Juicy J Invests In a Solar Energy Merger After Saying He Was Initially Going to Splurge on Jewelry
Instead of dropping stacks on a nice piece of wrist bling to add to his collection,
Juicy J decided to let his money make money while doing his part to support a more sustainable energy resource in the process.
The Academy Award-winning rapper, born Jordan Michael Houston III, has invested in solar energy company Heliogen, which announced a $2 billion merger with all-women-led SPAC Athena Technology Acquisition Corp. in early July. Juicy J admitted that although he was initially considering treating himself to an iced-out watch, he chose to spend more wisely.
Molson Coors' CEO has a bold plan to 'fundamentally change' the beer maker. But will it work? fooddive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fooddive.com Daily Mail and Mail on Sunday newspapers.
Growth in Demand from Consumers to Heighten Sales of Fruit Infused Water Market-Persistence Market Research
atulpmrMay 3, 2021 4
Persistence Market Research (PMR) has published a report on the fruit-infused water market, which includes the global industry analysis 2014-2018 and opportunity assessment 2019-2029, and projects that the fruit-infused water is expected to reach ~
US$ 10 Bn by the end of 2019 in terms of value, and is forecast to reach ~
US$ 21 Bn by the end of 2029.
The flavor and the nutritional content of fruit is infused in water to increase its nutritional quotient. The global population is becoming more health conscious, and focusing not only on healthy food, but also healthy drinks to ensure complete nutrition. Water with high nutritional quotient such as fruit-infused water, is gaining more popularity in the health conscious population. This increasing popularity of fruit-infused water is expected to drive the growth of the market.
Dive Brief:
Nestlé acquired Essentia Water, a premium functional brand, for an undisclosed amount, the food and beverage giant said in a statement. Essentia, which makes ionized alkaline water, posted sales in 2020 of $192 million.
Essentia is the leading alkaline water brand and the No. 1 selling bottled water in the natural channel, Nestlé said.
The acquisition of Essentia comes just two weeks after Nestlé sold its North American bottled water business, including brands such as Poland Spring, Deer Park and Pure Life, to private-equity firms One Rock Capital Partners and Metropoulos & Co. for $4.3 billion.
Dive Insight:
When Nestlé announced last month it was officially selling much of its water business, the deal was trumpeted as a way for the CPG giant to focus on its international premium brands including Perrier and San Pellegrino, as well as local natural mineral waters, healthy hydration products and functional water.