The transaction is subject to customary closing conditions, including approval by a majority of CBA’s shareholders not affiliated with A-B and certain regulatory approvals, and is expected to close in 2020.
Acquisition will expand company’s water, coffee services
November 18, 2019
Cott Corp., Toronto and Tampa, Fla., announced that DS Services of America Inc., a wholly owned subsidiary of Cott, substantially acquired all of the assets of WG America Co. and certain affiliated companies: The Water Guy.
Craft Brew Alliance will join company’s Brewers Collective
November 14, 2019
Craft Brew Alliance (CBA). Portland, Ore., and Anheuser-Busch (A-B), a subsidiary of Leuven, Belgium-based Anheuser-Busch InBev, jointly announced an agreement to expand their partnership, with A-B agreeing to purchase the remaining CBA shares it does not already own in a merger transaction for $16.50 a share, in cash.
The acquisition brings product and operational assets to Eastside including more than 2,600 on-premise points of distribution, a direct sales team and a product line.
Purchase expands beer wholesaler fully into spirits market
October 28, 2019
In a move that pushes Fort Worth, Texas-based Ben E. Keith Beverages fully into the spirits market, the company has acquired Dallas-based Artisanal Beverage Distributor's assets, adding 20 suppliers to its growing lineup of spirits and expanding its spirits distribution footprint statewide.
Through this transaction, Two Roots Brewing Co., a licensed trademark of Lighthouse Strategies LLC, will expand the company’s U.S. market presence of Two Roots Brewing Co.
Purchase includes brand, inventory, winery, estate vineyard and tasting rooms
September 23, 2019
Vintage Wine Estates, Santa Rosa, Calif., announced the addition of Owen Roe, with locations in Yakima, Wash., (winery, vineyards and tasting room) and Willamette Valley, Ore., (tasting room) to its fine wine portfolio.