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Drinks Industry News
485 posts
Next Century Spirits acquires health-conscious beverage firm XED Beverages
Next Century Spirits (NCS), a US-based spirits company, has acquired XED Beverages, a health-conscious beverages retailer, for an…
Campari to acquire US craft distillery Wilderness Trail Distillery
Campari Group, an Italian beverages company, has agreed to acquire an initial 70% interest of the outstanding capital…
Nutrabolt introduces new on-the-go zero sugar electrolyte supplement Xtend Healthy Hydration
Nutrabolt has launched XTEND Healthy Hydration, a new on-the-go electrolyte supplement, marking the XTEND brand’s entry into the…
China Resources Beer to buy over 55% stake in Guizhou Jinsha Winery for $1.6bn
China Resources Beer (Holdings) Company has agreed to acquire a stake of 55.19% in Guizhou Jinsha Jiaojiu Winery…
Nestlé to acquire Seattle’s Best Coffee brand from Starbucks
NestlĂ© has entered into an agreement with Starbucks Coffee Company to acquire the Seattle’s Best Coffee brand from…
Refresco to acquire Australian beverage manufacturer Tru Blu Beverages
Dutch beverage solutions provider Refresco Group B.V. has agreed to acquire Tru Blu Beverages, an Australian manufacturer of…
Coca-Cola HBC to buy adult sparkling beverage and mixer brand Three Cents
Coca-Cola HBC said that its fully-owned subsidiary — CC Beverages Holdings II has agreed to acquire ESM Effervescent…
Coca-Cola Q2 2022 net income down by 27% to $1.9bn
Coca-Cola Q2 2022 results : The Coca-Cola Company has reported a net income of $1.9 billion in the…
Pepsi Bottling Ventures to install new $35m bottling line in Winston-Salem
Pepsi Bottling Ventures (PBV) will invest $35 million in installing a new bottling line at its production facility…
Unilever wraps up €4.5bn sale of ekaterra tea business
Unilever has wrapped up the €4.5 billion sale of ekaterra tea business to the CVC Capital Partners Fund…