Heineken has acquired a stake in La Cibeles.

Based in the Netherlands, Heineken is a brewing company while La Cibeles is a Spanish craft brewer, which has a portfolio of eight beers.

The transaction enables Heineken to fortify its objective of increasing production and distribution capacity.

La Cibeles will continue to operate as an independent business entity.

Jinan Water Group has entered an agreement to acquire a 35% stake in Jinan Hongquan Water Production from Blue Mountain Hong Kong Group for CNY70.8m ($10.32m).

“DNA Brands has acquired Betta4U Brands (DBA NEO Superwater).”

Jinan Water Group is a water supply services provider, while Jinan Hongquan is a producer of water products.

Jinan Water Group will hold an 81.63% stake in Jinan Hongquan upon completion of the deal.

All the companies involved in the transaction are based in China.

DNA Brands has acquired Betta4U Brands (DBA NEO Superwater).

DNA Brands is a manufacturer and supplier of energy drinks, while Betta4U Brands is a producer of high-alkaline, electrolyte and antioxidant water.

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

Founder of Betta4U Brands Bernard Rubin will join DNA Brands’ board and serve as the president, who will be in charge of all beverage-related concerns.