Beverages – M&As, Funding & Investments

PepsiCo’s largest bottler outside the US, Varun Beverages, will enter Africa’s alcoholic beverage market and launch operations in Kenya.

The beverage giant strengthens its financial position and boosts annual sales forecast following major funding for its JDE Peet’s acquisition.

The merger of Enartis and Parsec aims to form a global powerhouse offering integrated, automated, and sustainable winemaking solutions.

Coca-Cola reported steady revenue gains amid weak global demand and announced a US$2.55 billion sale of its Africa bottling unit.

The expansion will boost production capacity, create new jobs, and strengthen Sazerac’s long-term presence in New Albany.