WORLD NEWS
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Bang Energy owner Vital Pharmaceuticals files for bankruptcy, intends to reinvigorate distribution network
US – Vital Pharmaceuticals (VPX), the owner of the Bang Energy drinks brand, has confirmed it was pursuing ‘Chapter 11’ protection in the US state…
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Chevron, CalBio make joint investment in dairy biomethane fuel projects
US – Chevron U.S.A., a subsidiary of Chevron Corporation, and California Bioenergy LLC (CalBio) have partnered to make a joint investment in their second holding…
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Brown-Forman acquires Venezuelan rum brand Diplomático to bridge gap in its portfolio
VENEZUELA – Jack Daniel’s owner, Brown‑Forman, has agreed to acquire the Diplomático Rum brand and related assets from Destillers United Group for an undisclosed amount.…
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Solina bolsters US presence with US$588m acquisition of Saratoga Food specialities
US- European savory ingredient producer Solina is furthering its expansion in the U.S. market through the purchase of Smithfield Foods’ seasoning business, Saratoga Food Specialties,…
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Constellation Brands divests part of its mainstream and premium wine portfolio to The Wine Group
US – Constellation Brands, one of America’s largest beer suppliers, has decided to divest a portion of its mainstream and premium wine portfolio to its…