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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Coffee & tea
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investment
Starbucks to invest $100m in Nashville corporate hub, creating up to 2,000 jobs
Starbucks is set to invest $100 million in a new corporate office in Nashville, Tennessee, as part of plans to expand its North American operations.
Nestlé invests $696m to build new Nescafé facility in Thailand
Nestlé is investing CHF 563 million (approx. $696 million) into building a new Nescafé production facility in Thailand.
Atlantic Grupa takes minority stake in Waterdrop with €11m investment
Atlantic Grupa has invested €11 million in hydration brand Waterdrop, acquiring a minority stake and securing a seat on the company’s investment committee.
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.
Suntory invests £25m in Coleford, UK line to lift Lucozade and Ribena capacity
Suntory Beverage & Food Great Britain & Ireland will invest £25 million in a new high-speed production line at its Coleford factory.
GrubMarket secures $50m Series H investment
GrubMarket, an AI technology and digital platform company in the US food supply chain field, has raised approximately $50 million in Series H financing, valuing the company at a pre-money valuation of $4.5 billion.
Re:Water invests £2m in Herefordshire site to scale aluminium bottled water production
Re:Water is investing £2 million in a new production facility in Herefordshire as it looks to scale output and support growing grocery, retail and hospitality demand for plastic alternatives.
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.
Louis Dreyfus expands coffee facility in Brazil, doubling processing capacity
Louis Dreyfus Company (LDC) has completed an expansion of its coffee processing facility in Varginha, Minas Gerais, significantly boosting the site’s storage and processing capabilities.
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