PAI and bcIMC to acquire beverage firm Refresco for €1.6bn, Bogart Spirits unveiled...
Jardine Cycle and Carriage has reached an agreement to acquire a 5.53% stake of Vietnam Dairy Products Joint Stock Company (Vinamilk).
Guangzhou Gump Come Company has raised funding from venture capital firms Walden International, Baidu Ventures, and DT Capital Partners in a series B round.
Puration is planning to launch cannabis-infused beverage in Canada in July next year.
Consumers are more willing to experiment with conventional beverages, such as coffee, tea and bottled water, than they are with functional beverages such as energy or sports drinks.
US-based producer of cannabis-infused beverages Tarukino has further expanded its lineup with the addition of six new products.
US-based spirits company Milestone Brands has expanded its portfolio by acquiring the rights of orange liqueur Naranja from Pura Vida and its chairman Stewart Skloss.
Philippine conglomerate San Miguel is set to combine its food, beer, and liquor businesses into a single unit under share-swap transaction valued at PHP336.35bn ($6.6bn).
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