ST. LOUIS — Ronnoco Beverage Solutions said it is forecasting sales growth upwards of 20% following a string of new senior leadership appointments and acquisitions.
The company recently changed its name from Ronnoco Coffee to Ronnoco Beverage Solutions, after acquiring Beverage Solution Group in March. It was the company’s eighth acquisition in six years.
“As we have expanded our distributor network by adding eight new distributors in the past 18 months, our geography has increased from 30 states to more than 40 states served,” said Terry McDaniel, chief executive officer at Ronnoco Beverage Solutions. “As our business expands, our facilities and employee rosters follow, so this is a tremendous period of success for the entire team.”
Ronnoco recently expanded its St. Louis facility’s capacity, adding five packaging lines and doubling the coffee storage area. The company said it is currently upgrading its quality control lab in St. Louis as well as its facility in Oklahoma.
The company also added three senior executives to its leadership team recently.
Mr. McDaniel was named c.e.o. of Ronnoco Beverage Solutions Group in January 2018. He has more than 30 years of experience leading both large-cap and mid-cap public food and beverage companies. He joined Ronnoco from Inventure Foods, Inc., where he was c.e.o. for nearly 12 years.
Mr. McDaniel is joined by Chuck Sarosi, who was named vice-president, business development and sales operations, and Russ Law, who was named vice-president of sales, specialty channels.
“We’ve built a seasoned, specialized leadership team that forms our recipe for continued growth and expansion,” Mr. McDaniel said. “We are excited to see where the next few years takes us.”