Articles Tagged with ''mergers and acquisitions''

Along with other news on developments and acquisitions, ingredient companies are spreading the word about new ingredients, including functional and masking ingredients.

Delicato Family Wines, Napa, Calif., and Francis Ford Coppola Winery announced that they will come together under one roof, strengthening the families' legacies. Under the terms of the agreement, the Francis Ford Coppola wine portfolio and two facilities anchored in Sonoma County, the Francis Ford Coppola Winery and the Virginia Dare Winery located in Geyserville, including the Archimedes Vineyard, will join Delicato.

Beverage Industry’s Top 100 Beverage Companies report, based on 2020 fiscal year sales, reflects the ebbs and flows that different factions of the alcohol and non-alcohol beverage market experienced in less than normal times.

E. & J. Gallo Winery (Gallo), Modesto, Calif., announced that its spirits division has signed an agreement to acquire Agave Loco LLC, the owner of RumChata, a leading cream liqueur brand.

One Rock Capital Partners LLC, in partnership with Metropoulos & Co., announced completion of the previously announced acquisition of Nestlé Waters North America (NWNA) from Nestlé S.A.

Nestlé USA, Arlington, Va., announced that it has acquired Essentia Water, Bothell, Wash. Essentia pioneered ionized alkaline water more than 20 years ago and is a leading brand in that space in the United States. This transaction is part of Nestlé's continued transformation of its global water business, which was announced in June 2020. The company is sharpening its portfolio to focus on international premium and mineral water brands and healthy hydration products, such as functional water. 

E. & J. Gallo Winery (Gallo), Modesto, Calif., has completed the acquisition of more than 30 wine brands from Constellation Brands Inc., Victor, N.Y.