Keurig Dr Pepper Acquires Dyla Brands

Keurig Dr Pepper Acquires DSD Territory Rights in East Texas and Northern Louisiana

November 24, 2020

Food & Beverage

Keurig Dr Pepper agreed to acquire the manufacturing, sales and direct-store-delivery (DSD) distribution rights to key KDP-owned and licensed brands across 37 counties in east Texas and northern Louisiana from The Red River Beverage Group and The Made‑Rite Company. The move brings brands such as Canada Dry, A&W, 7UP, Sunkist, Snapple, CORE and Bai into KDP’s company-owned DSD operations beginning February 2021; terms were not disclosed.

Keurig Dr Pepper Acquires Majority Stake in GHOST for $1.65B

October 24, 2024

Food & Beverage

Keurig Dr Pepper (KDP) agreed to acquire a 60% stake in GHOST (GHOST Lifestyle LLC and GHOST Beverages LLC) for roughly $990 million, with plans to purchase the remaining 40% by 2028 for a total transaction value of $1.65 billion. The founders will remain in leadership, and KDP expects to integrate GHOST into its U.S. refreshment beverages segment and leverage its distribution network to scale the energy drink and sports nutrition brand.

Keurig Dr Pepper Invests in Nutrabolt; MidOcean Partners Exits

December 8, 2022

Food & Beverage

Keurig Dr Pepper entered a strategic partnership with Nutrabolt, acquiring a minority equity stake (reported ~30%, ~$863M) and agreeing a long-term sales and distribution arrangement. The transaction coincides with MidOcean Partners' exit of its investment in Nutrabolt, the owner of brands including C4 Energy, Cellucor and XTEND.

Electrolux Professional Acquires Unified Brands

October 12, 2021

Food & Beverage

Electrolux Professional AB (publ) has agreed to acquire Unified Brands Inc. and related assets from Dover Corporation for approximately SEK 2,140m (about USD 244m) on a cash- and debt-free basis. The deal — expected to close in Q4 2021 subject to regulatory approvals — strengthens Electrolux Professional's presence in the United States and expands its foodservice equipment portfolio while Unified Brands' management will remain in place.

Gryphon Investors Acquires Majority Stake in Spindrift Beverage Co.

January 14, 2025

Food & Beverage

Gryphon Investors will acquire a majority stake in Spindrift Beverage Co., a Newton, Massachusetts-based maker of sparkling water and other fruit-based beverages, with founder Bill Creelman and the management team retaining a significant equity stake. The investment coincides with the appointment of Dave Burwick as CEO and is intended to provide financial and operational resources to accelerate the brand's growth; the deal is expected to close in Q1 2025 (terms not disclosed).

De'Longhi Acquires Capital Brands (Nutribullet & Magic Bullet) from Centre Lane Partners

December 29, 2020

Consumer Products

De'Longhi Group agreed to acquire Capital Brands Holdings Inc., the Los Angeles-based owner of the Nutribullet and Magic Bullet personal blender brands, from affiliates of Centre Lane Partners for an enterprise value of approximately $421 million. Capital Brands forecasted roughly $290 million in 2020 net revenues; De'Longhi said the acquisition strengthens its presence in the U.S. and expands its food-preparation/blender portfolio and is expected to be accretive.