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Beverages – M&As, Funding & Investments
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Bakhresa Group to invest US$500M to double soft drink production in Tanzania
Factory expansion at Mwandege to boost output, introduce new juice brand, and support 100,000 local farmers.
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United Spirits acquires craft gin maker NAO Spirits for US$15.01M
United Spirits expands in India’s premium spirits segment with the acquisition of NAO Spirits, maker of Greater Than and Hapusa gins.
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Reliance Consumer Products to invest up to US$921.9M in beverage manufacturing expansion across India
Reliance’s FMCG arm to construct 10–12 new plants and deepen market penetration as it targets India’s Rs 1.6 trillion soft drink market.
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Danone invests US$65M in US facility to boost coffee and creamer production
The expansion includes advanced bottle-moulding technology, a regional distribution center, and the creation of 200 new jobs.
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Arkay Beverages launches US$150M funding round to drive global expansion of alcohol-free spirits
Arkay targets global market leadership in the booming non-alcoholic beverage space with new funding and major strategic partnerships.