WORLD NEWS
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Restaurant Brands expands American footprint with acquisition of Firehouse Subs for US$1B
USA — Multinational fast food holding company, Restaurant Brands International Inc., is acquiring Firehouse Restaurant Group Inc., the parent company of Firehouse Subs, for $1…
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Diageo forecasts double-digit sales growth in first half, targets to expand market share by 50%
UK – Multinational drinks group, Diageo has said it expects to grow organic net sales in the double digits in the first half of the…
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Danone sells Danish water company Aqua d’Or, settles coffee creamer branding lawsuit with Nestlé
FRANCE – French food company, Danone SA has agreed to sell Aqua d’Or, its water-and-beverage business in Denmark, to local brewing-and-beverage company Royal Unibrew AS. …
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Anheuser-Busch expands beyond beer portfolio with acquisition of Hoop Tea
USA – American brewing company, Anheuser-Busch has acquired Hoop Tea, a Maryland-based beverage company known for its tea-infused malt beverages and seltzers, as part of…
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PlantPlus Foods acquires Drink Eat Well and Sol Cousin in new market expansion drive
USA – PlantPlus Foods LLC, a joint venture between ADM and Brazilian meat processor Marfrig, is set to expand in North America following the acquisition…