Melstacorp has signed an agreement with Pyramid Gama (Private) to form a new joint venture (JV) named Melsta Gama (Private).

Melstacorp is a diversified company with operations in beverages, telecommunications, leisure, plantations, energy, logistics and financial services.

Pyramid Gama is involved in cement processing, packaging and distribution.

Both the companies involved in the transaction are based in Sri Lanka.

Pernod Ricard has agreed to form a joint venture (JV) with Yoma Strategic Holdings, Delta Capital Myanmar, and U Htun Win and U Zaw Win (Win Brothers) for the production and distribution of whisky in Myanmar.

Pernod will hold a majority stake in the JV, while the remaining stake will be held by the other partners.

Based in Singapore, Yoma Strategic is an investment holding company, while Delta Capital Myanmar is a private equity firm based in Myanmar.

The Cotswold Distilling Company has secured £2.7m ($3.5m) from Crowdcube Capital.

Cotswold Distilling is a producer of spirits, whiskeys and wines, while Crowdcube is a provider of crowdfunding for start-ups.

“Crafty Devil Brewing Co has completed an acquisition of Small Bar’s Cardiff branch.”

Both the companies involved in the transaction are based in the UK.

The Costwold Distilling Company intends to use the funds to establish its brand, improve its sales and distribution network, and construct a new visitor centre.

Invivo Wines New Zealand (Invivo Wines) has entered an agreement to raise $6.5m through an offering.

Founded in 2008, Invivo Wines is a New Zealand-based producer of alcoholic beverages.

PepsiCo has entered an agreement to acquire Bare Foods Co for an anticipated consideration of less than $200m.

PepsiCo markets its food and beverage products in more than 200 countries, while Bare Foods is a producer of baked fruit and vegetable snacks.

Bare Foods will function independently and will report to Frito-Lay North America, upon completion of the transaction.

The acquisition will expand and strengthen PepsiCo’s healthy snack portfolio.

Crafty Devil Brewing Co has completed an acquisition of Small Bar’s Cardiff branch.

Based in the UK, Small Bar is an operator of craft bar that focuses on specialist beers.

Crafty Devil plans to rebrand the bar as Beelzebubs.

Wilson Daniels has entered into an agreement to acquire Galaxy Wine Company.

Following the acquisition, Galaxy Wine will operate under Wilson Daniels’ wholesale division and its owners will continue to lead the existing team at the company.

Scheduled for completion in Q2 2018, the transaction will enable Wilson Daniels to expand its distribution network in the US.