VBL Varun Beverages Ltd Company Mergers Announcement 2023 - Acquisition of BevCo in South Africa Varun Beverages Ltd has announced the proposed acquisition of 100% stake in The Beverage Company (Proprietary) Limited in South Africa, which is engaged in manufacturing and distributing licensed/non-alcoholic beverages, with a transaction value of ~ZAR 3 Billion. BevCo achieved net revenue of ZAR 3,615mn in FY23..Find Corporate Announcements for Press Releases, AGM, Insider Trading & SAST, Results and Corporate Action for Varun Beverages Ltd