stake

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…

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…

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…

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…

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…

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…

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…