Keurig Dr Pepper (KDP) will acquire Core Nutrition LLC, maker of enhanced waters. The acquisition will be funded with KDP common stock, and the transaction is expected to close by the end of 2018. The deal is valued at $525 million, or approximately $435 million net of anticipated tax benefits. Founded in 2015, Core Nutrition’s […]
Tag: aquisition
Posted in, Executive News, Independent Store News, Southwest
Private Investment Firm Acquires Fiesta Mart
Fiesta Mart, the family-owned Hispanic grocery chain with 60 stores throughout Texas, has been acquired by private investment group Acon Investments. Former Bi-Lo executive Michael Byars has been appointed president and CEO of Fiesta. “We are excited to be partnering with Mike and the entire Fiesta team,” said Ken Brotman, a founding partner of Acon. “Fiesta […]