Sparkling mineral water brand accelerates company’s evolution, it says
October 4, 2017
According to an article on Atlanta-based The Coca-Cola Co.’s Coca-Cola Journey website, the company acquired Topo Chico, a premium sparkling mineral water. Topo Chico joins The Coca-Cola Co.’s Venturing & Emerging Brands (VEB) unit, it states.
Bottler’s footprint expands within southern territories
October 2, 2017
Coca-Cola Bottling Co. Consolidated, Charlotte, N.C., announced that it entered into and completed transactions with The Coca-Cola Co., Atlanta, to exchange distribution territory.
Company purchased First Quality Water & Beverage’s Pennsylvania operations
October 2, 2017
Niagara Bottling LLC, Ontario, Calif., acquired the bottled water business formerly owned and operated by First Quality Water & Beverage LLC of Lock Haven, Pa. First Quality produced private label and Pureau brand bottled water.
Duckhorn Wine Co. (DWC), Napa Valley, Calif., announced the acquisition of Calera Wine Co. The sale includes the Calera winery, its brand, tasting room, estate vineyards, and all inventory and assets.
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.
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.
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.
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.
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.
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.