Beverages – M&As, Funding & Investments

PepsiCo plans to invest Rs 5,700 crore in India by 2030 to expand snacks and beverage manufacturing capacity across Madhya Pradesh, Assam and Tamil Nadu.

Givaudan has expanded its innovation footprint in India with a new Bangalore application lab focused on sweet goods and beverages development for regional markets.

MeTL Group plans to establish a carbonated drinks factory in Mombasa as part of its expansion into Kenya’s beverage, energy and hospitality sectors.

Asahi has received regulatory exemptions in Kenya, Tanzania and Uganda to proceed with its acquisition of a controlling stake in East African Breweries.

Brown-Forman has rejected a $15 billion all-cash bid from Sazerac, following failed merger talks with Pernod Ricard as consolidation pressure builds in the spirits sector.