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Beverages – M&As, Funding & Investments
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Coca-Cola to divest Chivita|Hollandia to UAC of Nigeria as part of asset-light strategy
UAC of Nigeria to acquire leading dairy and juice producer CHI Limited, pending regulatory approval.
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Reliance Consumer eyes majority stake in health drink brand Shunya
The acquisition aligns with Reliance’s broader plan to scale its presence in India’s growing health and wellness beverage market.
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Diageo reportedly set to review US$2B stake in East African Breweries
Diageo is evaluating its controlling interest in EABL as part of a broader move to streamline global operations.
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Jagatjit Industries begins commercial production at new Punjab-based grain ethanol plant
The new facility is expected to produce up to 70 million litres of ethanol annually, supporting India’s fuel blending goals.
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Rémy Cointreau cuts China tariff forecast, raises U.S. impact as Q1 sales beat expectations
Rémy Cointreau revises tariff impact estimates for China and the U.S. while reporting stronger-than-expected quarterly sales growth.