17 November 2017
M&As this week: Jardine Cycle and Carriage, Asrapport Dining Co
Jardine Cycle and Carriage has reached an agreement to acquire a 5.53% stake of Vietnam Dairy Products Joint Stock Company (Vinamilk).
Market Data
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17 November 2017
Deals this week: Guangzhou Gump Come Company, Diageo
Guangzhou Gump Come Company has raised funding from venture capital firms Walden International, Baidu Ventures, and DT Capital Partners in a series B round.
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16 November 2017
Puration to launch cannabis infused beverages in Canada next year
Puration is planning to launch cannabis-infused beverage in Canada in July next year.
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15 November 2017
Consumers are more adventurous with conventional drinks
Consumers are more willing to experiment with conventional beverages, such as coffee, tea and bottled water, than they are with functional beverages such as energy or sports drinks.
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15 November 2017
Tarukino introduces six new cannabis infused beverages
US-based producer of cannabis-infused beverages Tarukino has further expanded its lineup with the addition of six new products.
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15 November 2017
JC&C acquires minor stake in Vinamilk for $616m
Singapore’s Jardine Cycle & Carriage (JC&C) has revealed that its subsidiary Platinum Victory has acquired a 5.53% stake in Vietnam’s joint stock company Vinamilk for a cash consideration of $616m.
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14 November 2017
Milestone Brands acquires Naranja brand rights in US
US-based spirits company Milestone Brands has expanded its portfolio by acquiring the rights of orange liqueur Naranja from Pura Vida and its chairman Stewart Skloss.
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10 November 2017
October’s top news stories
PAI and bcIMC to acquire beverage firm Refresco for €1.6bn, Bogart Spirits unveiled new limited edition whiskey. Drinks-insight-network.com wraps the the key news stories from October 2017.
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10 November 2017
San Miguel to merge liquor and food businesses for $6.6bn
Philippine conglomerate San Miguel is set to combine its food, beer, and liquor businesses into a single unit under share-swap transaction valued at PHP336.35bn ($6.6bn).
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7 November 2017
Dalton Distillery’s TazaRay debuts in Tennessee, US
Empire Distributors has distributed Dalton Distillery’s TazaRay Sunflower Spirits in Tennessee, US.