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Home » mergers and acquisitions

Articles Tagged with ''mergers and acquisitions''

Funky Buddha joins Constellation Brands

Purchase reinforces Constallation Brands' high-end beer strategy
September 15, 2017
Constellation Brands Inc., Victor, N.Y., announced its purchase of Oakland Park, Fla.-based Funky Buddha Brewery, reinforcing its strategy to lead the high-end beer segment in the United States. Funky Buddha will join Constellation’s Craft & Specialty Beer Group.
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Prinova acquires Lycored nutrient premix business

Beverage ingredient suppliers announce growing availability
August 15, 2017
Lawrence, N.J.-based iTi Tropicals partnered with local starlets “The Kitchen Twins” to create a video demonstrating the benefits of blending coconut water with juices.
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Private equity firm acquires King Juice Co.

Mason Wells takes ownership of Calypso brand
August 1, 2017

Milwaukee-based King Juice Co. Inc., the owner of the Calypso beverage brand and a co-manufacturer of non-carbonated beverages, announced an investment from private equity firm Mason Wells. 


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Starbucks reports Q3 results

Company announces strategic actions to optimize store portfolio
July 28, 2017

Starbucks Corp., Seattle, reported financial results for its 13-week fiscal third quarter and 39-week fiscal year to date ended July 2. Fiscal 2017 and fiscal 2016 GAAP results include items which are excluded from non-GAAP results. 


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Cott Corp. sells Cott Beverages to Refresco

Refresco gains 29 production sites
July 25, 2017

Cott Corp., Tampa, Fla., announced that it has entered into a definitive agreement to sell its traditional beverage manufacturing business — Cott Beverages — to Refresco, the Netherlands, for $1.25 billion. The transaction includes Cott's North America, United Kingdom and Mexico businesses and excludes the RCI International division and its associated concentrate facility as well as the Aimia Foods division.


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Anheuser-Busch acquires Hiball Energy

Acquisition expands A-B’s non-alcohol portfolio
July 21, 2017

St. Louis-based Anheuser-Busch (A-B), a division of Anheuser-Busch InBev, announced its acquisition of San Francisco-based Hiball, maker of the organic energy drinks and sparkling energy waters by the same name, as well as Alta Palla ("high ball" in Italian), a brand of organic sparkling juices and sparkling waters. 


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Vintage Wine Estates buys Firesteed Cellars

Purchase comes on the heels of acquisition streak by VWE
July 14, 2017
Vintage Wine Estates (VWE), Santa Rosa, Calif., announced the purchase of its first fine wine brand from Oregon: Firesteed Cellars of the Willamette Valley.
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Lavazza Group purchases equity stake in Kicking Horse

Lavazza secures 80 percent intrest in company
July 14, 2017
The Lavazza Group, Turin, Italy, announced the purchase of an equity stake in Kicking Horse Coffee Ltd. from the private-equity fund Swander Pace Capital, which originally acquired the investment in 2012 in partnership with Jefferson Capital and United Natural Foods.
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Amazon to acquire Whole Foods Market

Transaction valued at $13.7 billion
June 16, 2017

Seattle-based Amazon and Whole Foods Market Inc., Austin, Texas, announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 a share in an all-cash transaction valued at approximately $13.7 billion, including Whole Foods Market’s net debt.


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Heineken acquires remaining stake in Legunitas Brewing Co.

Lagunitas to continue to operate as independent entity
June 16, 2017

Heineken N.V., Amsterdam, announced that it has acquired the remaining shares in Lagunitas Brewing Co., Petaluma, Calif. To maintain the Lagunitas culture and free spirit, the company will continue to operate as an independent entity within Heineken and will report within the Heineken Americas Region, the company says.


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