Mergers & Acquisitions

Heineken NV is moving in more deeply to Brazil and will invest $183.14 million to expand its Ponta Grossa brewing plant.

The moves are projected to save $200 and $230 million by the end of 2022, with about 60% of this stemming from the headcount reductions.

PepsiCo, which has had a distribution agreement with Rockstar in North America since 2009, also owns the Mountain Dew Kickstart energy brand, as well as GameFuel and Amp.

Dermatology company Galderma is giving its aesthetics portfolio a shot in the arm.

Emmanuel Babeau has joined Philip Morris International as chief financial officer, replacing Martin King.

Infosys will be the first global system integrator to join the new IBM Public Cloud Ecosystem, to help bring IBM public cloud services to clients via service providers.

Coty, which counts such brands as Covergirl, Max Factor, Adidas and Clairol under its umbrella, is currently exploring the sale of its professional beauty division.

The PepsiCo brand added the role in order to grow usage among its current customers and penetrate the households of non-users in the United States.