Items Tagged with 'mergers and acquisitions'

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Bacardi acquires Angel’s Envy brand

Deal brings spirits company into bourbon category

Bacardi Ltd., Hamilton, Bermuda, expanded its portfolio of super-premium spirits with the acquisition of Louisville-based Angel’s Share Brands; its subsidiary, Louisville Distilling Co.; and its Angel’s Envy brand. This deal marks the company’s entry into the bourbon category of the North American whiskey sector.


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H.J. Heinz Co., Kraft Foods Group to merge

Kraft Heinz Co. would be third largest food and beverage company in North America

Pittsburgh-based H.J. Heinz Co. and Northfield, Ill.-based Kraft Foods Group Inc. announced that they have signed a definitive merger agreement to form The Kraft Heinz Co., which would make the new company the third-largest food and beverage company in North America and the fifth largest in the world, the companies report. 


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Braintrust acquires Blue Buddha

Acquisition marks Braintrust's second RTD tea investment this year

Braintrust Investments LLC, Burr Ridge, Ill., announced that its  Wilmington, DE-based subsidiary Wholesome Tea Company LLC acquired the business of Blue Buddha Beverages LLC, Westerly, R.I.


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Coca-Cola signs definitive agreement with Great Lakes Coca-Cola Distribution

Great Lakes to dedicate sales, distribution activities to Coca-Cola brands

Atlanta-based The Coca-Cola Co. signed a definitive agreement with Great Lakes Coca-Cola Distribution LLC, a wholly owned subsidiary of Reyes Holdings LLC, Rosemont, Ill. This agreement follows a letter of intent announced in February with Reyes Holdings LLC for the granting of territories in the greater Chicago area. The Coca-Cola Co. anticipates closing the transaction in 2015, but financial terms were not disclosed.


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Farmer Bros. Co. to acquire Rae' Launo's DSD and in-room distribution business

Acquisition increases Farmer Bros.’ presence in Southeastern U.S., hospitality sector

Torrance, Calif.-based Farmer Bros. Co. announced a definitive agreement to acquire from Tampa, Fla.-based Rae' Launo Corp. (RLC) assets relating to RLC's direct-store delivery (DSD) business that primarily serves convenience stores in the Southeast and its in-room distributor channel that primarily serves the hospitality industry.


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Supplier's News: November 2014

Kenworth takes T680 Advantage on the road

Kenworth Truck Co., Kirkland, Wash., took its Kenworth T680 Advantage truck on the road this summer as part of its “Efficiency in Motion” tour, which visited numerous Kenworth-dealer-hosted events throughout the United States and Canada to show the truck’s fuel efficiency and cost savings. The company completed the tour Oct. 1.


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San Diego craft breweries join forces

Green Flash Brewing Co. acquires Alpine Beer Co.

San Diego-based Green Flash Brewing Co. announced that it has acquired Alpine Beer Co., also of San Diego. Green Flash Founders Mike and Lisa Hinkley and Alpine Beer Founders Pat and Val McIlhenney noted that the merger will allow the breweries to join forces to share resources, knowledge and experience.


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Lassonde sales up double digits in Q3

Apple & Eve acquisition boosts sales

Lassonde Industries Inc., Rougemont, Quebec, posted sales of $315 million in the third quarter of 2014, marking a 22.3 percent increase compared with the prior-year period. Sales for the third quarter included the Apple & Eve LLC (A&E) portfolio, which was acquired earlier this year. Profit attributable to the company's shareholders for this period totaled $10.6 million, reflecting a decrease of $600,000 from the third quarter of 2013.


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How beer brands are using social media to connect with consumers

Social media has become a buzzword for not just American consumers but also the business environment. Companies are turning to various social media channels to create brand awareness or possibly boost retail sales. Beer brands also are turning to social media to make their stories heard. Brand Chorus, a division of New York-based TippingGardner, conducted a Beer StoryScore Index for Beverage Industry. StoryScore is a quantitative measure of a brand’s storytelling through social management based on creativity, strategy and personality.

Click here to view infographic in PDF format.

2/18/15 2:00 pm EST

A Healthy Future: Analyzing the latest health and wellness trends in the beverage market

The beverage marketplace continues to evolve to meet new trends and regulations. Our expert speakers will share with you their insight on what health and wellness topics will be paramount for the future success in the beverage industry.

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Gert van Manen, president of iTi Tropicals Inc., shares his insights on the U.S. coconut water market. Citing research from Krueger Food Laboratories, he also supplies information highlighting the difference between products that declare their added sugars and those that do not.

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BI April 2015 cover

2015 April

The April 2015 Beverage Industry includes a cover story on Zevia's natural sweetener, as well as articles on CSDs, whiskey, and more. Check it out today!

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Cleaning-in-Place: Dairy, Food and Beverage Operations, 3rd Edition

This book addresses the principles of cleaning operations, water supply issues and the science of detergents and disinfectants.

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