UST, a subsidiary of Altria Group, has agreed to sell its Ste Michelle Wine Estates business to private equity firm Sycamore Partners Management in an all-cash deal worth around $1.2bn.
Dutch juice and soft drink bottler Refresco has signed an agreement to acquire German mineral water and carbonated soft drinks maker Hansa-Heemann for an undisclosed sum.
Danish beverage provider Royal Unibrew has reached an agreement to acquire MC Energy, a French energy drinks company and the parent company of the Crazy Tiger brand.
Danone Manifesto Ventures (DMV) has acquired a significant stake in Harmless Harvest, which manufactures coconut water and other coconut-based products in the US.
New Zealand-based dairy cooperative Fonterra has agreed to divest its two-joint venture (JV) farms in China to Singapore-based AustAsia Investment Holdings for a consideration of $115.5m.
Coca-Cola Hellenic Bottling Company’s (HBC) wholly-owned subsidiary CC Beverages Holdings II has agreed to acquire 30% equity shareholding in Italian coffee company Casa Del Caffè Vergnano.
Delicato Family Wines in California, US, has agreed to purchase the majority of filmmaker Francis Ford Coppola’s winery assets.
Dutch brewing company Heineken International (HIBV) has further increased its stake in India’s United Breweries (UBL) with the acquisition of an additional 39,644,346 ordinary shares.
Australian company Mighty Craft has signed a binding agreement to acquire cider, beer and spirits brand owner Adelaide Hills Group for an aggregate consideration of $36.3m (A$47m).
Omni-channel portfolio of wine brands Winc has acquired all the assets of Natural Merchants, a North American importer of natural organic and biodynamic wines.