Keurig Dr Pepper has acquired a 96.22% stake in JDE Peet’s, marking a transformative step in its strategy to build a scaled, global coffee platform while preparing to split its business into two standalone public companies.

Constellation Brands has agreed to acquire the remaining stake in non-alcoholic beverage brand HopWr for an undisclosed sum.

Nestlé’s planned sale of a stake in its water division has moved into the next phase, with several private equity firms advancing in the bidding process, according to a report by the Financial Times.

Danone has entered into an agreement to acquire UK plant-based meal solutions brand Huel for an undisclosed amount.

Ali Group has completed the acquisition of Bunn Commercial, formerly known as Bunn-O-Matic Corporation, for an undisclosed sum.

Bloomberg has reported that Centurium Capital Partners is in advanced talks to acquire Nestlé’s Blue Bottle Coffee, citing people familiar with the matter.

Royal Cup Coffee and Tea has agreed to acquire US coffee roaster and distributor Farmer Brothers Coffee in an all-cash transaction that will combine two long-standing players in the US coffee and tea market.

Keurig Dr Pepper has announced updated financing plans and transaction timelines for its acquisition of JDE Peet’s and its separation into two independent companies.

Five Star Breaktime Solutions has acquired refreshment services operator AM Coffee Services, expanding its coffee service operations in Shreveport, Louisiana, and supporting regional growth.

Refresco, the global independent beverage solutions provider, has entered into a definitive agreement to acquire SunOpta in an all-cash transaction valued at $6.50 per share.

Coca-Cola has confirmed it will retain full ownership of Costa Coffee, following months of speculation over a potential divestment of the UK-based café chain.

Five Star Breaktime Solutions has completed the acquisition of the vending and coffee operations of Krodel Vending, headquartered in Jasper, Indiana.