Beverage Products

Highlights

US Embassy Canada
Beverage Products

Private Equity Firm Agrees to Acquire The Duckhorn Portfolio Wine Company

Oct. 7, 2024
$1.95 billion all-cash deal would take the wine company private and add to Butterfly Equity’s food and beverage portfolio.
Courtesy of Anheuser-Busch
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Capital Spending

Anheuser-Busch to Pour $16 Million in CapEx into Los Angeles Brewery

Oct. 3, 2024
Plans to expand packaging for non-beer brands like Cutwater and Nutrl, and make improvements to environmental impact, among other projects.
Courtesy of Diageo
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Beverage Products

Diageo Acquires Non-Alcoholic Spirits Brand Ritual Zero Proof

Sept. 26, 2024
Diageo now owns three of the five largest non-alcoholic brands globally by value.
siamionau pavel
Close-up view of a two glass of beer in hand. Beer glasses clinking at outdoor bar or pub
Mergers & Acquisitions

Tilray Completes Acquisition of Atwater Brewery from Molson Coors

Sept. 13, 2024
Tilray Brands closes on the first of four craft breweries acquired from Molson Coors Beverage Co. in August.
Courtesy of Farmhouse Inc.
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Mergers & Acquisitions

Farmhouse Inc. Buys T-Pain’s ‘Dranks’ Company

Sept. 12, 2024
Functional beverages brand Nappy Boy Dranks, founded by T-Pain, looks to grow in a big way with Farmhouse’s backing.
Cheribundi, Inc.
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People on the Move

NextFoods Adds New CMO and CFO to Executive Leadership Team

Sept. 6, 2024
Two industry veterans join the parent company of the Cheribundi and GoodBelly brands, looking to spark a new phase of growth and innovation.
Photoongraphy
Orange juice with fresh orange fruits in orange farming background.
Beverage Products

Perricone Farms Acquires Natalie’s Orchid Island Juice Co.

Sept. 4, 2024
Merger of two premium juice companies is expected to enhance coast-to-coast opportunities for both brands.
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Beverage Products

Enhancing Efficiency and Sustainability in Brewery Operations with Rittal Blue e+ AC Solutions

Aug. 30, 2024
A large U.S. brewery with multiple locations updated their enclosure cooling solutions and vastly improved energy efficiency.
Courtesy of Anheuser-Busch
williamsburg_virginia_anheuser-busch_brewery
Capital Spending

Anheuser-Busch Investing $6.5 Million in Williamsburg, Virginia, Brewery

Aug. 27, 2024
Improving efficiency, overhauling equipment and adding warehouse capacity at the 52-year-old brewery will be the primary focus of the capital expenditures.
Mergers & Acquisitions

Slice Soda Brand Acquired, Will Return to Stores in 2025

May 28, 2024
Suja Life adds 1980s/1990s soda brand to its portfolio and plans to relaunch it with improved ingredients and nutritional benefits.
Courtesy of Sapporo-Stone Brewing
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Plant Expansion

Sapporo-Stone Unveils Escondido, California, Expansion; Updates Richmond, Virginia, Project Status

May 23, 2024
Goal to shift brewing of Sapporo beers to the U.S. coming to fruition some two years after Sapporo acquired Stone Brewing.
Courtesy of Gallo
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Beverage Products

Gallo Enters Beer Category Through Montucky Cold Snacks Partnership

May 15, 2024
Gallo believes lager segment is a big category with room for fresh and innovative propositions, and will partner to propel Montana-based beer company forward.
Coca-Cola Co. website
Business of Food & Beverage

Coca-Cola Takes $760 Million Charge Against BodyArmor

May 6, 2024
Despite lower than expected results, ‘We believe in the power of our two sports brand strategy,’ chairman/CEO says.