MDWerks Acquires Two Trees Beverage Company

MDWerks Acquires RF Specialties, LLC

December 29, 2023

Industrial Services

MDWerks, Inc. (OTC: MDWK) has acquired RF Specialties, LLC, a provider of radio-frequency energy systems, engineering and equipment manufacturing used in wood, adhesives and food & beverage processing. MDWerks said the acquisition brings in-house technical expertise and manufacturing capability for its Sustainably Matured liquid maturation method (used by its Two Trees Beverage subsidiary), will increase capacity to meet demand, and will enable diversification and out-licensing opportunities across multiple industries; RF Specialties' founder Keith A. Mort will join MDWerks to continue overseeing the business.

Vintage Wine Estates Acquires Meier's Beverage Group

January 18, 2022

Food & Beverage

Vintage Wine Estates, a publicly traded wine company based in Santa Rosa, California, acquired Meier's Wine Cellars, DBA Meier's Beverage Group, a beverage production and contract-bottling facility in Silverton, Ohio. The acquisition (priced at roughly eight times 2021 adjusted EBITDA) adds production capacity — including three bottling lines and a canning line — and strengthens VWE's RTD and Midwest distribution capabilities.

First Bev and Manna Tree Acquire Controlling Stake in Health-Ade

August 16, 2021

Food & Beverage

First Bev acquired a controlling stake in Health-Ade with investment backing from Manna Tree; financial terms were not disclosed. Jack Belsito (First Bev) will become CEO while co-founder Daina Trout transitions to Chief Mission Officer as the company pursues further domestic and international retail expansion.

Heritage Distilling Company Acquires Thinking Tree Spirits

February 16, 2024

Food & Beverage

Heritage Distilling Company has acquired Thinking Tree Spirits, buying 100% of the distillery's assets and brands. The deal combines production and retail tasting-room operations in Eugene, Oregon and Tumwater, Washington to create greater scale, a larger tasting-room experience and expanded distribution across the Pacific Northwest and beyond.

Tilray Brands Acquires Eight Beer and Beverage Brands from Anheuser‑Busch

August 7, 2023

Food & Beverage

Tilray Brands, Inc. has entered into a definitive agreement to acquire eight beer and beverage brands (including associated employees, breweries and brewpubs) from Anheuser‑Busch. The deal covers Shock Top, Breckenridge Brewery, Blue Point, 10 Barrel, Redhook, Widmer Brothers, Square Mile Cider Company and HiBall Energy and is expected to close in 2023, significantly expanding Tilray’s U.S. beverage footprint and production capacity.

Nexus Capital Acquires Smucker's Natural Beverage and Grains Businesses (R.W. Knudsen, TruRoots)

January 31, 2022

Food & Beverage

The J.M. Smucker Co. completed the sale of its natural and organic beverage and grains businesses — including the R.W. Knudsen and TruRoots assets and trademarks plus a licensing agreement for Santa Cruz Organic beverages — to Nexus Capital Management LP for $110 million in cash (subject to working capital adjustments). The transaction includes manufacturing and distribution facilities in Chico, California and Havre de Grace, Maryland, and Nexus plans to operate the acquired brands as an independent consumer platform led by Bobby Chacko as chairman and CEO.