Brynwood Partners acquires beverage maker Cold Spring

Brynwood Partners acquires beverage maker Cold Spring

Brynwood Partners has acquired Cold Spring, Minnesota-based Cold Spring Brewing Company, a beverage manufacturer. The seller was the Lenore family. No financial terms were disclosed. Cascadia Capital served as Cold Spring’s investment banking adviser on the deal. PRESS RELEASE GREENWICH, Conn., Aug. 4, 2017 /PRNewswire/ — Brynwood Partners VII L.P. (“Brynwood VII”) announced today that…

The world’s oldest alcohol beverage also has a tradition in Slovakia

The world’s oldest alcohol beverage also has a tradition in Slovakia

Only honey and water. These are two ingredients of medovina, which is Slovak for mead, the oldest alcoholic drink in the world. It has appeared in forests naturally without a human’s effort. In tree cavity – where was honey stored -was enough to add few drops of rainfall, the honey started to ferment and the…

As traditional carbonated soft drink sales continue to lag

As traditional carbonated soft drink sales continue to lag

Industry experts say Millennials are leading the escape from mass produced, over-processed and over-packaged foods with a demand for real, healthier ingredients. The same can be said for U.S. packaged beverages, according to Gary Hemphill, managing director of research for Beverage Marketing Corp. (BMC), who explains the marketplace is being reshaped by consumer demand for…

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