Nestlé acquires rights to Starbucks CPG business for $7.2B

Nestlé S.A. has acquired the global rights to sell packaged retail products from coffee giant Starbucks Corporation for $7.15 billion plus additional royalties. The agreement will “accelerate and grow the global reach of Starbucks brands in Consumer Packaged Goods (CPG) and Foodservice,” according to a press release from Starbucks. This segment, which generated annual sales of $2 billion, includes whole bean and ground coffee products under the Starbucks brand, as well as coffee and tea products marketed by Seattle’s Best Coffee, Starbucks Reserve, Teavana, Starbucks VIA and Torrefazione Italia in at-home and away-from-home channels.

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Former Starbucks exec joins Caveman Foods as CEO

Caveman Foods, a producer of paleo-inspired snacks, announced today that former Starbucks Coffee executive Jeff Hansberry has joined the company as president and CEO. “I am very excited to join Caveman Foods as we continue to build the brand’s leadership position in the fast-growing healthy snacks category,” Hansberry said in a statement. “The company’s purpose-driven commitment to encourage and inspire healthier eating through delicious Paleo snacks is a source of personal inspiration.”

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Coffee Mate Natural Bliss launches cold brew coffee line

COFFEE-MATE natural bliss, a leader in all-natural coffee creamer since 2011, is making it easy for consumers to get their coffee fix this summer with the national launch of its ready-to-drink Cold Brew Coffee. COFFEE-MATE natural bliss Cold Brew Coffee is made with all-natural, high quality and fully recognizable ingredients, and is available in Sweet Cream and Mocha flavored varieties.

 

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Mother Kombucha to release 3 new flavors

Mother Kombucha is pleased to announce that we’re expecting! Mother’s Day is extra special this year as Mother Kombucha introduces three new additions to our bottled product family. Blood Orange Ginger, Hopped Passion Fruit, and The Trop (a delicious blend of pineapple and coconut) will be appear in bottles at retailers across Florida in June. “We are excited to be able to bring customers more mysteriously delicious options to augment their healthy lifestyle as we continue to expand to more retail locations in Florida.” said Tonya Donati, President, Mother Kombucha.

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Review: Hälsa Organic Oatgurt

Hälsa is a line of plant-based yogurt drinks made with a base of fermented organic whole grain oats. The product is available in three flavors at its launch and its clean label is one of its key selling points. And this vegan product does he product does indeed have a very clean list of ingredients. In addition to the oats, it contains fruit, pea protein, organic flavors, and citric acid. It’s free of any stabilizers or gums, which are still quite commonplace in the dairy alternative space. But more importantly, it’s free from any added sugar — definitely a marketable selling point.

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