Taste Radio
The ‘Real’ Story Behind Spindrift’s Stunning Success
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:47:34
- More information
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Synopsis
Even after 15 years and a majority sale – reportedly valued at over $650 million – of the company he founded, Bill Creelman remains convinced that Spindrift is just at the beginning of a “real” revolution. Since launching Spindrift in 2010, Bill has built the brand into a powerhouse, generating nearly $300 million in annual retail sales, according to Nielsen IQ. Spindrift is known for its sparkling water made with real fruit juice and purees, with no added sugars or added flavors. The brand has expanded its portfolio to include hard seltzers and, more recently, a mid-calorie soda line that harkens back to Spindrift’s original mission of delivering authentic, high-quality beverages. Earlier this year, private equity firm Gryphon Investors acquired a majority stake in Spindrift. As part of this transition, veteran CPG executive Dave Burwick stepped in as CEO, while Bill now serves as chairman of the board. Together, Bill and Dave are leading Spindrift into its next chapter, one focused on real ingredients and s