Key Takeaways: L Catterton is acquiring a majority stake in Good Culture, a cottage cheese manufacturer, in a deal valued at over $500 million. Good Culture plans to use the investment to expand production capacity, meet growing demand, and introduce…
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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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The Campbell’s Company Acquires Majority Stake in Rao’s Pasta Sauce Maker The Campbell’s Company has announced its acquisition of a 49% stake in La Regina, the manufacturer of Rao’s pasta sauce, with an option to purchase the remaining shares. The…
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Exciting News: Anheuser-Busch InBev Acquires Majority Stake in BeatBox Beverages Anheuser-Busch InBev has made a strategic move by acquiring up to $490 million for a majority stake in BeatBox Beverages, a popular party punch maker among Generation Z. This deal…
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Hormel Foods Establishes Partnership with Forward Consumer Partners Hormel Foods is selling a majority stake in Justin’s, the popular nut spreads and confectionery brand, to a private investment firm for an undisclosed amount. The Spam and Planters manufacturer is selling…
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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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Bloom Nutrition Strengthens Partnership with Nutrabolt, Expands Market Reach Nutrabolt has increased its investment in supplement and beverage brand Bloom Nutrition to about $210 million, solidifying their strategic partnership. This latest investment, totaling about $160 million, marks a significant step…
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Dive Brief: Elliott Investment Management has acquired a stake of approximately $4 billion in PepsiCo, with plans to push for changes at the food and beverage giant. The activist investor has outlined ways in which the company can boost revenue…
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Key Points: PepsiCo is increasing its ownership stake in Celsius Holdings as part of a $585 million deal to strengthen its presence in the energy drink category. PepsiCo will acquire convertible preferred stock in Celsius, raising its ownership stake to…
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Exciting News: Danone Acquires Majority Stake in Kate Farms Yogurt leader Danone announced on Monday that it has agreed to acquire a majority stake in Kate Farms, a renowned producer of plant-based nutrition shakes. This strategic acquisition will enhance Danone’s…