Articles Tagged with ''mergers and acquisitions''

Firmenich announces first flavor facility in Lagos, Nigeria

Ingredient companies highlight expansions, new studies
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

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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Molson Coors completes transaction of MillerCoors

Company retains all rights to current portfolio brands in US and Puerto Rico

Molson Coors Brewing Co., Denver and Montreal, announced the successful completion of its previously announced acquisition of London-based SABMiller plc’s 58 percent stake in MillerCoors LLC, Chicago, the joint venture formed in the United States and Puerto Rico by both companies in 2008.


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Vintage Wine Estates buys Delectus Winery

Acquisition adds luxury red wines to portfolio

Vintage Wine Estates, Santa Rosa, Calif., announced the purchase of Delectus Winery, a producer of high-scoring, luxury appellation red wines. 


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Shareholders approve AB InBev, SABMiller merger

Company will maintain AB InBev name

Anheuser-Busch InBev (AB InBev), Leuven, Belgium, announced the results from its AB InBev General Meeting in connection with the proposed business combination between SABMiller plc and AB InBev. 


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Breakthru Beverage acquires C.R. Goodman

Acquisition expands Colorado distribution of import, craft beers

Craft and import beer distributor C.R. Goodman, Aurora, Colo., announced that it will sell the assets of its distribution business to New York-based Breakthru Beverage Group’s Colorado division: Breakthru Beverage of Colorado. Since it began operating in Colorado in 2006, C.R. Goodman has grown into one of the top craft and import distributors in the state, the company says. 


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Beverage ingredient companies announce investments, mergers

Ingredient manufacturers stress innovation
GNT Group, Mierlo, the Netherlands, is investing more than 3 million euros in its research and development capabilities. By constructing new laboratory facilities at its headquarters, the company will almost double its capacity for quality control and product development, it says.
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IFF to acquire David Michael

Closing expected in Q4 2016

International Flavors & Fragrances Inc. (IFF), New York, announced that it has entered into an agreement to acquire David Michael & Co. Inc., Philadelphia.


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Southern Glazer's completes merger

Distribution company runs operations in 44 states, District of Columbia, Carribean, Canada
Miami-based Southern Glazer's Wine and Spirits, LLC announced the completion of the business combination between Southern Wine & Spirits of America Inc., Miami, and Glazer's Inc., Dallas, forming Southern Glazer's. Southern and Glazer's announced Jan. 11 the signing of a definitive agreement to combine their businesses, the company says.
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Alliance Beverage Distributing becomes Breakthru Beverage Arizona

Company joins Breakthru Beverage as 14th state
New York-based Breakthru Beverage Group has acquired full ownership of Alliance Beverage Distributing Co. Alliance now will operate as Breakthru Beverage Arizona, joining the national distributor as the 14th state of the company’s U.S. operations, it says.
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