Food & Drink

Greek yogurt pioneer Chobani has acquired La Colombe for $900 million just a few months after Keurig Dr Pepper’s (KDP) announced its $300 million sales and distribution deal with the ready-to-drink coffee company. The transaction included the combination of a newly issued $550 million term loan, cash on hand, the exchange of KDP’s minority equity
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Mionetto, a leading brand of Italian prosecco, has entered the non-alcoholic space with a new product: a zero-proof sparkling wine that mimics the flavor of the brand’s flagship Prestige Prosecco Brut. The bottle will be available across the United States in 2024, at an SRP of $15. Enore Ceola, CEO of Freixenet Mionetto USA, noted
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