Australia: Tribe Breweries acquires craft brewer Black Hops
Tribe Breweries, the Australian beverage producer, has acquired Gold Coast-based craft brewer Black Hops out of voluntary administration for an undisclosed sum. Founded in 2014 in Burleigh Heads, Black Hops entered voluntary administration in March 2024. Following an initial financial restructuring, it reportedly entered administration for a second time in July after an unsuccessful attempt […]
Ireland: Old Canal Quay Spirits acquires Irish Mist from Heaven Hill Brands
The Old Canal Quay Spirits Company, the Dublin-based drinks business, has agreed to acquire the Irish Mist Liqueur brand from Heaven Hill Brands. Created in 1947 at Tullamore distillery in County Offaly, the expression combines Irish whiskey, honey and spices. The sale covers Zilorto Limited, a subsidiary of Heaven Hill Ireland that owns the brand. […]
USA: Constellation Brands acquires SpikedAde
Constellation Brands, the US-based total beverage alcohol company, has expanded its portfolio with the acquisition of alcoholic sports drink brand SpikedAde for a payment of $75 million at close. The transaction includes 100% ownership of the business, alongside contingent consideration of up to $278 million payable over five years based on future performance, according to […]
Germany: Morato Group acquires Jaus Bakery and CEA Italia
Morato Group, the Italian industrial bakery business headquartered in Altavilla Vicentina, has expanded its international footprint by acquiring German company Jaus Bakery alongside its Italian distributor, CEA Italia. The integration brings Morato Group’s consolidated revenue to € 500 million ($540 million), supported by over 1,800 employees and 19 manufacturing plants. The acquisition follows 15 strategic […]
USA: Next In Natural acquires Three Trees
Next In Natural, the US-based emerging brand platform, has acquired Three Trees, a Californian producer of organic plant-based milks and milk teas, marking its first venture into plant-based dairy. Founded by Jenny Eu in California, Three Trees offers whole nut and seed milks that contain up to four times more nuts and seeds than leading […]
Germany: TCB Gruppe to acquire Wolters beer brand
TCB Gruppe, the German beverage group, has announced plans to acquire the Wolters brand family and related assets, with intentions to continue the traditional Brunswick beer brand within the corporate group. Volksbank Brawo, the owner of essential assets, along with Hofbrauhaus Wolters and TCB Gruppe, collaborated on the solution, though the implementation remains subject to […]
Brazil: NotCo sells operations to local investors
NotCo, the Chilean food tech company, has sold its Brazilian business to local investment group Ferrara, three months after agreeing to transfer its operations in Argentina and Uruguay to Molinos Río de la Plata. The deal further reduces the number of markets where NotCo runs its branded food business itself, with financial terms left undisclosed. […]
Germany: Berentzen in takeover talks with Sazerac
Berentzen, the German beverage producer, has confirmed that it is in negotiations with US-based spirits manufacturer Sazerac regarding a voluntary public takeover offer. According to an information disclosure by the Haselünne-headquartered company, Sazerac is seeking to acquire all outstanding shares in Berentzen. Berentzen operates across the spirits, non-alcoholic beverages and fresh juice systems segments, with […]
France: Caudalie Group acquires majority stake in Talm
Caudalie Group, the French skincare group, has acquired a majority stake in Paris-based toiletries startup Talm for an undisclosed sum. Marking the first acquisition in the history of the group, the deal expands Caudalie’s portfolio into skincare products designed for pregnancy, the postnatal period and sensitive skin. Caudalie previously took a minority stake in the […]
USA: Hain Celestial to sell business outside North America
Hain Celestial, the health and wellness company, has entered into a definitive agreement to sell the majority of its business outside North America to global private equity firm Aurelius for an estimated $323 million in cash. Net proceeds from the transaction are expected to range between $305 million and $310 million, which the company plans […]