift removal, leaving the company with a leadership vacuum. In a bid to restore stability, Nestlé has appointed Philipp Navratil, head of the Nespresso division, as the new CEO. However, the rapid succession of CEOs has led to questions about the company’s governance and strategic direction. Investor sentiment has soured, with Nestlé’s shares plummeting approximately 40% since 2022, exacerbated by a series of scandals and sluggish sales. The board's handling of Freixe’s conduct has been particularly troubling for shareholders. Following initial reports through Nestlé’s whistleblowing channel, an investigation was launched but failed to substantiate the claims against Freixe. It was only after further complaints that a second investigation revealed evidence of the relationship, raising alarms about the effectiveness of the company’s governance structures. According to the Financial Time s, Nestlé’s spokesperson has defended the board’s actions, stating that the two CEO departures were “entirely unrelated” and that Freixe’s actions were a “clear breach” of company conduct policies. Yet, the perception among investors is that the board’s oversight has been lacking, with some questioning how Bulcke could have been unaware of what many described as an “open secret”.
- AriZona Beverages to launch Chocolate Egg Cream Soda
AriZona Beverages, a New York-based beverage company known for its bold flavours, has launched its latest product: Chocolate Egg Cream Soda. This new offering is the result of a collaboration with the Tunnel to Towers Foundation, a nonprofit organisation dedicated to supporting the families of fallen first responders and veterans. Chocolate Egg Cream Soda puts a nostalgic twist on a classic, tapping into the growing retro trend, and aims to resonate with consumers looking for new experiences in the beverage market. While the traditional egg cream is known for its frothy texture, AriZona’s version features a rich chocolate flavour combined with a swirl of milk, delivering a smooth and indulgent taste without the use of eggs or cream. Frank Siller, chairman and CEO of the Tunnel to Towers Foundation, said: “We’re honoured to partner with AriZona on this special Chocolate Egg Cream Soda, which pays tribute to a beloved Brooklyn tradition. AriZona’s commitment to supporting fallen first responder families through this partnership allows us to continue Stephen’s legacy of service.” Chocolate Egg Cream Soda is now available at select retailers nationwide and online. t drinks New p
- AeriTek acquires refrigeration manufacturer Due North
AeriTek Global Holdings, a portfolio company of private equity firm Mill Point Capital, has acquired Minus Forty QBD (operating as Due North), a Canadian-based manufacturer of commercial refrigeration solutions. The deal combines AeriTek’s existing operations with Due North’s brands – QBD and Minus Forty – to create a larger platform serving customers across the US, Canada and international markets. The combined company will offer a broader portfolio of refrigeration equipment for beverage, foodservice, convenience store and micro-market sectors, supported by an expanded North American distribution network. Antony Besso, executive chairman of AeriTek, said: "We are extremely excited to welcome Due North into the AeriTek family. Their rich history of innovation, robust customer base and differentiated design capabilities perfectly complement our own. This combination gives us a significantly larger presence in the US market and the scale and expertise to execute our Value Creation Plan and unlock meaningful growth opportunities.” Mark Paolano, partner at Mill Point Capital, added: “Due North’s strong foothold in high-growth markets in North America and its reputation for quality and reliability make it an ideal partner for AeriTek. We look forward to partnering with Troy Shannan and the rest of the management team to build on this momentum and deliver enhanced value to customers across the combined platform.” Terms of the transaction were not disclosed. Top image: © Due North
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