Articles Tagged with ''mergers and acquisitions''

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.

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. 

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. 

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.

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.

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.

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.