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Nestlé buys functional beverage maker Essentia Water

Dive Brief: Nestlé acquired Essentia Water, a premium functional brand, for an undisclosed amount, the food and beverage giant said in a statement. Essentia, which makes ionized alkaline water, posted sales in 2020 of $192 million.   Essentia is the leading alkaline water brand and the No. 1 selling bottled water in the natural channel, Nestlé said.  The acquisition of Essentia comes just two weeks after Nestlé sold its North American bottled water business, including brands such as...
Deer Park United States Steve Presley Metropoulos Co Credit Suisse Dive Brief

After Coke's BodyArmor deal, more acquisitions of minority investments

A post shared by Blue Stripes Urban Cacao (@bluestripescacao) Blue Stripes Urban Cacao Shop sells cacao water, energy bars, and other chocolate-infused goodies at its physical retail shops as well as online. The founder behind the concept is Oded Brenner, who founded the Max Brenner chain of chocolate shops in the 1990s. Hershey became an investor in 2019 for an undisclosed amount. Blue Stripes focuses on "using all the unknown parts of the amazing cacao fruit, its pulp and shell, to create a ...
James Quincey Oded Brenner Max Brenner Morningstar Johnson Topo Chico Natural Food International Holding

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