Beverages – World News
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PepsiCo opens US$467M Sabritas plant in Mexico amid US$2B investment plan
PepsiCo expands production in Mexico with a $467m Sabritas plant while navigating new soda tax reforms and strengthening local agricultural supply chains.
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Constellation Brands to acquire Hop Wtr, expanding non-alcoholic beverage portfolio
Constellation Brands moves to fully acquire Hop Wtr, strengthening its position in the fast-growing non-alcoholic and functional beverage segment in the US market.
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Tilray Brands partners with Popsicle to launch 5% ABV ready-to-drink Popsicle Hard cocktails
Tilray and Popsicle introduce nostalgic flavored alcoholic drinks, expanding into canned cocktails while strengthening Tilray’s beverage portfolio through strategic partnerships and acquisitions.
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Nestlé pushes ahead with US$5.75B Perrier and San Pellegrino deal
Private equity firms advance in bidding for Nestlé’s water business stake as the company accelerates restructuring and shifts focus to higher-growth categories.
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Sula Vineyards acquires Moët Hennessy’s Chanon estate in India
Sula Vineyards to acquire Chandon estate in Nashik, boosting production capacity and wine tourism ambitions as Moët Hennessy exits wine production in India.