Exciting News: Mission Produce Acquires Calavo Growers Mission Produce has announced its acquisition of rival Calavo Growers, solidifying their positions as two of the largest avocado companies in North America. The deal, valued at $430 million, is set to close…
buys
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AB InBev to Repurchase Minority Stake in U.S. Metal Container Plants for $3 Billion AB InBev has announced its plans to buy back a minority stake in its U.S. metal container plants for approximately $3 billion. The Bud Light maker…
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An AriZona Beverages subsidiary has bought a beverage packing facility in Anaheim, California, in a move to re-establish production at a shuttered facility. AriZona subsidiary Beverage Packers West bought the facility, plus equipment from Manna Beverages, for an undisclosed amount.…
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Horizon Family Brands has acquired Maple Hill Creamery, an organic dairy company, to solidify its position in the better-for-you food and beverage market. The financial details of the transaction were not disclosed. Founded in 2009 and based in New York,…
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Key Takeaways: Tito’s Handmade Vodka has acquired a majority stake in Lalo Tequila, marking the first acquisition in the company’s history. The financial details of the deal were not disclosed. Both Texas-based brands view this partnership as a unique opportunity…
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Key Takeaways: Insightful Analysis: The recent acquisition by Heartland of SLIMFAST is a strategic move to expand its presence in the better-for-you market segment. By adding a well-known brand like SLIMFAST to its portfolio, Heartland is not only catering to…
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Exciting news in the beverage industry as Generous Brands announces the acquisition of popular kombucha brand Health-Ade for a whopping $500 million. Health-Ade has quickly become a favorite among consumers, with its fermented fizzy tea offering probiotics and immune-boosting antioxidants…
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Chobani has announced its acquisition of plant-based food maker Daily Harvest, expanding its range of ready-to-make meals. The terms of the deal have not been disclosed. Daily Harvest, founded ten years ago, was one of the pioneers in delivering clean,…
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Welcome to the Latest News: Castillo Hermanos, a prominent business conglomerate from Guatemala, has recently announced its acquisition of Harvest Hill Beverage Company, the maker of popular drinks such as SunnyD, Juicy Juice, and Little Hug. The purchase was made…
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PepsiCo Acquires Poppi in Shift Towards Healthier Beverages PepsiCo, known for its sugary carbonated drinks, has made a significant move in the soda category by acquiring Poppi, a brand that focuses on functional ingredients and lower sugar content. This purchase…