Costa platform will help expand company’s coffee presence
January 4, 2019
The Coca-Cola Co., Atlanta, has completed the acquisition of Costa Ltd. from Whitbread PLC. The $4.9 billion transaction follows approval from regulatory authorities in the European Union and China. The acquisition was first announced Aug. 31, 2018.
Acquisition includes brands from Star Industries, Black Prince Distillery
January 2, 2019
The Sazerac Co., Louisville, Ky., has completed the purchase of a number of brands from Star Industries, Syosset, N.Y., and Black Prince Distillery, Clifton, N.J.
Keurig Dr Pepper (KDP), Burlington, Mass., and Plano, Texas, have entered into a definitive agreement to acquire CORE Nutrition LLC at a value of $525 million, or approximately $435 million net of anticipated tax benefits.
Company purchases Reckless Love, Sunday Funday brands
November 21, 2018
Reckless Love and Sunday Funday wines join WX Brands’ group of brands that include Bread & Butter, Chronic Cellars, Jamieson Ranch Vineyards, Jelly Jar and Our Daily Wines.
Sazerac Co. Inc., Metairie, La., announced it will be purchasing 19 brands from London-based Diageo plc, including brands across the spirits and beer categories, the company says.
Acquisitions part of wine company’s aggressive growth strategy
November 6, 2018
Vintage Wine Estates, Santa Rosa, Calif., has purchased wine brand Qupé. Founded in 1982 by Bob Lindquist, Qupé is internationally recognized for cool-climate, high-scoring Rhône varietals on California's Central Coast; notably Syrah, Grenache, Roussanne and Marsanne, the company says.
The Coca-Cola Co., Atlanta, reported continued momentum in its business for 2018, with strong financial results for the third quarter. Although reported net revenues for the quarter declined because of refranchising, the company delivered broad-based organic revenue (non-GAAP) and volume growth across all operating groups, while gaining value share globally, it reports.
Now in operation for nearly 70 years, the Hand Family Companies, Clarksville, Tenn., has grown from humble beginnings to becoming a multi-state beer and beverage distributor operating seven plants in three states, Tennessee, Kentucky and Illinois.