Beverages
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Pernod Ricard to buy online spirits retailer The Whisky Exchange as Sella Digital scoops up heritage gin brand J&W Nicholson
UK – French alcoholic beverages company Pernod Ricard is set to expand its e-commerce capabilities with the acquisition of online spirits retailer The Whisky Exchange. …
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CCEP invests US$33m to expand sustainable packaging capacity of UK manufacturing site
UK – Coca-Cola Europacific Partners (CCEP), one of the largest anchor bottlers of beverage giant Coca-Cola, has invested £28m (US$33m) into its manufacturing site in…
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Kenya Breweries Limited kick starts second phase of US$3m Raising the Bar initiative
KENYA – Kenya Breweries Limited (KBL), subsidiary of East African Breweries Limited has kicked off the second phase of a program that seeks to revive…
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IPO bound craft beer company Brewdog raises record US$42m in online equity crowdfunding round
UK – Brewdog, the world’s most prominent craft beer company, has raised £30.2m (about US$42m) in an online-only equity crowdfunding round dubbed “Equity For Punks…
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Coca-Cola’s Odwalla brand finds new owner a year after discontinuation
USA – The Coca-Cola Company has offloaded the rights to Odwalla brand to Full Sail IP Partners, a Warburg Pincus-backed investment firm that acquires brands.…