Idilia Foods, a diversified Spanish food and drinks firm. has announced the acquisition of 50% of dairy drinks maker Cacaolat from beermaker Damm. Founded in 1933 in Barcelona, Cacaolat is known for its namesake brand of chocolate milk, as well as Letona and Laccao, and generated turnover of €82 million ($88.1 million) in 2023. In a statement, Idilia Foods and Damm said the acquisition would allow Cacaolat to combine its …
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Damm
Carlsberg Marston’s Brewing Company (CMBC) has announced plans to sell the Eagle Brewery to its long-term partner, S.A. Damm. Damm is a Spanish brewer, best know for its premium beer Estrella Damm. Since 2010, the production of Estrella Damm for the UK has been packaged at the Eagle Brewery. As part of the agreement, the Eagle Brewery’s beers will remain part of the CMBC’s portfolio, and it will become the …
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