Reed's, a maker of sodas in natural food stores, and Jones Soda have entered into a letter of intent (LoI) regarding a merger, with Reed's as the surviving company. The combination would unite a number of soda brands, such as Reed's Ginger Brew, Virgil's, and Jones Soda.

Sensible Portions, a developer of gourmet snacks, has launched three guilt-free snacks designed to satisfy every craving, without sacrificing taste.

Restaurant firm Smashburger has selected its chairman David Prokupek to serve as CEO. Mr Prokupek has more than 20 years of experience as a CEO, entrepreneur and investment manager.

Del Monte Foods Company has reported net sales of $1.01 billion for the fiscal third quarter ended January 31, 2010, an increase of 7.5 percent, compared to $942.3m for the comparable period in 2009.

Celsius Holdings, a company engaged in producing and marketing functional beverages, has reported revenue of $2.4m for the fourth quarter ended December 31, 2009, an increase of 283 percent, compared to $621,000 for the same period in 2008.

Innovative Beverage Group Holdings has formed a partnership with Johnson Distributing Company, to bring the relaxation beverage to Wisconsin, marking its first distribution deal in the dairy state.

Dean Foods, a US-based dairy company, has promoted Chris Sliva to the new position of president for Morningstar division. Mr Sliva is currently COO of the Morningstar Division of Dean Foods. In this new role, he will oversee the Morningstar division's entire private label, extended shelf life and cultured businesses.

Dean Foods has begun converting its Schepps dairy product line to the Oak Farms brand in the Houston area. The move allows the company to build upon the Oak Farms local brand presence. Oak Farms already accounts for more than 75 percent of Dean Foods' branded white milk in South Texas.

Burger maker Bubba Foods has signed an agreement to purchase the Armour- Eckrich production plant located in Hastings, Nebraska to meet the growing national demand.

Sam’s Club, a division of Wal-Mart Stores, has expanded its wine offerings with the introduction of Infinite, a 2008 Spanish red wine. The Tempranillo variety is the basis of Infinite, complemented by a small proportion of Cabernet Sauvignon.