All sectors
Beverages
Who acquires Beverages companies
60 distinct acquirers across 72 recorded transactions, 2014 to 2026. Every buyer below has completed at least one acquisition in this sector.
72
Transactions
2014 to 2026
60
Named acquirers
distinct buyers
12.9x
Median EV/EBITDA
from 9 disclosed
$129m
Median deal size
enterprise value
Most active acquirers
Ranked by number of acquisitions recorded in this sector. A buyer that has done this more than once has a thesis, and a thesis is what makes an approach worth making.
- Campari Group3 deals
- Primo Water3 deals
- Farmer Brothers3 deals
- Alto Ingredients2 deals
- Refresco Gerber2 deals
- Coca-Cola FEMSA2 deals
- Britvic2 deals
- Coca-Cola2 deals
Recorded transactions
| Target | Acquirer | Date | Value | EV/EBITDA | EV/Revenue |
|---|---|---|---|---|---|
| Copra Inc. | The Vita Coco Company | 2026-07-22 | $0k | 0.0x | 0.0x |
| Farmer Bros. Co. | Royal Cup | 2026-05-05 | $0k | 0.0x | 0.0x |
| JDE Peet's N.V. | Keurig Dr Pepper Inc. | 2026-04-01 | $0k | 0.0x | 0.0x |
| BrewDog UK and Ireland business | Tilray Brands | 2026-03-02 | $44m | 0.0x | 0.0x |
| Raeburn wine brand | Crimson Wine Group | 2026-02-09 | $35m | 0.0x | 0.0x |
| Prestige Worldwide Wine Company | CFN Enterprises Inc. | 2025-11-03 | $0k | 0.0x | 0.0x |
| Yerbaé Brands Corp. | Safety Shot | 2025-06-27 | $0k | 0.0x | 0.0x |
| Mary Jones Holdings | MJ Reg Disruptors | 2025-06-19 | $3m | 0.0x | 0.0x |
| Alani Nutrition LLC | Celsius Holdings | 2025-04-01 | $1.8bn | 0.0x | 0.0x |
| Kodiak Carbonic | Alto Ingredients | 2025-01-06 | $7m | 0.0x | 0.0x |
| Big Beverages Contract Manufacturing LLC | Celsius | 2024-11-01 | $75m | 0.0x | 0.0x |
| Wosana | DyDo | 2023-12-21 | $53m | 0.0x | 0.0x |
| Sonoma-Cutrer | Duckhorn Vineyards | 2023-11-16 | $400m | 0.0x | 4.8x |
| Primo Water - International businesses | Culligan | 2023-11-02 | $575m | 0.0x | 0.0x |
| Go Fast | Illumination Brands | 2023-10-02 | $1m | 0.0x | 0.0x |
| Fluère Drinks | Lucas Bols | 2023-01-06 | $1m | 0.0x | 0.0x |
| Globus Wine | Anora | 2022-06-22 | $86m | 0.0x | 0.0x |
| Picon | Campari Group | 2022-05-10 | $134m | 0.0x | 0.0x |
| Retox | Koios | 2022-04-06 | $2m | 0.0x | 0.0x |
| Eagle Alcohol | Alto Ingredients | 2022-01-18 | $15m | 0.0x | 0.4x |
| CANarchy | Monster Beverage | 2022-01-13 | $330m | 0.0x | 0.0x |
| Shene Distillery | Lark Distilling | 2021-10-18 | $40m | 0.0x | 0.0x |
| Alcanna | Sundial Growers | 2021-10-07 | $346m | 15.0x | 0.5x |
| Levia | Ayr | 2021-08-16 | $20m | 0.0x | 0.0x |
| CCBCE | Coca-Cola Hellenic Bottling | 2021-08-12 | $427m | 0.0x | 0.0x |
| The Sommelier | Vintage Wine Estates | 2021-06-22 | $8m | 0.0x | 1.6x |
| Aqua Systems | Franklin Electric | 2021-05-17 | $150m | 0.0x | 0.0x |
| Alto Ingredients - Madera Facility | Seaboard | 2021-04-28 | $28m | 0.0x | 0.0x |
| Essentia Water | Nestle USA | 2021-03-05 | $192m | 0.0x | 0.0x |
| Sip-Well | WDP | 2021-01-14 | $11m | 0.0x | 0.0x |
| SweetWater Brewing Co. | Aphria | 2020-11-04 | $300m | 0.0x | 0.0x |
| Paul Masson Grande Amber Brandy | Sazerac Company | 2020-06-25 | $255m | 0.0x | 0.0x |
| Nobilo | E. & J. Gallo Winery | 2019-12-12 | $130m | 0.0x | 0.0x |
| Castle Brands | Pernod Ricard | 2019-08-28 | $223m | 55.8x | 2.5x |
| Bolthouse Farms | Butterfly Equity (PE) | 2019-04-12 | $510m | 0.0x | 0.0x |
| Nueva FÃ brica Nacional de Vidrio | O-I Glass | 2019-04-01 | $188m | 0.0x | 0.0x |
