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Refresco Group B.V., the global independent beverage solutions provider for Global, National and Emerging (GNE) brands and retailers in Europe and North America, announced it has completed the acquisition of Tru Blu Beverages, a manufacturer of non-alcoholic beverages in Australia, following the receipt of regulatory approval.

Refresco entered into an agreement to acquire Tru Blu Beverages on October 14, 2022. With the acquisition now completed, Refresco expands its global presence, adding a third continent as a new platform for growth. The acquisition includes three production facilities, in Sydney, Brisbane and Perth. These will be added to the current Refresco network of over 70 manufacturing facilities across Europe and North America. With this expansion, Refresco further strengthens their position as global independent beverage solutions provider to branded customers and leading retailers. In addition, Refresco moves one step closer to fulfilling its ambition of “Our Drinks On Every Table”.

The integration process will commence immediately, with Tru Blu Beverages to be rebranded as Refresco.

Donaldson Company, Inc., a leading worldwide provider of innovative filtration products and solutions, announced it acquired Solaris Biotechnology Srl. Solaris designs and manufactures bioprocessing equipment, including bioreactors, fermenters and tangential flow filtration systems for use in food and beverage, biotechnology and other life sciences markets. Solaris’ product portfolio ranges from benchtop systems for research and development to pilot and commercial-scale manufacturing systems.

Solaris was founded in 2002 and is headquartered in Porto Mantovano, Italy, with US operations based in Berkeley, CA. The Company has approximately 30 employees. Donaldson acquired Solaris for approximately €41 million. Calendar year 2021 revenue is projected to be approximately €5 million and will be reported within the Donaldson Industrial Filtration Solutions business in the Industrial Products segment.