M&A Transactions
Bang Energy / Monster Beverage: The company reached a definitive agreement to be acquired by Monster Beverage, a subsidiary of Fresh Juice Global, for $362 million on July 3, 2023. The company is a producer of sports nutrition energy drinks.
Vrumona / Royal Unibrew: Royal Unibrew reached a definitive agreement to acquire the Company, a subsidiary of Heineken, for EUR300 million on July 3, 2023. The company is a producer of non-alcoholic beverage products based in Bunnik, Netherlands.
Ace Beverage Group / Corby Spirit and Wine: The company was acquired by Corby Spirit and Wine for CAD 148.5 million on July 4, 2023. The company is a producer of alcoholic beverages based in Toronto, Canada.
BORCO-Marken-Import Matthiesen / Stock Spirits Group: The company was acquired by Stock Spirits Group, via its financial sponsor CVC Capital Partners, through an LBO on July 6, 2023 for an undisclosed amount. The company is a producer of international premium spirits, including tequila, vodka, gin and liqueurs.
Colin Moore’s Butchers / Steve Wilson’s Butchers: The company was acquired by Steve Wilson’s Butchers for an undisclosed amount on July 4, 2023. The company is a retailer of meat based in Brampton, United Kingdom.
Dukes of Gascony / Bio Conquête: The company was acquired by Bio Conquête for an undisclosed amount on July 7, 2023. The company is a producer of whole foie gras and related regional products, including gourmet baskets, gift boxes, crackers and chocolates, organic almonds, vinegar. and related products.
Full Circle Brewing / Garden Brewery: The company was acquired by Garden Brewery for an undisclosed amount on July 4, 2023. The company is an operator of a craft brewery.
Gläserne Molkerei / Mutares: The company, a subsidiary of Emmi Group, entered into a definitive agreement to be acquired by Mutares through an LBO on July 6, 2023 for an undisclosed amount. The company is a producer of organic dairy products based in Münchehofe, Germany.
Kevin’s Natural Foods / Mars: The company reached a definitive agreement to be acquired by Mars for an undisclosed amount on July 5, 2023. The company is a manufacturer and supplier of healthy meals, entrees, sauces and seasonings and is based in Stockton, California.
Les Serres Royales / Cultures Gen V: The company was acquired by Cultures Gen V for an undisclosed amount on July 4, 2023. The company is a producer of greenhouse grown tomatoes based in Saint-Jerome, Canada.
Nu Brewery / Brickyard Hollow Brewing: The company was acquired by Brickyard Hollow Brewing for an undisclosed amount on July 5, 2023. The company operates a craft beer brewery in New Gloucester, Maine.
Panelto Foods / Dutch Bakery: The company was acquired by Dutch Bakery, via its financial sponsor 3i Group, through an LBO on July 3, 2023 for an undisclosed amount. The company is a manufacturer of frozen bake-off bread and products serving major retailers’ in-store bakeries and café chains across Ireland, the United Kingdom and Europe.
Plant and Bean / Heather Mills: The company was acquired by Heather Mills for an undisclosed amount on July 3, 2023. The company is a producer of plant-based meat products intended to improve global health, the biodiversity of the planet and animal welfare.
Prairie Pulse / Archer Daniels Midland: The company was acquired by Archer Daniels Midland for an undisclosed amount on July 5, 2023. The company is an operator of a crop processing facility based in Vanscoy, Canada.
Renzi Foodservice / US Foods: The company was acquired by US Foods for an undisclosed amount on July 7, 2023. The company is a distributor of food products to food service industry customers located in Central, Western, and Northern New York State.
Source: Pitchbook Data, Inc.
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