JAB Holding Co. is purchasing Keurig Green Mountain of Vermont. The deal, estimated at $13.9 billion and approved by Keurig Green Mountain’s board of directors, was announced today. JAB is acquiring Keurig Green Mountain in partnership with strategic minority investors, who already are shareholders in Jacobs Douwe Egberts B.V., (“JDE”), including Mondelēz International and entities affiliated […]
Category: Beverage News
Posted in, Beverage News, Center Store, Southwest, Suppliers
Big Red, Trees For Troops Bring Christmas Cheer To Military Families
Austin, Texas-based Big Red soda has partnered with Trees for Troops to donate live Christmas trees to military families. For every Big Red purchase this holiday season, Big Red will donate a portion of the proceeds to send Christmas trees to military members and their families around the world. Last year, Trees for Troops donated […]
Posted in, Beverage News, C-Store News, Dairy News, Southeast
Weigel’s Wins Third Tennessee State Fair Blue Ribbon For Chocolate Milk
Convenience store operator Weigel’s has won a blue ribbon in the Tennessee State Fair for its chocolate milk. The competition was held at the fairgrounds in Nashville earlier this fall. The win marks Weigel’s third blue ribbon for chocolate milk; its first win came in 2011, then again in 2014 before taking home this year’s […]
Posted in, Beverage News, Center Store, National
Coca-Cola Partners With Musician/Author To Promote Book During Homeless Youth Awareness Month
Country music artist and New York Times bestselling author Jimmy Wayne is joining forces with Coca-Cola to make a positive difference during National Homeless Youth Awareness Month in November. Wayne’s latest book, “Walk To Beautiful” (HarperCollins Christian Publishing), the critically acclaimed memoir that recounts Wayne’s transition from homeless teen to becoming a country music star with a No. 1 song, was […]
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SABMiller Agrees To Merge With AB In-Bev
The fourth time is apparently the charm, as SABMiller has agreed “in principle” to merge with Anheuser-Busch InBev. AB InBev on Monday confirmed another offer to buy SABMiller for about 67.4 billion pounds, or $103.6 billion. The bid is more than a pound more per share (43.50) than its previous offer of GBP 42.15, which […]
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A-B InBev Ups Bid, Again, For SAB Miller
Anheuser-Busch InBev really wants to merge with SABMiller in order to make a global beer giant. The company today confirmed another offer to buy SABMiller for about 67.4 billion pounds, or $103.6 billion. The bid is more than a pound more per share (43.50) than its previous offer of 42.15, which SABMiller rejected less than […]
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SABMiller Rejects Latest Purchase Offer From A-B InBev
The SABMiller board of directors has unanimously rejected Anheuser-Busch InBev’s latest offer to buy the company for GBP 42.15 per share in cash, which would have given it a value of nearly £68 billion, or $103.6 billion. A-B made the proposal today. The offer is the company’s third for SABMiller; the prior two were written […]
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242 Breweries Take Home Medals at 2015 Great American Beer Festival
The 2015 Great American Beer Festival (GABF) competition in Boulder, Colorado, awarded 275 medals to some of the best commercial breweries in the U.S., plus three GABF Pro-Am medals to teams of amateur brewers paired with professional brewers. Presented by the Brewers Association, GABF is the largest commercial beer competition in the world and a […]