Articles Tagged with ''mergers and acquisitions''

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.

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.

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.

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.

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

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.

Kyowa Hakko USA Inc., New York, announced the results of a randomized, double-blind, placebo-controlled human clinical trial conducted by The Brain Institute at the University of Utah.

Premium spirits business and independent Scottish family distillers William Grant & Sons Holdings Ltd., New York, acquired the Drambuie Liqueur Co. Ltd., the Glasgow, Scotland-based owner of the Drambuie whisky liqueur brand.

Dr Pepper Snapple Group (DPS), Plano, Texas, signed a non-binding letter of intent to acquire the business assets of Davis Beverage Group and Davis Bottling Co. If completed, the acquisition would include most of Davis’ direct-store-delivery territory in Pennsylvania and a portion of its New Jersey territory as well as its production and distribution facilities, delivery vehicles, vending equipment and other assets.

Essentia Water LLC, Bothell, Wash., secured a private placement investment led by Castanea Partners, a Newton, Mass.-based private equity firm that owned Fuze Beverage prior to its sale to The Coca-Cola Co., Atlanta.