PepsiCo Buys British Snack Maker

PepsiCo has announced plans to acquire a British manufacturer of premium salty snacks.

Pipers, a 14-year-old company based in Lincolnshire, creates kettle chips and pea-based snacks called “Crispeas.” The company distributes its products throughout the United Kingdom, and has sales in Europe and the U.S. PepsiCo says it hopes to expand distribution, especially in export markets.

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Coke acquires Costa Coffee for $5B

The Coca-Cola Company today announced it has reached an agreement for the acquisition of London-based coffee company Costa Limited. The deal, valued at $5.1 billion, is the largest brand acquisition in the company’s history and is expected to close in the first half of 2019. The move represents a new frontier for the world’s largest beverage company, as it moves into brick-and-mortar retail for the first time and takes over a complex global supply chain in coffee, a highly competitive category.

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Tyson Buying Keystone Foods for $2.16 Billion

Tyson Foods Inc. on Aug. 20 revealed an agreement to buy Keystone Foods, a major supplier to foodservice customers, from Marfrig Global Foods for $2.16 billion in cash.

Headquartered in West Chester, Pa., Keystone supplies chicken, beef, fish and pork to some of the world’s leading quick-service restaurant chains, as well as retail and convenience store channels. McDonald’s was among its top clients. Its product portfolio includes chicken nuggets, wings and tenders; beef patties; and breaded fish fillets.

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PepsiCo acquires SodaStream for $3.2 Billion

Over the years Coke’s acquisitions have shown the company has guts, spunk, and chutzpah. Now they’ve got Moxie. The Coca-Cola Company has purchased cult favorite soda brand Moxie from independent bottler Coca-Cola of Northern New England (CCNNE) for an undisclosed sum, the company announced today. The transaction is expected to close in the fourth quarter.

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Keurig Dr Pepper completes Merger between Keurig Green Mountain and Dr Pepper Snapple Group

BURLINGTON, Mass. & PLANO, Texas — Keurig Dr Pepper (NYSE: KDP) today announced the successful completion of the merger between Keurig Green Mountain and Dr Pepper Snapple Group. The transaction creates the seventh-largest company in the U.S. food and beverage sector and third-largest beverage company in North America, with annual revenues of approximately $11 billion.

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