Regal Foods, a global food and beverage group headquartered in the UK, has announced its acquisition of soft drinks brand Suncrest.

AeriTek Global Holdings, a portfolio company of private equity firm Mill Point Capital, has acquired Minus Forty QBD (operating as Due North), a Canadian-based manufacturer of commercial refrigeration solutions.

Diageo has announced the sale of its well-known coffee-cream liqueur brand, Sheridan’s, to Casa Redondo, a prominent Portuguese beverage-alcohol company.

Celsius Holdings has deepened its partnership with PepsiCo in a deal that will see the functional energy drink maker take on a wider portfolio and a more prominent strategic role in the US market.

The Coca-Cola Company is reportedly exploring the sale of Costa Coffee, the British coffee chain it acquired in 2018 for over $5 billion.

Keurig Dr Pepper (KDP) has entered an agreement to acquire JDE Peet’s in an all-cash transaction valued at approximately €15.7 billion.

Finsbury Food Group has acquired a 70% stake in Lola’s Cupcakes, a UK-based player in the premium cupcake and celebration cake sector.

The European Commission has cleared Prosus’ €4.1 billion acquisition of Just Eat Takeaway, a deal set to establish the world’s fourth largest food delivery group.

Swiss coffee equipment manufacturer Thermoplan has acquired Mikafi, a start-up developing compact tabletop coffee roasters for on-site use in cafés.

Generous Brands, a player in the premium refrigerated beverage sector and a portfolio company of Butterfly Equity, has completed its acquisition of kombucha brand Health-Ade.

Philz Coffee has signed an agreement to be acquired by private equity firm Freeman Spogli.

Ty Nant, a player in the premium bottled water sector, has acquired Strathmore Water from AG Barr, marking a significant strategic move for both brands.