PepsiCo Inc., Purchase, N.Y., announced that it has entered into an agreement to acquire Las Vegas-based Rockstar Energy Beverages for $3.85 billion.

Just like The Force in the infamous ‘Star Wars’ franchise, The Boston Beer Co. and Dogfish Head Brewery, two iconic independent craft breweries founded in 1984 and 1995, respectively, are joining forces to take their brands to the next level.

Dairy Farmers of America Inc. (DFA), Kansas City, Kan., announced an agreement has been reached with Dean Foods (Dean) for the farmer-owned cooperative to become the stalking horse bidder to acquire a substantial portion of Dean's assets and business.

Lower-middle-market private equity firm Huron Capital announced that its platform company Ronnoco Beverage Solutions, a manufacturer and distributor of premium quality coffee, tea and related products, has acquired Trident Beverage, a provider of high-quality beverages and dispensing products for a variety of foodservice establishments.

Tenth and Blake Beer Co., the U.S. craft division of Chicago-based Molson Coors Beverage Co., announced an agreement to acquire Detroit-based Atwater Brewery.

Cott Corp., Tampa, Fla., continues its transition into a pure-play water solutions provider with its announcement that it has entered into a definitive agreement pursuant to which Cott will sell S&D Coffee and Tea to Westrock Coffee Co. LLC for $405 million on a debt free and cash free basis, subject to a customary working capital adjustment, it says.

The Coca-Cola Co., Atlanta, reported another quarter of strong growth, along with achieving or exceeding all guidance for the full year 2019. The company continued to execute its growth strategy, allowing it to deliver strong revenue and profit growth for the quarter and full year while gaining value share globally, it says.

Purity Organic Inc., Oakland, Calif., announced the acquisition of Dunn's River Brands Inc., Austin, Texas. Dunn's River Brand's consumer brands include Sweet Leaf Tea as well as Tradewinds Beverage Co.