Coca-Cola has completed the purchase of AdeS, a soy-based beverage company based in Argentina, from Unilever for $575m as part of its strategy to expand its plant-based beverage portfolio.
Talking Rain Beverage Company is rolling out its Sparkling Ice brand in Mexico, continuing international expansion after the recent launch in the UK and Ireland.
Anheuser-Busch InBev has agreed to transfer SABMiller’s Panamanian business to Ambev. In exchange, Ambev will transfer to AB InBev its business in Colombia, Peru and Ecuador.
M. Holland Company, a distributor of thermoplastic resins, will acquire Able International Corp. and Tril Export Corp., both headquartered in San Juan, Puerto Rico, with the transactions expected to close in April.
PepsiCo and Starbucks are partnering to distribute RTD coffee and energy drinks from Starbucks in Latin America, eyeing up a market worth $4bn and projected to grow by 22% over five years.
SAB Miller says it feels ‘quite positive’ about the possibility of Mexico opening-up as a beer market, with the nation’s competition authority poised to rule on the legality of exclusivity arrangements that the UK plc claims penalises it vis-a-vis rivals.
Ochakovo has became the first Russian brewing company to enter the
Latin American market, exporting a range of products to Ecuador as
the first phase of a continent-wide rollout, writes Angela
Drujinina.
