The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

Monster Beverage has said it will cut some products from its recently acquired energy drink brand, Bang Energy, which it purchased for approx. $362m.

Monster Beverage Corporation has announced that its subsidiary, Blast Asset Acquisition LLC, has completed its acquisition of Bang Energy owner Vital Pharmaceuticals.

Coca-Cola Europacific Partners (CCEP) has entered into a letter of intent to acquire Coca-Cola Beverages Philippines (CCBPI) from the Coca-Cola Company.

The Coca-Cola Company has reported a 6% rise in second-quarter net revenue to $12bn, surpassing analyst estimates.

Beverage giant Britvic has announced the acquisition of UK-based ready-to-drink iced coffee brand Jimmy’s Iced Coffee.

This week, beverage giants Britvic and Carlsberg both announced they had entered into renewable power purchase agreements.

Botanical beverages maker Fentimans is adding a raspberry-infused lemonade to its soft drinks portfolio in the UK.

AG Barr’s beverage brand Boost has accused Britvic of passing off its trademark with Robinsons’ newly launched functional squash range.

The Coca-Cola Company and eight bottling partners have announced the closing of a new $137.7m venture capital fund focusing on sustainability investments.

PepsiCo has published its Q2 earnings, reporting 10.4% net revenue growth, and has raised its full-year outlook for the second consecutive quarter.

Monster Beverage has won US bankruptcy court approval to acquire Bang Energy owner Vital Pharmaceuticals out of Chapter 11 for $362m.

Monster Beverage and Vital Pharmaceuticals have entered into an agreement under which a Monster subsidiary would acquire all of Bang Energy’s assets.