UK: AG Barr acquires Fentimans, Frobishers for £51 million
AG Barr, the Scottish soft drinks manufacturer best known for Irn-Bru, has significantly expanded its portfolio with the acquisition of two premium British drinks brands, Fentimans and Frobishers, in separate deals worth a combined £51 million ($70 million). The Cumbernauld-based group paid approximately £38 million ($52 million) for Fentimans, the Hexham-based maker of botanically brewed […]
Brazil: Baly Brasil acquires factory in Ararangua
Baly Brasil, the Brazilian beverage manufacturer and leader in the national energy drink market, has acquired an industrial facility previously belonging to tobacco processor Alliance One in Ararangua, Santa Catarina, for an undisclosed sum. The acquisition of the 500,000-sq m site (including 100,000 sq m of built area) marks the establishment of Baly’s fourth manufacturing […]
Tradeshow Insight: Gulfood 2026
Held from 26th to 30th January, Gulfood 2026 marked a significant structural change for the annual event by operating simultaneously across two venues for the first time: the Dubai World Trade Centre (DWTC) and the Dubai Exhibition Centre (DEC) at Expo City Dubai. This expansion brought the total event space to over 280,000 sq m, […]
France: Danone enters meal replacement category with Alpro launch
Danone, the French food giant, has expanded its Alpro plant-based portfolio with the launch of Meal to Go, a new range of meal replacement drinks designed to capture the growing on-the-go nutrition market. The new line, which has initially rolled out in Belgium and Germany, marks the brand’s first foray into the complete nutrition category. […]
USA: Beyond Meat expands into functional drinks
Beyond Meat, the US-based plant-based meat substitute producer, has ventured outside the food category for the first time with the launch of a new functional protein beverage line. The new product, branded as Beyond Immerse, has been introduced as a “refreshing” plant-based protein drink designed to support muscle health, gut health, and immune function. The […]
Australia: Reliance Consumer Products to acquire majority stake in Nexba
Reliance Consumer Products Limited (RCPL), the FMCG arm of the Indian conglomerate Reliance Industries, has reached an agreement to acquire a controlling 75% stake in Goodness Group Global, the Australian parent company of functional drinks brand Nexba. The deal is valued at approximately A$25.4 million ($16.6 million), according to documents shared with the company’s crowdfunding […]
UK: Skip debuts lion’s mane functional beverage range
Skip, the UK-based functional soft drinks company, has expanded its product portfolio with the introduction of its first beverages featuring lion’s mane mushroom extract. The new Skip Lion’s Mane range is being launched exclusively across the 625-store estate of UK retailer Home Bargains. Available in two sparkling flavours – Blood Orange and Cloudy Apple – […]
Indonesia: Unilever to divest tea business for $89 million
Unilever Indonesia, the local arm of the British consumer goods giant, has reached an agreement to sell its tea business to PT Savoria Kreasi Rasa, a subsidiary of the Indonesian conglomerate Djarum Group. The deal, valued at 1.5 trillion IDR ($89.4 million), includes the divestment of the SariWangi brand, which Unilever originally acquired in 1989. […]
Canada: Cizzle Brands to acquire Flow Beverage Corp in $85.6 million deal
Cizzle Brands, a Canadian investment firm, has entered into an agreement to acquire Flow Beverage Corp, the Ontario-based alkaline spring water producer, for a total enterprise value of approximately C$85.6 million ($60.63 million). Flow Beverage Corp is known for its alkaline water sourced from artesian springs and packaged in plant-based Tetra Pak cartons. Under the […]
USA: Laird Superfood to acquire Navitas
Laird Superfood, the US manufacturer of plant-based functional foods, has entered into a definitive agreement to acquire Navitas, the organic “superfood” brand, for $38.5 million in cash. The transaction, which is expected to close in the first quarter of 2026, will be funded through a $50 million private placement of Series A Convertible Preferred Stock […]