UK: Britvic adds bottling line to Beckton factory
Britvic, the UK soft drinks maker, has announced it is adding a sixth bottling line to its Beckton facility in East London via a £22.5 million ($28.6 million) investment. The expansion is designed to help support Britvic’s long-term growth ambitions in Britain, increasing production capacity at the site by nearly 30%, the company said. The new line […]
USA: AB InBev sells beer, energy drink brands to Tilray Brands
Tilray Brands, a US pharmaceutical and FMCG firm, has announced it has acquired eight beer and energy drink brands from multinational brewer AB InBev in a deal worth $85 million. The acquisition of the Shock Top, Breckenridge Brewery, Blue Point Brewing, 10 Barrel Brewing, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider and HiBall Energy […]
Australia: Beam Suntory and Frucor Suntory launch Suntory Oceania
Beam Suntory and Frucor Suntory have announced the launch of Suntory Oceania, a A$3 billion ($2 billion) partnership to manufacture and distribute premium spirits and alcohol-free drinks in Australia and New Zealand. Suntory Oceania will market 40 leading alcoholic drinks brands including Jim Beam, Maker’s Mark, Hibiki Whisky, and Canadian Club, with the non-alcoholic drinks […]
Philippines: Coca-Cola Europacific Partners acquires Coca-Cola Beverages Philippines
Coca-Cola Europacific Partners plc has announced that, together with Aboitiz Equity Ventures Inc., the companies have entered into a letter of intent to purchase Coca-Cola Beverages Philippines, Inc. According to a press release by Coca-Cola Europacific Partners, the two companies have agreed and signed a non-binding Term Sheet to purchase Coca-Cola Beverages Philippines for $1.8 […]
Australia: Kommunity Brew acquires Cool Cool Beverage Company
Kommunity Brew, a Western Australian functional beverage company, has acquired Melbourne’s Cool Cool Beverage Company (CCBC). The acquisition will add the Sips Sparkling and Liberty Kombucha brands to Kommunity Brew’s portfolio and opens up immediate export opportunities for the company via Sips Sparkling’s shelf-stable product range. “The integration of CCBC into our business is a […]
USA: Keurig Dr Pepper takes minority stake in La Colombe
Keurig Dr Pepper (KDP), the leading North American drinks company, has announced a strategic partnership with La Colombe which will see it take a 33% ownership stake in the US coffee roaster via a $300 million investment. In a statement, KDP said the deal included a long-term sales and distribution agreement for La Colombe’s ready-to-drink […]
USA: Bobbie acquires Nature’s One
US infant formula firm Bobbie has announced the acquisition of Nature’s One, a paediatric nutrition company from the state of Ohio,. “The industry-disrupting acquisition allows Bobbie, the fastest-growing American infant formula company in the last five decades, to meet its full growth potential while strengthening domestic manufacturing”, the company said in a statement. Founded in […]
Brazil: Vida Veg invests $2 million in plant expansion
Vida Veg, a Brazilian producer of plant-based foods, has announced that the company is investing R$10 million ($2 million) to expand an existing plant in Lavras, Minas Gerais state. According to sources, the firm is tripling the size of the factory and looking to increase production capacity five-fold, with the aim of establishing capability for […]
USA: Monster to acquire Bang Energy
Monster, the leading US energy drinks company, has announced it has reached an agreement to acquire Vital Pharmaceuticals, owner of the Bang Energy brand, after the latter declared bankruptcy. In a statement, Monster said it would acquire Bang Energy’s performance beverages and related Bang Energy businesses through the purchase of substantially all of Bang Energy’s […]
Netherlands: Royal Unibrew acquires soft drinks firm Vrumona from Heineken
Royal Unibrew, the Danish brewing and beverage company, has signed an agreement to acquire non-alcoholic drinks firm Vrumona from Heineken in a deal worth €300 million ($315 million). Vrumona is a Dutch soft drinks company with a brand range including Royal Club, Sisi, Sourcy, as well as being a bottler for partner brands such as […]