Coca-Cola HBC said that its fully-owned subsidiary — CC Beverages Holdings II has agreed to acquire ESM Effervescent Sodas Management Limited (Three Cents), an adult sparkling beverage and mixer business, for a price of €45 million. ESM Effervescent Sodas Management is currently owned by S.I.C.C Holding Limited, a fully-owned subsidiary of Greece-based IDEAL Holdings. It […]
Junction Craft Brewery (JCB), a Canadian beverage producer, has acquired Woodhouse Brewing, an independent craft brewer in Toronto for an undisclosed price. The acquisition was carried out by a new parent company called Junction Craft Beverage Co. (JCBC). The brand portfolio of the new parent company will feature Junction Craft Brewery, Caribru, and Woodhouse Brewing. […]
The Coca-Cola Company has acquired full ownership of American sports performance and hydration beverages brand BODYARMOR by acquiring the 85% stake it previously didn’t own in an all-cash deal worth $5.6 billion. The soft drinks giant had acquired a 15% stake in BODYARMOR in 2018 with a direction to buy out the remaining stake based […]
French alcoholic drinks producer Pernod Ricard has agreed to acquire The Whisky Exchange, a UK-based spirits online and physical retailer, for an undisclosed price. Created by the duo of Sukhinder Singh and Rajbir Singh in 1999, The Whisky Exchange has a catalogue of nearly 10,000 products. The Whisky Exchange is said to have grown its […]
Wildpack Beverage, a Canada-based beverage manufacturing and packaging company, has agreed to acquire Vertical Distilling, an aluminum can filler, for $4.5 million in cash. Based in Colorado, Vertical Distilling is active in its home state and neighboring states. According to Wildpack Beverage, the areas served by the can filling company is a key region in […]
PepsiCo has agreed to sell Tropicana, Naked, and certain other juice brands in North America to PAI Partners, a French private equity firm, for around $3.3 billion. The soft drinks giant also has a binding option to divest some juice businesses in Europe as part of the deal, while retaining a non-controlling stake of 39% […]
Australis Capital (doing business as Audacious) has acquired California-based cannabinoid infused shot beverage company Gary Maverick, which operates under the brand name LOOS. The financial terms of the deal were not disclosed. Audacious said that with LOOS it is adding an exciting new beverage brand and product range to its portfolio, which is targeted at […]
Coca-Cola Hellenic Bottling Company (Coca-Cola HBC) has agreed to acquire a stake of 30% in Italian coffee company Casa Del Caffè Vergnano (Caffè Vergnano) for an undisclosed price. The Switzerland-based Coca Cola anchor bottler will acquire the stake through its fully-owned subsidiary CC Beverages Holdings II. Additionally, Coca-Cola HBC has entered into an exclusive distribution […]
Heineken N.V. has increased its stake in United Breweries Limited (UBL), an Indian brewing company, which was formerly owned by fugitive businessman Vijay Mallya, to 61.5%. The Dutch drinks company acquired an additional 39,644,346 shares in the Indian beer producer. Prior to this, Heineken N.V. had a stake of 46.5% in United Breweries Limited. The […]
UK-based soft drinks company Britvic has acquired Plenish, a plant-powered drinks brand, for an undisclosed price, in a deal announced earlier this month. The acquisition of Plenish is expected to boost Britvic’s offering in the plant-based segment. Established in 2012 by Kara Rosen, Plenish provides a variety of plant-based milks and plant-powered juice drinks, which […]