2021 sees spate of new drinks industry acquisitions
2021 sees spate of new drinks industry acquisitions 15 March 2021 By db_staff Another day, another deal. Since Christmas the big drinks companies have been adding to their portfolios and reshaping their businesses at a hectic pace. An onlooker would easily conclude that the industry believes it is heading for a new period of substantial growth, with none of the major participants wanting to miss out. First off the mark in early January was Constellation Brands. The US$810m sale (with possible add ons) of its sub $11 commodity wines portfolio to Gallo had been long negotiated a...
Source: thedrinksbusiness.com