The potential acquisition would give Kiva Spirits an established spirits portfolio, production assets and distribution network as Varun Beverages expands into alcoholic beverages.
The company is broadening its portfolio with Mooju while advancing confectionery distribution, alcoholic beverage operations and a planned US$250 million brewery project.
The PepsiCo bottler is expanding its Kenyan beverage portfolio while strengthening distribution and marketing efforts across traditional retail and modern trade channels.
The partnership will initially bring imported Carlsberg beer to Zimbabwe, with a US$250 million brewery planned to support local production from next year.
The new subsidiary will target India’s ready-to-drink alcoholic beverages segment, subject to regulatory approvals.