Articles Tagged with ''mergers and acquisitions''

Ingredion acquires TIC Gums

Flavor Insights announces official launch of the company

March 15, 2017

Ingredion Inc., Westchester, Ill., has entered into a stock-purchase agreement to acquire all of the outstanding shares of White Marsh, Md.-based TIC Gums Inc.

Eastside Distilling acquires MotherLode Craft Distillery

Eastside plans joint expansion of both companies’ resources

March 14, 2017

Portland, Ore.-based Eastside Distilling Inc., a producer of hand-crafted spirits, announced the acquisition of MotherLode Craft Distillery, also based in Portland, Ore., and a provider of bottling services and production support to craft distilleries. Since its founding in 2014 by Allen Barteld, the mission of MotherLode has been to enable craft distillers to increase their production and extend their product lines, reducing cost and increasing efficiency, thereby freeing them to focus on their craft, the company says. The typical MotherLode customer is a distillery of small batch, hand-crafted spirits, or a premium craft spirit sold as a private label, it adds.

2017 Beer Report: Craft beer up single-digits in 2016

Analysts credit deceleration to SKU proliferation, quality issues

Jessica Jacobsen

March 9, 2017

After many years of double-digit gains in volume and dollar sales in the United States, the craft beer market could be approaching a status of maturation, according to market analysts.

Beverage sales vary across discount retailers

Expanded, healthy offerings drive foot traffic

Barbara Harfmann

February 10, 2017

As today’s consumers spend their dollars across more channels and store formats, retailers are facing increased competition for dollar share, experts note. Despite this fact, the overall discount retail channel performed “quite well” last year as dollar stores drove growth of nearly 7 percent, notes Jon Hauptman, senior director of retail at Long Grove, Ill.-based Willard Bishop Co., an Inmar analytics company.

IRI highlights hidden growth pockets

Strategies highlight 'buy, borrow and build'

February 7, 2017

Chicago-based Information Resources Inc. (IRI) published insights that revealed short- and long-term growth opportunities for consumer packaged goods (CPG) companies by identifying and capitalizing on dynamic consumer trends, particularly those that can command a premium in a particular niche, it says.

Beach Whiskey Co. purchases American Harvest Vodka

Organic vodka expected to regain national footprint in 2017

January 11, 2017

The Beach Whiskey Co., Carmel, Ind., announced its acquisition of American Harvest Vodka, an American-made organic vodka.

Southern Glazer’s announces departure of Rob Swartz

Swartz leaves after leading integration

January 3, 2017

Miami-based Southern Glazer’s Wine and Spirits LLC announced the planned departure of Rob Swartz, executive vice president of integration. Swartz led the team responsible for the integration of Southern Wine & Spirits of America Inc. and Glazer’s, Inc., which was announced in 2016. With the integration of the two companies well underway, Swartz transitioned out of Southern Glazer’s effective Dec.31, 2016, the company says.

Coca-Cola, AB InBev reach agreement on Africa business

Coca-Cola looks to refranchise new assets

December 21, 2016

Atlanta-based The Coca-Cola Co. and Anheuser-Busch InBev (AB InBev), Leuven, Belgium, have reached an agreement regarding the transition of AB InBev's 54.5 percent equity stake in Coca-Cola Beverages Africa (CCBA) for $3.15 billion, after customary adjustments.

KAH Tequila joins Stoli Group USA’s portfolio

Imported tequila offered in four varietals

December 20, 2016

New York-based Stoli Group USA LLC announced that effective immediately it will hold the importation, distribution, sales and marketing rights for the KAH Tequila brand. This development closes out a banner year across the portfolio, driven by continued sales increases for the group's namesake Stoli Vodka and its ultra-luxury elite Vodka, extension into 24 states for Bayou Rum, and the wine division's multiple recognitions, the company says.

Harvest Hill to acquire Nutrament business from Nestlé HealthCare Nutrition

Dairy-based energy drink product primarily available on East Coast, Canada and Caribbean Islands

December 7, 2016

Brynwood Partners VII LP, Greenwich, Conn., announced that its majority-owned portfolio company, Harvest Hill Beverage Co., has reached an agreement to acquire the Nutrament business from Nestlé HealthCare Nutrition Inc.

On Demand In Beverage Industry’s annual State of the Industry: The Alcohol Beverage Market, analysts at S&D Insights LLC delve into these trends and how they’re shaping the industry.