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- BEVERAGE R&D
On Sept. 21, SABMiller plc, London, entered into an agreement with Melbourne, Australia-based Foster Group Ltd. to acquire all shares in the company.
Starbucks Coffee Co., Seattle, announced the acquisition of Evolution Fresh Inc., San Bernardino, Calif. The $30 million acquisition is part of the coffee company’s commitment to evolve and enhance the customer experience with innovative and wholesome products, the company says. It announced plans to reinvent the $1.6 billion super-premium juice segment and said the acquisition is a significant step in entering the more than $50 billion health and wellness sector.
Campbell Soup Co., Camden, N.J., has entered into an agreement to acquire Bolthouse Farms, Bakersfield, Calif., from a fund managed by private equity firm Madison Dearborn Partners LLC for $1.55 billion in cash.
Dublin-based C&C Group, manufacturer of cider brands in Ireland and the U.K., will acquire Vermont Hard Cider Co., Middlebury, Vt., for $305 million.
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