Skip to content
Search
AI Powered
Latest Stories

Heineken acquires minority stake in Ellie Goulding’s RTD

Heineken UK has acquired a significant minority stake in SERVED, the award-winning ready-to-drink brand, co-owned by Ellie Goulding, for an undisclosed sum.

SERVED was created by brothers Dean and Ryan Ginsberg, and Ellie Goulding in 2020, and has since become one of the fastest growing ‘ready to drink’ (RTD) brands in the UK. The SERVED range includes ready-to-drink cocktails and hard seltzers, made using only the finest natural and sustainably sourced ingredients, ‘wonky’ fruit, and premium spirits.


The strategic partnership will see Heineken support the brand into its next stage alongside the opportunity to take a leadership position in the wider UK RTD market. The founders will continue to build the brand independently as they further establish its premium and relatively ‘better-for-you’ positioning.

The UK RTD category has grown 47.5 per cent in five years and was worth £866m in 2022. The ready-to-drink cocktail category grew by an astonishing 24 per cent last year, as consumers look to enjoy high-quality cocktails in a convenient and sustainable format, a trend that is set to continue.

In a statement, Ellie Goulding stated that it’s always been important to us that any partner of SERVED must share the same values and vision for the future. Through our discussions and work together over the last nine months, we are excited to be partnering with Heineken - a family business with a strong vision for the category and set of values that align with our own.”

Dean Ginsberg noted the partnership as a “significant milestone,” and said although their focus has been to build the brand, their vision has “always been to lead the category.”

He added: “This partnership with Heineken will enable us to accelerate our growth and maximise the potential of the brand.”

Boudewijn Haarsma, Managing Director of Heineken UK comments: “We have been interested in expanding our premium portfolio beyond beer and cider, seeking the right opportunity to invest in new growth categories. Dean, Ryan and Ellie have built something unique and special in SERVED and we’re excited about the prospect of partnering with them and building the proposition for the future.”

More for you

Met Police identifies four suspects in Post Office Horizon scandal

Met Police identifies four suspects in Post Office Horizon scandal

The Metropolitan Police has identified two new suspects in its investigation into possible criminal offences as part of the Post Office Horizon scandal. This takes the total number of individuals to four as the force also revealed it believes more suspects will be identified as the inquiry progresses.

Scotland Yard said members of the investigation team met with Sir Alan Bates, the leading Post Office campaigner, and fellow victims to update them on the development.

Keep ReadingShow less
Discover Britain's top hotspots for independent shops

(Photo by Chris J Ratcliffe/Getty Images)

Discover Britain's top hotspots for independent shops

New research by American Express Shop Small reveals the nation’s top 10 hotspots for independent shops, showcasing the small businesses and the valuable role they plan in their local communities.

American Express partnered with retail experts GlobalData to identify the top high streets for independent shops through ranking factors such as the number of independent outlets, variety of business types, and vibrancy of the high street.

Keep ReadingShow less
'Walkable high streets boost economy'
(Photo by Christopher Furlong/Getty Images)
Getty Images

'Walkable high streets boost economy'

Shoppers who walk and wheel spend more than those arriving by car, states a recent report, demonstrating the significant economic and social benefits of investing in walkable town centres, challenging traditional views on urban accessibility.

The findings published in third edition of "The Pedestrian Pound Report", recently published by Living Streets, the UK charity for everyday walking, come at a critical juncture for British high streets, with a record number of retail failures in 2022 and a vacancy rate of nearly one in seven by the end of 2023.

Keep ReadingShow less
Yvette Cooper

Home secretary Yvette Cooper speaking at the annual conference hosted by the NPCC and APCC on 19 November 2024

Photo: GOV.UK

Home secretary pledges to restore neighbourhood policing

Home secretary Yvette Cooper has announced plans to rebuild neighbourhood policing and combat surging shop theft as part of an ambitious programme of reform to policing.

In her first major speech at the annual conference hosted by the National Police Chiefs’ Council and Association of Police and Crime Commissioners on Tuesday, Cooper highlighted four of the key areas for reform: neighbourhood policing, police performance, structures and capabilities, crime prevention.

Keep ReadingShow less
Andrew Bailey acknowledges retailers' warning on job cuts
Bank of England building on Threadneedle Street, CLondon (Photo: iStock)
Getty Images/iStockphoto

Andrew Bailey acknowledges retailers' warning on job cuts

Retailers are right to warn of potential job cuts as a result of tax increases announced at last month’s budget, Bank of England governor Andrew Bailey has said.

Bailey appeared before the cross-party Treasury select committee on Tuesday (19), after almost 80 retailers claimed rising costs would make “job losses inevitable, and higher prices a certainty”.

Keep ReadingShow less