Long4Life has reached an agreement with Africa Beverage Venture and Raubenbel to acquire Chill Beverages.

Based in South Africa, Chill Beverages produces, packs, and distributes beverages.

The purchase consideration will be paid 75% through cash and 25% through the issue of Long4Life shares.

“Long4Life has reached an agreement with Africa Beverage Venture and Raubenbel to acquire Chill Beverages.”

Zamora has purchased an equity stake in Yellow Rose Distilling.

Zamora is a family-owned wines and spirits manufacturer and distributor based in Spain, while ellow Rose Distilling is a micro-distillery located in Texas, US.

Yellow Rose intends to use the investment to expand its production, grow aged whiskey stock, and improve marketing capabilities.