In June, James Finlay acquired an equity stake in Aspen Beverage Group, a leading supplier of coffee extracts in the United States. Headquartered in Texas, Aspen Beverage has gained a significant presence in the fast-emerging cold brew coffee market. The purchase allows Finlays to leverage on Aspen Beverage's innovative technologies for ingredients extraction and concentration, especially in the cold brew coffee segment, and further expands Finlays' growing portfolio in the extracts and ingredients business.