Latest Posts Under: Drinks Industry News

Stonyfield Organic launches new probiotic yogurt drink – Daily Probiotics

Stonyfield Organic, an organic yogurt producer, has rolled out Daily Probiotics, a probiotic yogurt drink in the US, which is claimed to support both immune and digestive health. The probiotic yogurt drink comes in a 3.1oz easy-to-drink bottle and is available in two flavors – Blueberry Pomegranate and Strawberry Acai. Stonyfield Organic said that the […]

MTN Dew Zero Sugar launch : PepsiCo expands Mountain Dew range with new sugarless version

MTN DEW Zero Sugar launch : PepsiCo North America Beverages has launched a sugar-free version of its carbonated soft drink Mountain Dew in the US, as per the latest soft drink industry news. According to PepsiCo, the latest product – Mountain Dew sugarless flavor, called MTN DEW Zero Sugar, has the same bold charge and […]

Cott subsidiary Eden Springs acquires Watercooler Gigant from Leylines

Cott Corporation, a bottled water delivery services provider, said that its subsidiary Eden Springs has acquired the Watercooler Gigant business of Netherlands-based Leylines for an undisclosed price. Watercooler Gigant is an e-commerce platform in the Netherlands which is engaged in supplying bottled water coolers and filtration solutions to commercial and residential clients. Through the acquisition […]

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 […]

BJ’s Wholesale Club launches Wellsley Farms premium spirits

BJ’s Wholesale Club, a US membership-only warehouse club chain, has announced the availability of a premium spirits collection from its exclusive Wellsley Farms brand. The retailer said that its members can buy the new spirits, which include vodka, Canadian Whisky, and Irish Whiskey, at select BJ’s clubs. Wellsley Farms spirits, which can be added to […]

TA Associates invests in Taiwanese tea brand Gong cha

Taiwanese tea brand Gong cha Group has closed an undisclosed investment from global growth private equity firm TA Associates. Established in 2006, Gong cha offers tea, products, and services by procuring ingredients from selected suppliers and giving customers freshly brewed tea. The company’s main product is the Taiwanese-style bubble tea, which is sweet milk tea […]

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 […]

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