Coffee technology company Cropster has acquired Firescope, a South Korean developer of roasting software, strengthening its presence in the Asian speciality coffee market.

Lipton Teas and Infusions has agreed to transfer ownership of its two tea processing factories in Türkiye’s Rize region to local tea producer Öz-Gür Çay, pending approval from local authorities.

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.