PAI Partners acquired PepsiCo’s Tropicana, Naked, and other North American juice brands for £2,375.7 million. The divestment was part of PepsiCo’s strategy to focus on lower-sugar and healthier products.
Sunray Investments Luxembourg acquired Stock Spirits Group Plc for £767.0 million. The CVC vehicle plans to grow the business through inorganic growth opportunities.
Ebro Group divested its dry pasta and sauces firm Panzani Sasu to CVC Capital Partners for £470.6 million. The deal will enable Ebro to focus on its premium, fresh pasta, and convenience businesses.