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Deal News
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19 February 2021
Boston-based chocolate milk brand Slate Milk raises funds
US-based Slate Milk has raised an additional $1.7m in seed funding, taking the total funding secured by the chocolate milk brand to $2.5m.
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17 February 2021
Nestlé to divest North American water business in $4.3bn deal
Nestlé has reached an agreement to divest its Nestlé Waters North America (NWNA) brands for a consideration of $4.3bn to One Rock Capital Partners in partnership with Metropoulos & Co.
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10 February 2021
Southern Glazer’s to acquire assets of Epic Wines & Spirits
US-based wine and spirits distributor Southern Glazer’s Wine & Spirits (Southern Glazer’s) has signed a definitive agreement to acquire certain assets of Epic Wines & Spirits of California (Epic).
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10 February 2021
Next Frontier Brands acquires non-alcoholic spirit producer FLUÈRE DRINKS
Fast-moving consumer goods company Next Frontier Brands has acquired distilled non-alcoholic spirits producer FLUÈRE Drinks to expand its product portfolio.
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9 February 2021
Chapel Down announces disposal of Curious Drinks business
UK-based Chapel Down has announced the disposal of its Curious Drinks business and assets to a NewCo established by private equity firm Risk Capital Partners (RCP).
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5 February 2021
Kirin Holdings terminates JV with MEHL in Myanmar
Japanese beverage company Kirin Holdings (Kirin) has announced that it has terminated its joint venture (JV) with Myanmar Economic Holdings Public Company (MEHL) in Myanmar, which provides the service of...
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4 February 2021
Online wine marketplace Vivino closes $155m Series D funding round
Vivino, a US-based wine app and online wine marketplace, has closed a $155m Series D funding round led by Swedish based investment firm Kinnevik, with Sprints Capital as a new...
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3 February 2021
Uber to buy on-demand alcohol marketplace Drizly in $1.1bn deal
Uber Technologies, which owns food delivery platform Uber Eats and ridesharing platform Uber, has agreed to buy US-based on-demand alcohol marketplace Drizly in a stock and cash deal valued at...
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2 February 2021
Heineken acquires full ownership of Brixton Brewery
Heineken has acquired a 100% stake in south London-based brewer Brixton Brewery for an undisclosed amount.
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18 January 2021
Precept Wine takes over Sheffield Cellars and Fairbanks dessert wine brands
US-based wine producer Precept Wine has acquired Sheffield Cellars and Fairbanks dessert wine portfolio from E&J Gallo Winery (Gallo).