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Mergers & Acquisitions
Hershey buys Sour Strips, expands sweets portfolio
Hershey buys Sour Strips, expands sweets portfolio

The Hershey Company has acquired Sour Strips, a fast-growing sour candy brand founded in the US in 2019.

Mergers & Acquisitions
Wonder acquires Grubhub from Just Eat Takeaway for $650m
Wonder acquires Grubhub from Just Eat Takeaway for $650m

Wonder, a US food delivery platform, has announced the acquisition of Grubhub from Just Eat Takeaway for $650 million.

Mergers & Acquisitions
The Nero Group acquires coffee business FCB Coffee
The Nero Group acquires coffee business FCB Coffee

The Nero Group has acquired London-based coffee business FCB Coffee.

Foodservice
Primo Water shareholders approve merger with BlueTriton Brands
Primo Water shareholders approve merger with BlueTriton Brands

Primo Water shareholders have approved the company’s merger with an affiliate of BlueTriton Brands.

Mergers & Acquisitions
Retail Food Group acquires Cibo Espresso for $1.8m
Retail Food Group acquires Cibo Espresso for $1.8m

Retail Food Group has announced the acquisition of Cibo Espresso, a boutique coffee franchise, from Retail Zoo for AUD 2.7m (approx. $1.8m)

Mergers & Acquisitions
IVS Group acquires vending business Sentil from Jofermar Corporation
IVS Group acquires vending business Sentil from Jofermar Corporation

IVS Group has announced the acquisition of Jofermar's vending business, Sentil, through its subsidiary, D.A.V. S.L (IVS Iberica).

Vending
Caffè Nero acquires UK-based 200 Degrees
Caffè Nero acquires UK-based 200 Degrees

Caffè Nero has acquired UK-based independent coffee house chain 200 Degrees for an undisclosed amount.

Mergers & Acquisitions
KDP faces Q3 coffee revenue decline despite growth in US refreshment beverages
KDP faces Q3 coffee revenue decline despite growth in US refreshment beverages

KDP has reported an increase in Q3 net sales of 2.3% to $3.89 billion, with a steady performance in US refreshment beverages.

Finance
Keurig Dr Pepper to acquire Ghost Lifestyle, expanding energy drink portfolio
Keurig Dr Pepper to acquire Ghost Lifestyle, expanding energy drink portfolio

KDP has signed a definitive agreed to acquire Ghost Lifestyle and Ghost Beverages, making a move in the fast-growing energy drink sector.

Mergers & Acquisitions
JAB to buy Mondelēz's €2.16bn stake in JDE Peet's, new CEO announced
JAB to buy Mondelēz's €2.16bn stake in JDE Peet's, new CEO announced

JAB has agreed to purchase Mondelēz International's 86 million shares in JDE Peet’s for €25.10 per share.

Appointments
Starbucks acquires UK licensed business partner 23.5 Degrees
Starbucks acquires UK licensed business partner 23.5 Degrees

Starbucks Coffee is expanding its portfolio of company-operated stores with the acquisition of 23.5 Degrees.

Mergers & Acquisitions
Press Coffee expands footprint with new estate in Panama
Press Coffee expands footprint with new estate in Panama

US speciality coffee roaster Press Coffee has acquired a coffee estate in Panama.

Mergers & Acquisitions
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