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Beverages – M&As, Funding & Investments
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African Originals expands portfolio with launch of Ember – Pine Poa
African Originals introduces Ember – Pine Poa, a tropical-flavoured spirit featuring coconut and pineapple notes
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IndoBevs to invest US$24M in new malt distillery in Uttar Pradesh to expand premium whisky production
IndoBevs plans a $24 million malt distillery in Uttar Pradesh as it expands premium whisky production capacity and strengthens its long-term strategy in India’s growing spirits market.
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Phoenix Beverages invests US$15M in new production line in Mauritius
The new line aims to double manufacturing capacity while enhancing sustainability, export potential and technological capabilities.
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Allied Blenders to acquire 50% stake in Kion Blenders
Allied Blenders strengthens its alcohol manufacturing footprint with a strategic stake in Kion Blenders and plans for a 200 KLPD distillery in Andhra Pradesh.
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Tilray Brands acquires BrewDog for US$44.1M
Deal preserves 733 jobs but 38 UK bars will close under administration process.