Tag archive for ‘Drinks acquisition news’
By businessnewstoday On Wednesday, August 19th, 2020

Siegfried gin brand owner Rheinland Distillers secures investment from Diageo

(adsbygoogle = window.adsbygoogle || []).push({}); German distiller Rheinland Distillers, which owns Siegfried Rheinland Dry Gin and Siegfried Wonderleaf, a non-alcoholic gin alternative, has secured More...

By businessnewstoday On Wednesday, August 19th, 2020

Diageo to acquire Davos Brands to gain ownership of Aviation American Gin

UK-based beverage alcohol giant Diageo will take ownership of Aviation American Gin by acquiring Aviation Gin and Davos Brands (collectively Davos Brands) in a deal worth up to $610 million. The American style gin More...

By businessnewstoday On Monday, August 10th, 2020

Florida Food Products acquires tea and coffee extracts supplier Amelia Bay

Florida Food Products (FPP), a food and beverage ingredient solutions provider, has acquired Amelia Bay, a Georgia-based provider of fresh brewed tea extracts, coffee extracts and botanicals, for an undisclosed More...

By businessnewstoday On Monday, June 8th, 2020

Campari Group to acquire stake in online wines and spirits company Tannico

Italian drinks company Campari Group has agreed to acquire a stake of 49% in Tannico, an e-commerce platform for wines and premium spirits in Italy, for €23.4 million from the latter’s CEO Marco Magnocavallo, More...

By businessnewstoday On Wednesday, March 11th, 2020

PepsiCo to acquire Rockstar Energy Beverages for $3.85bn

PepsiCo acquisition of Rockstar Energy Beverages : PepsiCo has signed a $3.85 billion deal to acquire Las Vegas-based energy drink maker Rockstar Energy Beverages in a move to expand its footprint in the fast-growing More...

By Soujanya Ravi On Wednesday, February 19th, 2020

Ronnoco Beverage buys dispensed beverage provider Trident Beverage

Missouri-based Ronnoco Beverage Solutions has acquired Houston-based dispensed beverage provider Trident Beverage for an undisclosed price. Established in 2004, Trident Beverage offers a range of beverage and dispenser More...

By Soujanya Ravi On Monday, February 17th, 2020

Cott Corporation to sell S&D Coffee and Tea to Westrock Coffee for $405m

Cott Corporation, a US beverage and food service company, is divesting its S&D Coffee and Tea to Westrock Coffee Company, for $405 million in an all-cash deal as part of its transition towards becoming a pure-play More...

By Soujanya Ravi On Thursday, February 13th, 2020

ABG buys majority stake in spirits distribution company Indie Brands

Amber Beverage Group (ABG), a producer, distributor, and retailer of alcoholic beverages, has acquired a majority stake in UK-based premium spirits distribution company Indie Brands, for an undisclosed price. Indie More...

By businessnewstoday On Friday, December 13th, 2019

Constellation Brands, E. & J. Gallo Winery sign revised deal to address FTC concerns

US drinks companies Constellation Brands and E. & J. Gallo Winery have agreed to revise their previously announced $1.7 billion deal in order to address regulatory concerns, as per the latest drinks acquisition More...

By businessnewstoday On Wednesday, November 13th, 2019

AB InBev to take 100% stake in craft beers producer Craft Brew Alliance

AB InBev acquisition of Craft Brew Alliance : Belgian drinks giant Anheuser-Busch InBev (AB InBev) has agreed to take full ownership in Portland-based craft brewing company Craft Brew Alliance (CBA) in a deal worth More...