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Beverages – M&As, Funding & Investments
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Allied Blenders and Distillers to acquire Moradabad distillery assets for US$7.7M
ABDL plans Moradabad acquisition to boost bottling capacity and strengthen backward integration in India’s key liquor market.
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Guala Closures seeks regulatory approval to acquire Kenyan cap maker Metal Crowns
Italian closures group Guala moves to acquire Kenyan manufacturer Metal Crowns as it expands across East Africa.
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Coca-Cola halts sale of Costa Coffee after private equity bids fall short
Coca-Cola has paused plans to divest Costa Coffee after private equity offers failed to meet valuation expectations.
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Diageo reviews China assets, considers divestments as portfolio streamlining continues
Diageo explores options for its China business as the spirits giant accelerates global portfolio rationalisation.
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RNDC plans to divest operations in seven US States to Reyes Beverage Group
RNDC is considering selling operations in seven states as part of efforts to streamline its US distribution footprint.