GERMANY – Refresco, the world’s largest independent bottler of beverages, has entered into an agreement to acquire Hansa-Heemann, a German independent beverage manufacturer that specializes in the production and bottling of mineral water and CSDs. A majority of the company’s volume (60%) is in mineral water, with the remaining 40% in carbonated soft drinks. The independent bottler has five production sites across Germany and serves three different market segments: private label, own brands, and contract manufacturing for A-brands. Hansa-Heeman reportedly has annual revenues of approximately €300 million (about US$355 million) and employs over 800 people. According…
Read MoreRefresco to expand presence in German beverage market with acquisition of Hansa-Heeman
