Refreshment focuses on the water dispenser/cooler, office coffee service and vending sectors, while also taking an in-depth look into products for vending from bottled water and drinks, to snacks and confectionery. It also focuses on hydration, health and wellness, new technologies and environmental and social responsibility issues.
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acquisition
Deliveroo CEO to step down ahead of DoorDash £2.9bn acquisition
Deliveroo founder and chief executive Will Shu has announced he will step down from the role after 13 years at the helm, as the company prepares to be acquired by DoorDash in a deal valued at $3.9 billion.
Finsbury Food Group expands portfolio with acquisition of Lola’s Cupcakes
Finsbury Food Group has acquired a 70% stake in Lola’s Cupcakes, a UK-based player in the premium cupcake and celebration cake sector.
Ty Nant strengthens portfolio with acquisition of Strathmore Water from AG Barr
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.
Almarai signs agreement to acquire Pure Beverages in $277m deal
Saudi Arabian F&B group Almarai Company has signed an agreement to acquire water company Pure Beverages Industry Company in a deal valued at SAR 1.04 bn (approx. $277m).
PE firms consider €5bn bid for Nestlé water business
Private equity (PE) firms PAI Partners and Bain Capital are reportedly among buyout firms considering bids for Nestlé's water business.
Five Star expands reach with Wilmore Snack Sales acquisition
Five Star Breaktime Solutions has acquired the Canteen Vending Services franchise of Wilmore Snack Sales.
Prosus to acquire Just Eat in €4.3bn deal
Prosus, a global investment group, has reached a conditional agreement to acquire Just Eat Takeaway in an all-cash deal valued at €4.3bn.
Five Star boosts Ohio footprint with KBS Vending acquisition
Five Star Breaktime Solutions has announced the acquisition of KBS Vending for an undisclosed sum.
CCPC greenlights Coca-Cola HBC's acquisition of BDS Vending Solutions
CCPC has approved Coca-Cola HBC Northern Ireland's acquisition of BDS Vending Solutions.
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