Anheuser-Busch’s Brazilian beverage unit AmBev has agreed to buy Rio de Janeiro-based producer of fruit juices Do Bem for an undisclosed sum.
AmBev opines that the deal would help in fortifying its non-alcoholic beverage offerings and gives access to a new customer base, Reuters reported.
Do Bem produces a range of juices including apple juice, orange juice, tangerine juice, grape juice, and mixed pineapple with mint.
The company also offers product lines of lemonade, packaged tea, and matcha green tea products, coconut water and several detoxification juices.
The company's products are also exported to markets such as Paraguay, Colombiato Spain, Portugal and France.
Do Bem also manufactures natural and nutritious snack bars made using nuts which are available in flavours such as nuts, banana, cranberry and cocoa, apricot, and apple and cinnamon, reported foodbev.com.
Do Bem's products also includes beers Antarctica, Bogotá Beer Company, Brahma, Bohemia, Skol, Stella Artois and soft drinks like Guaraná Antarctica, Soda Antarctica, Sukita, H2OH! and Guarah.
The company is the largest PepsiCo bottler outside US. It sells and distributes PepsiCo products in Brazil and other Latin American countries, including Pepsi, Lipton Ice Tea, and Gatorade as a franchisee.
Created through the merger of two breweries Brahma and Antarctica in 1999, Ambev is now considered as the biggest brewery in Latin America and the fifth largest in the world, domain-b.com reported.
Last week, Belgium brewer Anheuser-Busch InBev acquired Italian craft brewery Birra del Borgo for an undisclosed sum. Birra del Borgo said that the partnership would enable it to gain investments required for its expansion, besides allowing the company to run its business independently.
