Here, just-drinks consolidates the M&A activity in the global drinks industry during December, a month that saw Carlsberg and Heineken head to Iberia, PepsiCo complete its SodaStream purchase and Constellation Brands target female-founded start-ups.
Heineken has bought majority control of Spanish craft brewer La Cibeles. The acquisition sees Heineken take a 51% stake in the Madrid-based company.
Carlsberg will control 60% of Portugal’s Super Bock after taking a stake in the beer group’s owner. The Danish brewer bought a 28.5% share in Viacer, the controller of Super Bock Group, which owns the Super Bock beer brand.
Diageo is to sell United National Breweries, the South African sorghum beer business it bought from India’s United Breweries three-and-a-half years ago. The Guinness owner agreed a deal for UNB with Delta Corp, a Zimbabwean beer and soft drink company.
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Ball Corp is to sell its China operations to Beijing-based ORG Technology in a US$225m deal. The metal packaging firm said the divestment, which includes factories in four Chinese cities, will allow it to focus on its own “geographical strengths”.
Anglo-Dutch consumer goods giant Unilever has emerged as the winner in the fight to acquire the India-based Horlicks bedtime malt drink brand and other nutrition products from GlaxoSmithKline (GSK), confirming a EUR3.3bn (US$3.74bn) deal.
PepsiCo’s new CEO has highlighted key consumer trends as the company completes the US$3.2bn acquisition of SodaStream. The soft drinks and snacks producer said that the deal, first announced in August, brings with it opportunities for customisation and a chance to cut plastic waste.
US soft drinks start-up Roar Beverage Co has secured a US$5.6m cash injection from venture capital fund AccelFoods. The New York-based company, set up in 2013, said the funds would be used to recruit more staff, raise distribution and “increase brand awareness” for its namesake organic soft drinks range.
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Rémy Cointreau has agreed to sell its distribution subsidiaries in Czech and Slovakia to Mast-Jägermeister. The disposal of Rémy Cointreau Czech Republic and Rémy Cointreau Slovakia, which is subject to clearance by the antitrust authority, is expected to close on 1 April.
Constellation Brands has invested in two female-founded drinks brands, Austin Cocktails and Vivify Beverages, as the group launches an investment programme aimed at businesswomen.
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