Mergers and acquisitions: 2024’s biggest food and beverage deals
Oct 11, 2024 · The industry has seen significant consolidation and strategic acquisitions throughout 2024, reflecting diverse strategies across regions and sub-sectors.
Badia Spices to offload majority stake to investors
Oct 4, 2024 · According to Reuters, a Bia Foods spokesperson confirmed the deal.Bia Foods was established by Mexican F&B company Grupo Mariposa in 2017. The group launched the private investment arm to buy food ...
Iceland launches ‘UK’s first’ 18+ age-restricted ready meals …
Oct 10, 2024 · Matthew Worsley, head development chef at Iceland Foods, said: “Our customers love spice, and they are always pushing us to turn up the heat!
Edlong acquires dairy flavour firm Brisan | FoodBev Media
Oct 30, 2024 · Edlong has announced the strategic acquisition of Brisan Group, a US-based firm that serves the dairy flavour and sweet flavour markets.
Red Bull launches new Winter Edition beverage flavour
Sep 13, 2024 · This launch follows the successful debut of the Winter Edition Spiced Pear last year, which significantly contributed to Red Bull's growth in the flavoured energy drink segment, driving 35% of all ...
Premium non-alcoholic beer, Bero, launches in US
Oct 23, 2024 · Logan Langberg, partner at Imaginary Ventures and Bero board member, added: “While the non-alcoholic beer category remains nascent, we believe it's poised for explosive growth over the next decade.
Sonoco completes acquisition of Eviosys | FoodBev Media
Dec 5, 2024 · KPS Capital Partners first announced back in June that Eviosys (one of its portfolio companies), will be sold to Sonoco for €3.615 billion.
7Up introduces ready-to-drink Shirley Temple | FoodBev Media
Oct 10, 2024 · Andrew Springate, chief marketing officer at KDP, added: “Our team loves the challenge of developing and marketing a beverage that evokes a deep sense of nostalgia with a modern twist, and the ...
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