Beverages – M&As, Funding & Investments
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Brown-Forman rejects Sazerac takeover bid, reaffirms long-term growth strategy
Brown-Forman has rejected an unsolicited takeover proposal from Sazerac, reaffirming confidence in its long-term strategy despite ongoing consolidation in the global spirits industry.
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Vita Coco acquires Thai coconut water producer Copra
Vita Coco has acquired Thai coconut water producer Copra to strengthen sourcing, expand premium offerings and accelerate growth in the global coconut water market.
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Nestlé forms Peranel beverage joint venture
Nestlé and Platinum Equity will establish Peranel, a dedicated global water and premium beverages company spanning more than 30 brands sold across 120 countries.
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dsm-firmenich partners with Nous to commercialize caffeine-free energy ingredient Koncentra
The partnership aims to accelerate the commercialization of Koncentra, a botanical ingredient designed to deliver sustained energy, focus and mood support without caffeine.
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South Africa competition watchdog backs Coca-Cola HBC’s acquisition of Coca-Cola Beverages Africa
The proposed acquisition moves closer to completion after South Africa’s Competition Commission recommended approval, subject to public interest commitments.