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Home » mergers and acquisitions

Articles Tagged with ''mergers and acquisitions''

Supplier's News: November 2014

Kenworth takes T680 Advantage on the road
November 14, 2014

Kenworth Truck Co., Kirkland, Wash., took its Kenworth T680 Advantage truck on the road this summer as part of its “Efficiency in Motion” tour, which visited numerous Kenworth-dealer-hosted events throughout the United States and Canada to show the truck’s fuel efficiency and cost savings. The company completed the tour Oct. 1.


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San Diego craft breweries join forces

Green Flash Brewing Co. acquires Alpine Beer Co.
November 11, 2014

San Diego-based Green Flash Brewing Co. announced that it has acquired Alpine Beer Co., also of San Diego. Green Flash Founders Mike and Lisa Hinkley and Alpine Beer Founders Pat and Val McIlhenney noted that the merger will allow the breweries to join forces to share resources, knowledge and experience.


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Lassonde sales up double digits in Q3

Apple & Eve acquisition boosts sales
November 10, 2014

Lassonde Industries Inc., Rougemont, Quebec, posted sales of $315 million in the third quarter of 2014, marking a 22.3 percent increase compared with the prior-year period. Sales for the third quarter included the Apple & Eve LLC (A&E) portfolio, which was acquired earlier this year. Profit attributable to the company's shareholders for this period totaled $10.6 million, reflecting a decrease of $600,000 from the third quarter of 2013.


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Anheuser-Busch to purchase 10 Barrel Brewing

Oregon-based craft brewery and three brewpubs to be included in acquisition
November 6, 2014

St. Louis-based Anheuser-Busch announced its intention to purchase craft brewer 10 Barrel Brewing Co., Bend, Ore.


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DPS acquires assets of Davis Beverage Group, Davis Bottling Co.

Company adds glass package manufacturing capabilities and distribution territory
November 3, 2014

Dr Pepper Snapple Group (DPS), Plano, Texas, completed its acquisition of the business assets of Bethlehem, Pa.-based Davis Beverage Group and Davis Bottling Co. The acquisition includes a 42-county distribution territory covering most of the eastern half of Pennsylvania, excluding the Philadelphia area, as well as western and central New Jersey.


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Level 5 Beverage acquires majority stake in Avanzar Sales and Distribution

Acquisition will increase Avanzar’s distribution footprint in Southern California and the Southwest
October 27, 2014

Level 5 Beverage Co. Inc., a Houston, Texas-based subsidiary of Minerco Resources Inc., acquired a controlling interest in Avanzar Sales and Distribution LLC, Brea, Calif.


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R&D News: IFT names new president

Ingredient suppliers add distribution partnerships
October 16, 2014

Long Island City, N.Y.-based eSense LLC announced that Caleb Berridge has joined the company as a sales executive for the New England region.


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Ingredion to acquire Penford for approximately $340 million

Acquisition will expand Ingredion’s specialty ingredients portfolio
October 15, 2014

Westchester, Ill.-based Ingredion Inc., a global ingredients solutions provider specializing in nature-based sweeteners, starches and nutrition ingredients, entered into a definitive agreement to acquire Penford Corp., a Centennial, Colo.-based leader in specialty ingredients for food and non-food applications.


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Pabst Brewing sold to Oasis Beverages

TSG Consumer Partners will acquire minority stake
September 19, 2014

Cyprus-based Oasis Beverages has entered into a definitive agreement to acquire Pabst Brewing Co., Los Angeles.


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WhiteWave Foods to acquire So Delicious Dairy Free for $195 million

New brands to expand WhiteWave’s plant-based food and beverages platform
September 18, 2014

The WhiteWave Foods Co., Broomfield, Colo., announced that it has agreed to acquire So Delicious Dairy Free, Eugene, Ore., from its existing shareholders, led by Wasserstein & Co., for approximately $195 million in cash.


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