The transaction remains subject to customary closing conditions, including regulatory approvals.
Bevco’s acquisition of Crickley Dairy signals Varun Beverages’ push into value-added dairy and juice segments while strengthening its footprint in South Africa.
The transaction involves the acquisition of a 100 percent shareholding in Dendairy by Vamara Group while it consolidates ETG’s Zimbabwe footprint.
Also known as European Ice Cream Investments, Grupo Alacant is a subsidiary of the global private-equity group InvestIndustrial.
ProViva, widely recognized for its probiotic fruit drinks, has been a household name in Sweden for decades.