Lifeway Foods, the maker of probiotic beverage Kefir, has launched a new fruit-flavored cultured milk smoothie Green Kefir with Phytoboost. The new offering is available in two flavors such as Kiwi Passion Fruit and Pomegranate Acai Blueberry.
Gold Peak, a premium ready-to-drink (RTD) tea brand of Coca-Cola Company, has launched its new multi-serve chilled tea throughout the US. In addition, the company's has replaced its glass bottles with new premium 18.5 fl oz plastic bottles.
Brown-Forman has reported net sales of $861.7m for the third quarter ended January 31, 2010, an increase of 10% compared to $784.1m for the same quarter previous year. Operating income for the quarter was $173.9m compared to $177.2m for the prior year quarter.
Boston Beer has reported net revenues of $107.2m for the fourth quarter ended December 26, 2009, an increase of 3% compared to $103.78m for the same quarter previous year. Operating income for the quarter was $12.89m compared to $5.99m for the previous year quarter.
Hall of Fame Beverage (HFBG) has acquired a stake in the V Group, the maker of a.n.d. (antioxidant nutritional drinks). As part of the agreement, HFBG will be allowed to appoint a member to the board of directors of the V Group.
Reed's, a maker of sodas, has entered into a Letter of Intent (LOI) to acquire Jones Soda for about $9.8m in cash and stock. The deal will combine a number of soda brands, such as Reed's Ginger Brew, Virgil's, and Jones Soda.
PacificHealth Laboratories, a nutrition technology company, has partnered with Saddleback, a distributor of performance cycling products in the UK, to distribute Accelerade products to the cycle sport industry in the country.
Naked Juice has launched two new vegetable smoothies. The company claims that the new Berry Veggie Machine and Orange Carrot smoothies come packed with vegetable ingredients and essential vitamins.
Diageo, a producer of alcoholic beverages, has introduced new selection of flavored vodkas, which add to the Smirnoff collection. The new line-up comprises of Spiced Root Beer and Dark Roasted Espresso flavors. These extensions come under the Smirnoff Blue Label portfolio, and are the first additions to the company's line of Smirnoff 100-proof flavored vodkas.
Tea Forte, a specialty tea company, has introduced a new line of teas, which the company claims, are USDA certified organic.
Banfi Vintners, an importer of wines from Chile and Argentina, has confirmed that shipments will resume from the port of San Antonio, Chile effective from March 11, 2010.
