Articles Tagged with ''mergers and acquisitions''

Keurig Dr Pepper (KDP), Burlington, Mass., and Plano, Texas, have entered into a definitive agreement to acquire CORE Nutrition LLC at a value of $525 million, or approximately $435 million net of anticipated tax benefits.

Reckless Love and Sunday Funday wines join WX Brands’ group of brands that include Bread & Butter, Chronic Cellars, Jamieson Ranch Vineyards, Jelly Jar and Our Daily Wines.

Beverage ingredient suppliers have announced new expansions as well as several leadership appointments.

Sazerac Co. Inc., Metairie, La., announced it will be purchasing 19 brands from London-based Diageo plc, including brands across the spirits and beer categories, the company says.

Vintage Wine Estates, Santa Rosa, Calif., has purchased wine brand Qupé. Founded in 1982 by Bob Lindquist, Qupé is internationally recognized for cool-climate, high-scoring Rhône varietals on California's Central Coast; notably Syrah, Grenache, Roussanne and Marsanne, the company says.

The Coca-Cola Co., Atlanta, reported continued momentum in its business for 2018, with strong financial results for the third quarter. Although reported net revenues for the quarter declined because of refranchising, the company delivered broad-based organic revenue (non-GAAP) and volume growth across all operating groups, while gaining value share globally, it reports.

Now in operation for nearly 70 years, the Hand Family Companies, Clarksville, Tenn., has grown from humble beginnings to becoming a multi-state beer and beverage distributor operating seven plants in three states, Tennessee, Kentucky and Illinois.

Atlanta-based Focus Brands Inc. (FBI) announced the successful completion of its previously announced tender offer for all of the outstanding shares of common stock of Jamba Inc. Jamba is now a wholly owned subsidiary of FBI.

DuPont Nutrition & Health is expanding its research and development (R&D) team by creating a “clean label hub” at the Brabrand facility, while TIC Gums has added 13 Non-GMO Project Verified seals to ingredients in their existing portfolio.

WX Brands, Novato, Calif., announced its purchase of the Reckless Love and Sunday Funday wine brands. Reckless Love and Sunday Funday wines join WX Brands' group of brands that include Bread & Butter, Chronic Cellars, Jamieson Ranch Vineyards, Jelly Jar and Our Daily Wines.