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
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.
Brands Bring Low-Acid Coffee into Spotlight
After hiding in plain sight for years, could low-acid coffee be having something of a moment? While it may represent just a fraction of the larger coffee market, the low-acid segment has become a small but steady profit generator for a handful of rising brands looking to separate themselves from the pack, whether as a central element or as a complementary piece.
Mondelēz To Acquire Clif Bar For $2.9 Billion
Food conglomerate Mondelēz International has agreed to pay $2.9 billion, with additional contingent earnout consideration, to acquire organic snack bar maker Clif Bar & Company.
Chamberlain Coffee Grows Awareness with ‘Organic’ Swoon, Nutpods Collaborations
To say that Chamberlain Coffee is built around its eponymous namesake is to belabor the obvious. At just 21-years old, vlogger Emma Chamberlain has built an audience of 26 million followers across Instagram and YouTube without much of a gimmick to speak of; her videos include activities like driving, cleaning her apartment and making lots of coffee.