Tag: Drinks acquisition news

Brown-Forman to sell Alabama Cooperage to Independent Stave Company

businessnewstoday- February 18, 2024

In a significant move within the whiskey industry, Brown-Forman Corporation (NYSE: BFA, BFB) announced the sale of its Jack Daniel Cooperage in Trinity, Alabama, to ... Read More

Asahi acquires Octopi Brewing to expand North American presence

businessnewstoday- January 7, 2024

Asahi Europe & International (AEI), a subsidiary of Asahi Group Holdings, announced its acquisition of Octopi Brewing, a leading beverage production facility in Waunakee, Wisconsin. ... Read More

Brown-Forman finalizes sale of Finlandia Vodka to Coca-Cola HBC for $220m

businessnewstoday- November 5, 2023

In a strategic move aimed at enhancing its premium brand portfolio, Brown-Forman Corporation (NYSE: BFA, BFB) has completed the sale of its renowned Finlandia vodka ... Read More

HEINEKEN completes sale of Russian operations to Arnest Group

businessnewstoday- August 27, 2023

Dutch brewing giant HEINEKEN announced today the completion of its transaction to sell its Russian operations to Arnest Group. This move finalizes HEINEKEN's exit from ... Read More

Coca-Cola bottler CCEP proposes $1.8bn purchase of Coca-Cola Beverages Philippines

businessnewstoday- August 2, 2023

Coca-Cola Europacific Partners plc (CCEP) and Aboitiz Equity Ventures Inc. (AEV) have announced their intention to jointly acquire Coca-Cola Beverages Philippines, Inc. (CCBPI) from The ... Read More

Richardson Malting acquires Anglia Maltings to expand international malt production

businessnewstoday- July 9, 2023

Richardson Malting, a UK-based subsidiary of Canadian agriculture and food processing giant Richardson International, has acquired Ragleth Limited, the holding company for Anglia Maltings (Holdings) ... Read More

Monster Beverage eyes assets of Bang Energy amidst bankruptcy

businessnewstoday- July 4, 2023

Monster Beverage Corporation, the maker of energy drink Monster Energy, and Vital Pharmaceuticals (d/b/a Bang Energy) have revealed their plans to enter an asset purchase ... Read More

Royal Unibrew to acquire Dutch soft drinks company Vrumona from Heineken

businessnewstoday- July 3, 2023

Royal Unibrew A/S, a Danish brewing and beverage company, has announced the signing of an agreement to purchase Vrumona from Heineken. As the second largest ... Read More

Pernod Ricard to buy majority stake in American whiskey brand Skrewball

businessnewstoday- April 29, 2023

Pernod Ricard USA has agreed to acquire a majority stake in Skrewball, a peanut butter-flavored American whiskey, for an undisclosed price. Skrewball, which is said ... Read More

Reliance Consumer Products to buy 50% stake in Sosyo Hajoori Beverages

businessnewstoday- January 4, 2023

Reliance Retail Ventures Limited (RRVL) said that its FMCG arm Reliance Consumer Products Limited (RCPL) will acquire a 50% stake in Sosyo Hajoori Beverages (SHBPL), ... Read More