UK: Nichols acquires VITHIT for €75 million
Nichols, the diversified UK-based soft drinks group, has acquired 100% of the share capital of functional drinks business VITHIT for a total cash consideration of €75.0 million ($82.3 million) on a debt-free, cash-free basis. Founded in Dublin in 2001, VITHIT produces a range of low-calorie, low-sugar functional beverages fortified with vitamins. The company holds market-leading […]
South Korea: Ocado and Lotte Shopping launch automated fulfilment centre
Ocado, the UK-based e-commerce technology company, and Lotte Shopping, the South Korean retail operator, have launched their first automated customer fulfilment centre (CFC) in Busan, South Korea. Following a partnership formed in 2022 and initial order fulfilment using Ocado’s in-store software in 2025, the new automated site will serve a catchment covering 4 million households […]
Belgium: Lotus Bakeries commits to €500 million global expansion programme
Lotus Bakeries, the Belgian biscuit manufacturer, has committed to investing at least €500 million ($548 million) across three continents between 2026 and 2030 in its largest-ever capital expenditure programme for the Biscoff brand. The multi-year investment strategy will deliver gradual capacity increases aligned with expected demand to support the brand’s long-term ambition to become the […]
USA: Axum Capital Partners to acquire controlling stake in sports drink Barcode
Axum Capital Partners, the US private equity firm, has agreed to acquire a controlling interest in Barcode, a US performance hydration brand. The transaction, which is expected to close during the third quarter of 2026, is described as representing a significant milestone in the brand’s journey. Produced by Drink Barcode, Barcode Performance Water is marketed […]
Canada: Corby Spirit and Wine sells Lamb’s rum brand for C$39.2 million
Corby Spirit and Wine, the Canadian spirits, wine, and ready-to-drink beverage manufacturer, has signed a definitive agreement to sell its Lamb’s rum brand and associated assets for C$39.2 million ($28.1 million). Under the terms of the deal, Maison des Futailles, a subsidiary of Canadian beverage platform Phildan, has acquired the North American rights to the […]
Canada: Kirin to acquire Jamieson Wellness in C$2.5 billion transaction
Jamieson Wellness, the Canadian manufacturer and marketer of vitamins, minerals and supplements, has entered into a definitive arrangement agreement to be acquired by Japanese food, beverage and pharmaceuticals firm Kirin. Under the terms of the transaction, Kirin will acquire all issued and outstanding common shares of Jamieson Wellness for C$45.75 ($33.56) per share in cash. […]
India: Nykaa acquires stake in D2C skincare brand Aminu
Indian beauty retailer Nykaa, via its parent company FSN E-Commerce Ventures, has approved the purchase of a 51% majority stake in direct-to-consumer skincare brand Aminu for a cash consideration of up to Rs 32 crore ($3.8 million). The transaction, structured on a fully diluted basis, is expected to complete by 15th September, with Nykaa planning […]
Spain: Entrepinares to invest €60 million in plant expansion
Entrepinares, the Spanish cheese and dairy products manufacturer, has announced an investment plan exceeding €60 million ($65 million) to boost the industrial, logistical and technological capacity of its Las Arenas manufacturing facility in Valladolid. Scheduled for completion by the end of 2027, the investment cycle focuses on introducing new ripening chambers, a finished product warehouse, […]
USA: Red Tree Beverages forays into spiked iced tea
Red Tree Beverages, a firewalled subsidiary of soft drinks giant Coca-Cola, is expanding its Minute Maid Spiked alcohol-ready-to-drink (ARTD) range with the launch of Vodka Lemonade Iced Tea. Designed to round out the brand’s vodka lemonade offerings, the new beverage blends vodka with “bright” lemonade and “refreshing” iced tea. The product is a non-carbonated drink […]
USA: Procter & Gamble to acquire supplement maker Thorne
Procter & Gamble (P&G), the US consumer goods giant, has entered into a definitive agreement to acquire Thorne, a US-based provider of personalized health and wellness solutions, from L Catterton’s Flagship Fund. Founded in 1984, Thorne offers clinical nutritional supplements and technology tools, including its AI-powered wellness advisor Taia. The company operates a manufacturing facility […]