Refresco, the global beverage solutions specialist, has sold the brand rights of its fruit drinks brand Wicky to local Dutch soft beverages business Riedel. While the financial terms of the transaction were not disclosed, both firms released a joint statement indicating that the agreement will allow the Wicky brand to realise its full potential. Sold across the Netherlands and Belgium, Wicky is a fruit drink brand available in flavours including …
Refresco
Refresco, the German beverage bottling company, has agreed to acquire the business operations of insolvent German mineral water and soft drinks producer Rhenser Mineralbrunnen. The agreement was reached following negotiations with Rhenser Mineralbrunnen’s provisional insolvency administrator, Alexander Jüchser, and managing director, Holger Sieck. A creditors’ committee has approved the transaction, which is scheduled to become effective on the 1st August. While financial details of the deal have not been disclosed, …
Refresco, the Netherlands-based beverage solutions giant, has entered into a definitive agreement to acquire SunOpta, the North American plant-based food and drink specialist, in an all-cash transaction valued at approximately $1.1 billion. Under the terms of the agreement, Refresco will pay $6.50 per share for the Eden Prairie (MN) headquartered firm, which represents a significant premium over its recent trading price. SunOpta provides supply chain solutions and innovation for major brands, …
Refresco, the independent drinks bottler, has announced that it has entered into an agreement to acquire Telemark Kildevann (“TKV”), a leading Norwegian beverage manufacturer. TKV is a family-owned manufacturer of soft drinks and bottled water, operating two production sites in Norway. It supplies both retailers and branded customers across Norway and Sweden. Commenting on the move, Refresco CEO Hans Roelofs said: “The acquisition of TKV marks another milestone in the …
Refresco, the independent drinks bottler, has announced that it has entered into an agreement to acquire Frias Nutrition, a leading manufacturer of plant-based drinks and meat substitutes, from Alantra Private Equity and the founding family. Frias, which employs around 250 people, is described as a manufacturer of oat, almond and soy drinks, as well as broths, creams and tofu for major European retailers, and has a production facility located in …
Global independent beverage solutions provider Refresco has acquired Avandis, a manufacturer of alcoholic beverages, from cocktails spirits companies Lucas Bols N.V. and De Kuyper Royal Distillers. With the acquisition, Refresco will expand the offering in the alcoholic category in Europe and according to company’s press release, the company is now a step closer to achieve its goal of “Our Drinks On Every Table”. The production facility of Avandis in Zoetermeer, …
Independent drinks bottler Refresco has announced that set to acquire the Germany-based beverage company Hansa-Heeman. Hansa-Heeman, which employs around 800 people, manufactures drinks for both private labels and manufacturer brands. 60% of the firm’s volume is in mineral water, with the remaining 40% in carbonated soft drinks. Its annual revenue is approximately €300 million ($356 million). Refresco said it would acquire brands such as Furst Bismarck, Hella, and St. Michaeli, …
Refresco, the Dutch soft drinks firm, has reached a deal with PepsiCo which will see it acquire a number of the US firm’s factories in Spain, according to reports in FoodBev and Food Business Africa. Under the terms of the agreement, PepsiCo will transfer two of the three factories it currently operates in Spain – Tafalla (Navarra) and Seville – to Refresco, meaning Refresco will produce a proportion of PepsiCo’s drinks …
Refresco, an independent bottler of beverages for retailers and manufacturers in Europe and the US, has announced the acquisition of Cott Beverages in an all-cash transaction worth $1.25 billion. Cott Beverages, which generates $1.7 billion in annual revenues, is described as drinks firm Cott’s “traditional beverage manufacturing business”. It is one of the world’s largest producers of non-alcoholic beverages with a portfolio including carbonated soft drinks, shelf stable juice and …
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