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Tag: bottle

  • Centurium Capital Brews Expansion with Acquisition of Blue Bottle Coffee from Nestlé

    Centurium Capital Brews Expansion with Acquisition of Blue Bottle Coffee from Nestlé

    In a strategic move, Centurium Capital, a private equity firm based in China and a significant investor in Luckin Coffee, has reportedly purchased the specialty coffee chain Blue Bottle Coffee from multi-national conglomerate Nestlé.

    Acquisition Details

    Reportedly, Centurium Capital is set to acquire Blue Bottle’s worldwide cafe operations at a price point under US$400 million. It’s anticipated that Nestlé will maintain ownership of other business components, which include Blue Bottle-branded coffee machines, capsule systems, and packaged coffee products.

    Inside sources have confirmed that an agreement has been signed, although the deal is still in the process of being formally closed.

    Luckin Coffee’s Expansion

    This acquisition occurs as Luckin Coffee continues its swift global expansion, now operating over 30,000 stores worldwide. The purchase of Blue Bottle is expected to bolster Luckin’s efforts to expedite its entry into the premium coffee market segment.

    Established in California in 2002, Blue Bottle has garnered a reputation in the specialty coffee market. Nestlé took a controlling stake in the brand in 2017 for an approximate sum of US$425 million.

    As of now, Blue Bottle oversees more than 100 locations across Asia and the United States.

    Previous Acquisition Considerations

    In the previous year, it was reported that Luckin Coffee was contemplating a bid for Blue Bottle, while Nestlé was reportedly collaborating with Morgan Stanley to evaluate a potential sale of the business.

    Questions & Answers

    What company has Centurium Capital reportedly purchased?
    Centurium Capital has reportedly acquired the specialty coffee chain Blue Bottle Coffee.

    What parts of the business will Nestlé retain?
    Nestlé is expected to retain Blue Bottle-branded coffee machines, capsule systems, and packaged coffee products.

    What effect will this acquisition have on Luckin Coffee’s market position?
    The acquisition of Blue Bottle is expected to support Luckin Coffee’s efforts to expedite its entry into the premium coffee market segment.

  • Sip Coco’s Pure Coconut Water Takes Australia By Storm With New One-litre Bottles

    Sip Coco’s Pure Coconut Water Takes Australia By Storm With New One-litre Bottles

    Sip Coco, a prominent retailer of coconut water, recently introduced one-litre bottles of their product to the market. The coconut water, which is 100% pure and contains no added sugar, is lauded for its five natural electrolytes such as sodium, potassium, magnesium, calcium, and phosphorus. The product can be found in cafes, independent stores, and hospitality venues all over Australia, all contained in unique teal-coloured bottles.

    The Success of Sip Coco’s Launch

    Just a few months ago, the company unveiled their bright and invigorating Sip Coco cans that have since been a hit with consumers. The cans have found their way into a variety of venues and activities, from running clubs to yoga sessions, and from cafe gatherings to post-workout hydration. Sip Coco CEO, Chris Seaton, stated that the positive reception and demand from Australians for their straightforward, refreshing coconut water led to the creation of their one-litre size. Australians were eager for more, wanting to prolong the enjoyment of their coconut water and share it with others, prompting the larger, ‘super-sized’ Sip Coco bottle.

    One-Litre Bottles: One Flavour Offering

    While Sip Coco offers a range of flavours in their canned product line – including passionfruit, ginger, watermelon, lychee, and pineapple – for now, the one-litre bottle is only available in the original coconut water flavour. This decision reinforces the company’s focus on delivering a simple, pure and refreshing coconut water experience in their new bottle format.

    Questions & Answers

    What is unique about Sip Coco’s coconut water?
    Sip Coco’s coconut water is 100% pure and contains no added sugar. It comes in a distinctive teal-coloured bottle and is available in a one-litre size.

    What led to the creation of the one-litre Sip Coco bottle?
    The positive reception from Australians and their desire to have more of the refreshing, no-fuss coconut water to share and enjoy led to the development of the larger, one-litre Sip Coco bottle.

    Are other flavours available in the one-litre Sip Coco bottle?
    Currently, only the original coconut water flavour is available in the one-litre bottle. Other flavours, such as passionfruit, ginger, watermelon, lychee, and pineapple, are available in the canned product line.

  • Cointreau revamps bottle design, a first in 140 years

    Cointreau revamps bottle design, a first in 140 years

    French liqueur brand Cointreau has unveiled a redesign of its popular amber bottle, the first significant revamp in 140 years.

    Cointreau, an orange liqueur, has been produced in Angers, France since 1849. It is distilled with a combination of sweet and bitter orange peels to produce a clear spirit that enhances the flavour of cocktails.

    The new bottle has an updated shape, including a longer neck – making it easy to pour – and features a minimal illustration of the Maison embellished with Cointreau’s signature copper foiling.

    The lid now features an embossed pattern to enhance form and function while adding grip to the cap.

    In the last three years alone, the brand has reported a 40 percent increase in sales of its 700ml bottles as margaritas reign as a consumer favorite.

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  • Hong Kong entrepreneur launches boutique wine concept Penticton at The Mills

    Hong Kong entrepreneur launches boutique wine concept Penticton at The Mills

    Bespoke wine seller Penticton is bringing little-known French vintages to Hong Kong.

    The business incorporates sulfite-free vintages and labels from female producers in its collection of curated bottles.

    “We are driven to discover the most intriguing expressions of what wine can be, and like to think that there is a story behind each bottle that we import,” said company head and Le Cordon Bleu-trained sommelier Olivia Lee in an interview with HKTDC’s online magazine Hong Kong Means Business.

    “By uncovering the secrets of lesser-known makers and female winemakers, we aim to shine a light on a new generation of innovative winemaking.”

    Penticton works with winemakers who “respect their role as custodians of nature” and focuses on Hong Kong as one of the world’s largest wine ports that remains heavily skewed towards more the well-known labels.

    The firm now attracts many customers to Tsuen Wan with special events such as tastings and plans to open further outlets in the New Territories area.

  • Love Yourself a BTS-themed coca cola

    Love Yourself a BTS-themed coca cola

    Coca-Cola launched BTS-themed bottles as part of its “Share a Coke” campaign on Monday. The bottles come in seven different designs – each one representing a member of the K-pop boy group – with inspirational messages referencing the group’s song titles. This year, the special Coke bottle labels read in Korean “Your spring day is today,” “I’m fine if it’s you,” “Run like yourself,” “You’re really dope,” “You are my idol,” “Go instead of worry” and “This year is blazing fire.”

    Bottles are also decorated with images of the members’ faces and vivid colors like pink, yellow and green.

    The BTS-themed drinks are available in grocery stores and convenience stores across Korea. They come in 350-milliliter (12-ounce) aluminum cans and 500-milliliter, 1.5-liter and 1.8-liter bottles.

    Coca-Cola in Korea has been launching special edition Coke bottles as part of its Share a Coke storytelling campaign since 2014. The campaign’s goal is to help consumers share hopeful messages with friends and family by exchanging the drinks with one another.