Articles Tagged with ''mergers and acquisitions''

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. 


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Sun Orchard acquires assets of Blue Lake Citrus Products

Transaction includes Noble juice brand, manufacturing equipment
November 29, 2016

Miami-based Sun Orchard, a premier juice and beverage products producer, announced the acquisition of certain assets of Blue Lake Citrus Products LLC, Winter Haven, Fla. Previously, Blue Lake was held by the Seminole Tribe of Florida Inc. and Wm. G. Roe & Sons Inc.


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Bai Black

DPS to acquire Bai Brands LLC for $1.7 billion

Founder Ben Weiss will continue to lead brand
November 22, 2016

Dr Pepper Snapple Group Inc. (DPS), Plano, Texas, has reached an agreement to acquire Bai Brands LLC, Princeton, N.J., and its complete portfolio of high-growth premium antioxidant-infused beverages. 


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KeVita

PepsiCo announces definitive agreement to acquire KeVita

Acquisition expands PepsiCo’s health-and-wellness offerings
November 22, 2016

Purchase, N.Y.-based PepsiCo Inc. announced that it has entered into a definitive agreement to acquire Oxnard, Calif.-based KeVita, a producer of fermented probiotic and kombucha beverages. The transaction will expand PepsiCo's health-and-wellness offerings in the premium chilled beverage space, the company says.  


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Welcome to Beverage Industry

Publication acquires BevOps Fleet Summit
Steve Pintarelli
November 14, 2016
At the end of September, Beverage Industry’s parent company BNP Media acquired Beverage World as well as its successful and well-attended BevOps Fleet Summit. Through this acquisition, the BNP Media Events team now will manage and produce the BevOps Fleet Summit, while Beverage World’s digital and print properties ceased operations, with October being the final print publication.
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Constellation Brands to acquire Charles Smith Wines

Acquisition to expand Constellation portfolio
November 14, 2016
Victor, N.Y.-based Constellation Brands announced it has reached an agreement with Charles Smith Wines LLC to acquire its fast-growing Washington State wines for approximately $120 million. The transaction, which closed in October, includes five super and ultra-premium wines: Kung Fu Girl Riesling, Velvet Devil Merlot, Boom Booom! Syrah, Eve Chardonnay and Chateau Smith Cabernet Sauvignon.
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Sill Family acquires Atlas Peak's Ardente Estate Winery

Includes 24.4 acres of vineyards
November 14, 2016
St. Helena, Calif.-based Sill Family Vineyards announced it acquired the Ardente Estate Winery, an Atlas Peak AVA Napa winery. The property consists of 24.4 acres within the fabled Atlas Peak appellation, it adds.
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Coca-Cola Beverages Florida adds territories, facilities

Company expands to north Florida in its coverage
November 2, 2016

Coca-Cola Beverages Florida LLC, Tampa, Fla., has closed a transaction with an affiliate of The Coca-Cola Co., Atlanta, for distribution rights in five North Florida territories, including Jacksonville, Gainesville, Orlando, Daytona and Brevard County, along with production facilities in Jacksonville and Orlando. 


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Firmenich announces first flavor facility in Lagos, Nigeria

Ingredient companies highlight expansions, new studies
October 14, 2016
Geneva, Switzerland-based Firmenich announced that it is opening its first flavor facility in Lagos, Nigeria. Designed to expand the company’s footprint in all flavor business segments across the region, the new state-of-the-art facility features labs for sweet goods, beverages and savory product development, as well as offices, it says. The new facility will serve more than 200 customers across 30 countries in Sub-Saharan Africa, it adds.
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Coca-Cola exercises option to acquire AB InBev’s stake in CCBA

Company plans to refranchise Africa division as soon as practical
October 11, 2016

Atlanta-based The Coca-Cola Co. announced its intention to acquire Leuven, Belgium-based Anheuser-Busch InBev’s (AB InBev) stake in Coca-Cola Beverages Africa (CCBA) following the closing of the AB InBev combination with SABMiller.


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