Brown-Forman to sell Alabama Cooperage to Independent Stave Company

Pallavi Madhiraju- February 18, 2024 0

In a significant move within the whiskey industry, Brown-Forman Corporation (NYSE: BFA, BFB) announced the sale of its Jack Daniel Cooperage in Trinity, Alabama, to ... Read More

Asahi acquires Octopi Brewing to expand North American presence

Pallavi Madhiraju- January 7, 2024 0

Asahi Europe & International (AEI), a subsidiary of Asahi Group Holdings, announced its acquisition of Octopi Brewing, a leading beverage production facility in Waunakee, Wisconsin. ... Read More

Brown-Forman finalizes sale of Finlandia Vodka to Coca-Cola HBC for $220m

Pallavi Madhiraju- November 5, 2023 0

In a strategic move aimed at enhancing its premium brand portfolio, Brown-Forman Corporation (NYSE: BFA, BFB) has completed the sale of its renowned Finlandia vodka ... Read More

HEINEKEN completes sale of Russian operations to Arnest Group

Pallavi Madhiraju- August 27, 2023 0

Dutch brewing giant HEINEKEN announced today the completion of its transaction to sell its Russian operations to Arnest Group. This move finalizes HEINEKEN's exit from ... Read More

Coca-Cola bottler CCEP proposes $1.8bn purchase of Coca-Cola Beverages Philippines

Pallavi Madhiraju- August 2, 2023 0

Coca-Cola Europacific Partners plc (CCEP) and Aboitiz Equity Ventures Inc. (AEV) have announced their intention to jointly acquire Coca-Cola Beverages Philippines, Inc. (CCBPI) from The ... Read More

Richardson Malting acquires Anglia Maltings to expand international malt production

Pallavi Madhiraju- July 9, 2023 0

Richardson Malting, a UK-based subsidiary of Canadian agriculture and food processing giant Richardson International, has acquired Ragleth Limited, the holding company for Anglia Maltings (Holdings) ... Read More

Monster Beverage eyes assets of Bang Energy amidst bankruptcy

Pallavi Madhiraju- July 4, 2023 0

Monster Beverage Corporation, the maker of energy drink Monster Energy, and Vital Pharmaceuticals (d/b/a Bang Energy) have revealed their plans to enter an asset purchase ... Read More

Royal Unibrew to acquire Dutch soft drinks company Vrumona from Heineken

Pallavi Madhiraju- July 3, 2023 0

Royal Unibrew A/S, a Danish brewing and beverage company, has announced the signing of an agreement to purchase Vrumona from Heineken. As the second largest ... Read More

Pernod Ricard to buy majority stake in American whiskey brand Skrewball

Pallavi Madhiraju- April 29, 2023 0

Pernod Ricard USA has agreed to acquire a majority stake in Skrewball, a peanut butter-flavored American whiskey, for an undisclosed price. Skrewball, which is said ... Read More

Reliance Consumer Products to buy 50% stake in Sosyo Hajoori Beverages

Pallavi Madhiraju- January 4, 2023 0

Reliance Retail Ventures Limited (RRVL) said that its FMCG arm Reliance Consumer Products Limited (RCPL) will acquire a 50% stake in Sosyo Hajoori Beverages (SHBPL), ... Read More