Exciting News: In a strategic move, Molson Coors has acquired an 8.5% stake in Fever-Tree, a renowned producer of nonalcoholic carbonated mixers, for $89 million. This acquisition aligns with Molson’s vision of expanding its beverage portfolio to cater to a…
Tag:
stake
-
-
Dive Brief: Spindrift Beverage has announced a majority stake sale to private equity firm Gryphon Investors, with former Boston Beer head Dave Burwick taking over as CEO. Spindrift, known for its low-sugar sparkling water with real fruit flavors, has seen…
-
Expanding its reach beyond beer, Molson Coors has taken a majority ownership stake in Zoa, the energy brand founded by Dwayne “The Rock” Johnson. The financial details of the transaction were not disclosed. This acquisition grants Molson Coors influence over…
-
Exciting News from Mondelēz International’s SnackFutures Ventures In a strategic move, SnackFutures Ventures, the corporate venture capital arm of Mondelēz International, has acquired a minority stake in Urban Legend, a rapidly growing fresh doughnut and pastry business based in the…
-
Cal-Maine Invests in Crepini to Expand into Ready-to-Eat Foods Cal-Maine, the largest U.S. egg producer, has announced a majority stake in wrap and crepe maker Crepini as part of a new joint venture. This move signals the company’s strategic shift…