The transaction will transfer Nectar Imports customers and distribution operations to Matthew Clark Bibendum as Asahi UK refocuses on brewing and brand development.
The acquisition complements Café170 as Mahou San Miguel targets a nationwide hospitality coffee rollout while continuing to diversify its beverage portfolio beyond beer.
The transaction includes major food and beverage brands and is expected to leave Hain focused on its North American portfolio and debt reduction.
The $2.3 billion transaction clears a key regulatory hurdle, with EABL remaining listed in Kenya, Uganda and Tanzania after the proposed ownership change.
The Valladolid facility adds automated production capacity, creates more than 200 jobs and strengthens Bepensa’s distribution network across Yucatan and Quintana Roo.