Announced
Synopsis
Refresco Group, an independent beverage solutions provider, agreed to acquire Tru Blu Beverages, a manufacturer of non-alcoholic beverages. Financial terms were not disclosed. "The acquisition of Tru Blu Beverages in Australia creates a new platform for Refresco, in line with our strategic promise to expand into a third continent. The three strategically located manufacturing sites are the starting point for our future footprint in the region. Acquiring Tru Blu Beverages further strengthens our position as beverage solutions provider to branded customers and leading retailers globally, and provides new opportunities for further growth," Hans Roelofs, Refresco CEO.
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