Castillo Hermanos has made a bold $1.5 billion move to acquire Harvest Hill Beverage Company, home to brands like SunnyD. While SunnyD’s surprising sales growth defies health-conscious trends, Castillo Hermanos plans to leverage evolving consumer needs and Harvest Hill’s infrastructure to unlock growth opportunities.
Shrinkflation, the practice of reducing product sizes while maintaining prices, has become a common cost-management strategy for manufacturers amid rising costs. Experts predict the tactic is here to stay, for multiple reasons.
Fresh orange juice producers continue to walk a fine line between supply and demand while consumer beverage preferences fluctuate widely.
PepsiCo has announced plans to sell Tropicana, Naked, and other juice brands across North America to private equity firm PAI Partners for about $3.3 billion. The soda giant is just the latest such company to …
