Articles Tagged with ''mergers and acquisitions''

Brown-Forman adds Fords Gin

The 86 Company team to remain part of brand going forward
June 10, 2019

Brown-Forman Corp., Louisville, Ky., has reached a definitive agreement to purchase The 86 Company. Upon completion, Brown-Forman will add Fords Gin, a premium gin to its growing portfolio.


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Boston Beer and Dogfish Head

Boston Beer, Dogfish Head Brewery merge

Combined company will maintain independent craft brewery status
May 10, 2019

Boston-based The Boston Beer Co. Inc. and Dogfish Head Brewery announced that the companies have signed a definitive merger agreement, bringing together two pioneering independent craft breweries. 


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Turkey Hill acquired by Peak Rock Capital

Acquisition marks private equity firms 8th food and beverage investment
April 29, 2019

An affiliate of Austin, Texas-based Peak Rock Capital, a middle-market private equity firm, announced that it has completed the previously announced acquisition of the Turkey Hill Dairy business from The Kroger Co.


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Keurig Dr Pepper (KDP)

Keurig Dr Pepper announces 2018 results

Full-year financial results first released since merger
February 28, 2019

Keurig Dr Pepper Inc., Burlington, Mass., and Plano, Texas, reported financial results for the fourth quarter and full year ending Dec. 31, 2018, and provided guidance for adjusted diluted EPS growth for 2019 in line with the company's merger targets.   


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Tom Harrington, chief executive officer for Cott Corporation. - Beverage Industry

Cott Corporation sees bright future with HOD water

Cott’s services business reaches 2.5 million customers
jessica Jacobsen
Jessica Jacobsen
February 21, 2019
Given the volume growth of packaged water, beverage manufacturers have taken notice of how consumers are reaching for hydration beverages over sweeter options, prompting them to rethink their own portfolios. This shifting sentiment caught the attention of Cott Corporation, thereby paving the way for the beverage manufacturer to create a new identity for itself.
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Columbia Distributing to acquire Graybeal Distributing

Company represents more than 500 brands
February 21, 2019
Employees, brands and warehouses of Eastern Oregon’s largest beverage distribution company will continue normal operations under the new ownership when the transaction closes on or around Feb. 28, it said.
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Sierra Nevada Brewing acquires Sufferfest Beer

Craft brewer adds functional alcoholic drink
February 4, 2019

Sufferfest Beer Co., San Francisco, will join Sierra Nevada Brewing Co., Chico, Calif., and Mills River, N.C., the breweries announced. Sierra Nevada will acquire 100 percent of Sufferfest, which is the company’s first-ever acquisition. The breweries stated shared values, commitment to innovation, and common goals as the root of the partnership, they add.


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PepsiCo completes acquisition of SodaStream

Completed with $144 a share
January 17, 2019
The transaction is another step in PepsiCo’s Performance with Purpose journey, supporting health and wellness through environmentally friendly, cost-effective and fun-to-use beverage solutions, and the company’s Beyond the Bottle strategy to form a more sustainable beverage ecosystem, it says.
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