| Cott Corp. - Soft Drink Concentrate Production & RCI International Division | Refresco Gerber | 2019-02-08 | $50m | 0.0x | 0.6x |
| CORE Nutrition LLC | Keurig Dr Pepper | 2018-09-27 | $525m | 0.0x | 0.0x |
| MONRESA | Coca-Cola FEMSA | 2018-06-28 | $251m | 0.0x | 0.0x |
| Accolade Wines | The Carlyle Group (PE) | 2018-04-05 | $712m | 0.0x | 0.0x |
| Crystal Rock Holdings | Primo Water | 2018-02-12 | $35m | 0.0x | 0.0x |
| Hood River Distillers | Becle | 2017-12-13 | $205m | 0.0x | 0.0x |
| Tazo Tea Co. | Unilever | 2017-11-02 | $384m | 0.0x | 3.4x |
| Refresco Gerber | PAI Partners (PE) | 2017-10-25 | $2m | 0.0x | 0.0x |
| Boyd Coffee Co. | Farmer Brothers | 2017-08-22 | $42m | 0.0x | 0.0x |
| Casamigos Spirits Co. (Casamigos Tequila) | Diageo | 2017-06-21 | $700m | 0.0x | 0.0x |
| West Coast Coffee Co. | Farmer Brothers | 2017-02-08 | $14m | 0.0x | 0.0x |
| BULLDOG London Dry Gin | Campari Group | 2017-02-02 | $58m | 0.0x | 0.0x |
| Bela Ischia Alimentos Ltda | Britvic | 2017-01-03 | $60m | 11.5x | 1.4x |
| Devin AD | Spadel | 2016-12-19 | $135m | 0.0x | 0.0x |
| Fort Garry Brewing | Westcap (PE) | 2016-11-08 | $8m | 0.0x | 0.0x |
| Charles Smith Wines LLC | Constellation Brands | 2016-10-17 | $120m | 0.0x | 0.0x |
| Glacier Water Services | Primo Water | 2016-10-10 | $263m | 11.0x | 1.9x |
| Vonpar S.A. | Coca-Cola FEMSA | 2016-09-23 | $989m | 10.7x | 1.8x |
| China Mist Brands | Farmer Brothers | 2016-09-12 | $11m | 0.0x | 0.0x |
| Brouwerij Bosteels NV | Anheuser-Busch InBev | 2016-09-08 | $225m | 0.0x | 0.0x |
| Domaine Pinnacle - Spirits Business | Corby | 2016-08-31 | $12m | 0.0x | 0.0x |
| Whitlock Packaging Corp. | Refresco Gerber | 2016-07-26 | $129m | 7.3x | 0.0x |
| Unilever NV - AdeS Soy Beverage Business | Coca-Cola | 2016-06-01 | $575m | 0.0x | 0.0x |
| Bibendum PLB (Topco) Ltd. | Bargain Booze | 2016-05-03 | $92m | 30.0x | 0.3x |
| The BenRiach Distillery Co. Ltd. | Brown-Forman | 2016-04-27 | $439m | 0.0x | 0.0x |
| Société des Produits Marnier Lapostolle S.A. | Campari Group | 2016-03-15 | $735m | 13.9x | 4.3x |
| Aquaterra Corporation Ltd. | Primo Water | 2016-01-08 | $47m | 0.0x | 0.0x |
| Casoni Fabbricazione Liquori S.p.A. | Undisclosed | 2015-12-29 | $6m | 0.0x | 0.0x |
| Empresa Brasileira de Bebidas e Alimentos SA | Britvic | 2015-07-23 | $160m | 12.9x | 1.3x |
| Kerr Concentrates | Ingredion | 2015-07-08 | $100m | 0.0x | 0.0x |
| China Culiangwang Beverages Holdings Ltd. - Multigrain Beverage Business | Coca-Cola | 2015-04-17 | $401m | 0.0x | 0.0x |
| Shadow Beverages and Snacks - No Fear Energy Drink | mix1 Life | 2015-03-31 | $12m | 0.0x | 0.0x |
| American Beverage Corp. | Harvest Hill | 2015-03-09 | $55m | 0.0x | 0.0x |
| Bevyz Global Ltd. | Keurig Green Mountain | 2014-12-04 | $201m | 0.0x | 0.0x |
| Diageo - Wine Business | Treasury Wine Estates | 2014-10-14 | $600m | 0.0x | 0.0x |
| Pabst Brewing | Blue Ribbon | 2014-09-18 | $700m | 0.0x | 0.0x |
n/d means not disclosed. Most transactions close without a published multiple, which is why the disclosed count matters more than the median.
Who owns Food & Beverage companies
On PEStore, Beverages sits within Food & Beverage. PEStore profiles the private equity firms and serial acquirers active there: what they own, how long they have held it, and every deal on record. Underlined acquirers above link to their profiles.
Food & Beverage investors and acquirers on PEStoreMultiples across every sector
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