Latest Posts Under: Drinks acquisition news

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 options to offices, daycares, schools, restaurants, bars and other food venues across the US. Ronnoco Beverage Solutions said that the acquisition of Trident Beverage, which is its […]

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 water solutions provider. S&D Coffee and Tea is a North Carolina-based beverage supplier which has been in the business […]

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 Brands, which was founded in 2012, is engaged in connecting original and distinctive drinks producers and like-minded individuals. The spirits that it distributes range from […]

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 news. Constellation Brands said that the revisions to the transaction are to resolve competitive issues brought up by the US Federal Trade […]

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 around $321 million, as per the latest drinks acquisition news. Currently, AB InBev holds a stake of 31.2% in Craft Brew […]

Pernod Ricard acquires Castle Brands for $223m

Pernod Ricard acquisition of Castle Brands : French alcoholic drinks producer Pernod Ricard has wrapped up its previously announced $223 million acquisition of US-based Castle Brands, the owner of Jefferson’s Bourbon brand. The deal was announced in August 2019 under which the French drinks company offered to pay $1.27 per share to acquire 100% of […]

SBD Capital to acquire Canadian cannabis beverage company Drip Beverages

SBD Capital acquisition of Drip Beverages : SBD Capital, a publicly-traded company, has issued a non-binding letter of intent to acquire Canada-based cannabis beverage and lifestyle brand Drip Beverages, as per the latest drinks acquisition news. The proposed acquisition of Drip Beverages will help SBD Capital foray into the cannabis beverage industry and further reinforce […]

Coca Cola HBC to acquire Italian beverage company Lurisia for US$97m

Coca Cola HBC acquisition of Lurisia : Coca Cola Hellenic Bottling Company (Coca Cola HBC), a Swiss bottling partner of The Coca‑Cola, has agreed to acquire Lurisia, an Italian natural mineral water and adult sparkling beverages firm, for the total enterprise value of €88 million (US$97 million). The acquisition executed through Coca Cola HBC’s wholly-owned […]

Carlton & United Breweries acquires Riot Wine, expands portfolio

Carlton & United Breweries acquisition of Riot Wine : Anheuser-Busch InBev (AB InBev) subsidiary Carlton & United Breweries (CUB) has acquired Australian canned wine company Riot Wine for an undisclosed amount, as per the latest drinks acquisition news. Adelaide-based Riot Wine is said to be the only wine company in the country that sells wine […]

Diageo acquires majority stake in non-alcoholic spirits brand Seedlip

Diageo investment in Seedlip: Diageo, through its startup accelerator program Distill Ventures, has acquired a majority stake in Seedlip, which is claimed to be the world’s first distilled non-alcoholic spirits brand, as per the latest drinks acquisition news. The acquisition marks the first non-alcoholic brand acquired by the beverage alcohol producer through Distill Ventures. Seedlip, […]

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