Bottling - Articles - Page 4

Coke Leaders Say Recruiting Consumers Key as Inflation Persists

’You Need More People’ to Grow, CEO Tells Barclays Audience

September 14, 2023

Coca-Cola Chairman and CEO James Quincey and North America President Jennifer Mann sat down on Sept 7 for an on-stage interview with equities analyst Lauren Lieberman at the Barclays Consumer Staples Conference in Boston. A key message from Quincey and Mann was Coca-Cola’s pursuit of...

Territory Changes and Deals: August 9, 2023

August 9, 2023

Collection of key deals from around the industry so you don't miss a beat...

Bang's Second Act: Monster, Coke Bottlers Ready to Rejuvenate Deflated Energy Brand

Monster to Slim Bang Portfolio, Broaden Manufacturing Range

August 9, 2023

On July 31, Monster Beverage completed its $362 million acquisition of bankrupt Bang Energy owner Vital Pharmaceuticals (VPX). Last week, Monster confirmed that Coca-Cola and its bottlers will distribute Bang globally, with a US rollout to begin this quarter. “As a result, there will be a

Territory Changes and Deals: July 25, 2023

July 25, 2023

Collection of key deals from around the industry so you don't miss a beat...

Dueling Alcohol Models

July 25, 2023

What’s better: a Blue Cloud, or a Red Tree?

For the past decade, Coca-Cola and PepsiCo have diverged in the US when it comes to soft drink distribution strategy. Coke owns no soda distribution operations, leaving that in recent years to independent franchised bottlers. On the other hand, PepsiCo owns and operates most of its US bottling distribution system. Now that both companies are seeking a growth path through alcoholic beverages, their strategies in the US have diverged once again.

As you’ll read in today’s issue, PepsiCo is going all-in on the distribution of alcoholic beverages such as Hard Mtn Dew with its Blue Cloud Distribution subsidiary. The company appears...

Stock Watch: Monster Beverage Shares Up in First Half of 2023

KDP Shares Fall on Coffee Business Drag

July 25, 2023

Beverage supplier stocks tracked by BD underperformed the S&P 500 during the first half of this year. Coca-Cola’s shares declined -5.3%. While PepsiCo’s stock increased in value by +2.5%, the shares far underperformed the index’s +15.2% increase. Keurig Dr Pepper, dogged by profitability questions stemming from its...

Bang Energy Wins Court Approval for Monster Deal

Coca-Cola Bottlers Eager to Distribute Bang Energy, They Say

July 12, 2023

Bang Energy owner Vital Pharmaceuticals won approval from a Florida bankruptcy judge today for a $362 million acquisition of most of the company’s assets by major creditor and competitor Monster Beverage.The companies formaly announced the asset purchase agreement July 3 after the Federal Trade Commission ended an antitrust review early. The sale would include...

Quixotic Save Tab Group Now Focused on Bottlers. Some Interested

Coca-Cola Appears Content to Focus on Coke Zero, Creations

June 20, 2023

In the two and a half years since Coca-Cola discontinued Tab, a consumer group calling itself the SaveTabSoda Committee has been lobbying Coke executives to bring back the 60-year-old diet soft drink now available only on fountains at a handful of Coca-Cola museum stores. The committee has organized...

Sources: Bang Energy Bankruptcy Sale Down to Monster, One Other Bidder

Monster Bid Pending Antitrust Clearance. Deadline Approaching

June 20, 2023

The sale process for bankrupt Bang Energy may finally be headed for a conclusion in late June after a two month delay. A bankruptcy judge in Florida has set a sale hearing date for June 30 to approve a winning bidder. That hearing date could yet be pushed back, however. According to BD sources, remaining bidders are...