Coca-Cola is a global beverage firm, while Costa is a London-based coffeehouse chain.
The transaction will enable Coca-Cola to expand its footprint as well as set up a strong coffee platform in Europe, Asia Pacific, Middle East and Africa.
Based in the US, Uber is a ridesharing, taxi cab, food delivery, bicycle-sharing, and transportation network company.
Deliveroo is a UK online food delivery company, which offers food delivery services from more than 35,000 restaurants. It employs 30,000 riders, who deliver food in 12 countries, including Australia, Italy, Singapore, Hong Kong, Germany, Ireland, the Netherlands and Belgium.
Based in the US, GrubHub is an online and mobile food-ordering company. It has more than 85,000 restaurant partners in 1,600 US cities and London.
The transaction will enable Grubhub’s partner restaurants to improve online delivery and pick-up orders. It is also expected to contribute $2m to third quarter revenues, as well as negatively impact EBITDA by less than $1m.
Focus Brands (FBI) has completed the acquisition of Jamba Juice for $200m.
FBI’s subsidiary has launched the tender for the purchase of Jamba’s outstanding shares for $13 a share in cash.
Owned by Roark Capital Group, FBI operates more than 6,000 restaurants, cafes, ice cream shops and bakeries in the US, the District of Columbia, Puerto Rico and more than 50 countries.
Jamba is a smoothie chain with more than 800 locations worldwide. It offers freshly blended whole fruit and vegetable smoothies, bowls, cold-pressed shots, juices, snacks, and meal replacements.
Jamba will become the wholly owned subsidiary of FBI and continue to operate as an independent brand, upon completion of the transaction.
Takeaway.com has received approval from its extraordinary general meeting (EGM) for the acquisition of 10bis for €135m ($157.7m).
Takeaway.com will fortify its position in the food delivery segment with the integration of 10bis technology into its platform and 11.5 million European consumers.
Founded in 2000, Takeaway.com is a leading online food delivery marketplace. It operates in the Netherlands, Germany, Poland, Belgium, Austria, Switzerland, Luxembourg, Portugal, Bulgaria, Romania and, Vietnam.
10bis provides online and mobile food ordering services, as well as offers meal benefit plans to thousands of corporations.
Neo Group intends to acquire a 51% stake in Ye Liang How’s Catering Service for $3.18m.
How’s Catering owners will own the remaining 49% stake, upon completion of the transaction.
The transaction will be funded through $2.6m cash and issuance of 877,193 new shares priced at $0.57 a share.
Neo Group is a provider of food solutions, while How’s Catering offers corporate catering services in Singapore.
Tortas Frontera is a fast casual concept in the US, which offers griddle-baked Mexican sandwiches with beef short ribs, chipotle chicken and guacamole bars.
IF&P Foods has completed the acquisition of Cibus Fresh for an undisclosed sum.
Founded in 1997, IF&P is a food distribution firm, while Cibus Fresh provides made-to-order packaged convenience foods to customers in the US.
The acquisition enables IF&P to expand its grab-and-go offerings with sandwiches, wraps, flatbreads, salads, snack packs and parfaits cups from Cibus.
IF&P can also access 11,000ft² FDA and USDA-inspected kitchen facility of IF&P.
4Fingers has completed the acquisition of a 50% stake in Mad Mex Fresh Mexican Grill (Mad Mex) for an undisclosed amount.
4Fingers is a fried chicken chain based in Singapore, while Mad Mex is an Australian chain of Mexican eateries.
4Fingers will launch Mad Mex in South-East Asia and open outlets in Singapore and Malaysia over the next 12 months, following the transaction.