Martín Caballero
Martín writes news articles and feature stories covering the non-alcoholic beverage industry for BevNET. A graduate of Boston University, Martín's previous work has appeared in USA Today, The Boston Globe and The Boston Herald.
Posts by Martín Caballero
On Heels of Completed Investment, Rishi Reveals Growth Plans
When Rishi Tea & Botanicals founder Josh Kaiser launched his business as a 24-year-old fresh out of college in 1997, he was used to being the youngest one in the room.
Albertsons: WA Supreme Court Accelerates Dividend Review Schedule
The Washington State Supreme Court has accelerated the review process of a temporary block on grocery chain Albertsons’ $4 billion shareholder dividend. The expedited review, moved up to January 17 from its original date in February, aims to resolve questions over the payment.
Rainforest Expands to New England With Mass. Warehouse
Rainforest Distribution has opened a warehouse in South Easton, Massachusetts, expanding its services beyond its home base of New York into New England, according to information posted online.
Report: E-Grocery Sales Down 10% YOY
As inflation continues to impact prices at the supermarket, U.S. consumers are spending less money buying groceries online, according to last month’s Brick Meets Click/Mercatus Grocery Shopping Survey.
Copacker TruFood Acquired by Mubadala Capital for Undisclosed Fee
Pittsburgh-based snack food copacker TruFood has been acquired by asset management firm Mubadala Capital, the company announced in a press release. Financial details of the transaction were not disclosed.
Laird Superfood to Shut Down Oregon Production Plant
Laird Superfood is shutting down its Sisters, Oregon production and fulfillment facility and laying off all workers at the end of this year, the company announced this week.
Kroger/Albertsons Merger: “An Existential Question” Around Effects on Brands
Kroger will purchase fellow grocery retailer Albertsons in a $24.6 billion deal that has left members of the industry wondering about the long term ramifications for brands and shoppers.
Report: Impossible Foods To Cut Around 6% of Workforce
Impossible Foods has laid off around 6% of its 800-person workforce under a structural reorganization led by CEO Peter McGuinness, according to media reports.
CBD Brand TRIP Closes Fundraise, Releases New Products
UK-based wellness brand TRIP has closed a $12 million funding round as it expands from CBD-infused drinks and oils into gummies.
Purchase Capital Backs OWYN With Further Growth Funding
Plant-based protein brand OWYN has secured growth investment from Purchase Capital, an affiliate of its parent company United Nutritional Brands, as well as from Hammock Park Capital LLC and PowerPlant Ventures, the company announced today.