Harry Davis & Company (HDC), a longtime leader in mergers, acquisitions, and asset solutions for the global food and beverage sector, has completed its second major transaction in less than a month, reinforcing the company’s reputation for executing complex deals under tight timelines. The firm announced the successful sale of Manna Beverages’ Anaheim, California facilities to US Beverage Packers West LLC, a wholly owned subsidiary of Arizona Beverages USA—one of the most recognized names in the North American beverage market.
This transaction follows on the heels of another high-profile deal earlier in the month, in which HDC brokered the sale of Manna’s Sacramento operations to Redwood Beverage Group. Together, the pair of sales represents a rapid and highly coordinated effort to repurpose shuttered or soon-to-close beverage production assets, restoring economic activity and maintaining continuity across key processing and distribution hubs.
A Significant Win for Local Jobs and the Regional Beverage Ecosystem
With the acquisition of the Anaheim facilities, Arizona Beverages USA is expected to restore and sustain hundreds of local manufacturing and distribution jobs that had been put at risk when Manna announced its exit from the California market. The facilities—strategically located in one of the country’s most significant logistics corridors—represent substantial production capacity, sophisticated filling and packaging lines, and proximity to major West Coast distribution routes.
The buyer, Arizona Beverages USA, is widely known for its iconic 99-cent iced teas and beverages, a product line that has made the company a household name since the early 1990s. With a national footprint, Arizona operates advanced production centers capable of manufacturing bottled and canned beverages for domestic and international markets. The acquisition of the Anaheim site allows the company to strengthen its West Coast manufacturing capabilities, diversify its operational infrastructure, and expand capacity to meet long-term demand.
For local workers, suppliers, and logistics partners, the continuation of operations at the Anaheim location represents not only immediate economic relief but also a renewed sense of long-term stability. Industry analysts note that when major beverage facilities close, surrounding communities often face ripple effects—including lost supply contracts, diminished trucking volume, and weakened local business activity. Arizona’s swift decision to take over the site may help mitigate these impacts and accelerate the region’s manufacturing recovery.
Strategic Value Recognized Early by HDC
According to HDC CEO Lenny Davis, the Anaheim facility presented a rare and highly attractive opportunity for beverage companies seeking established West Coast capacity. Davis emphasized that HDC quickly anticipated market interest for the site once Manna signaled its withdrawal.
“As with the Sacramento facility, our team quickly recognized that the Anaheim operation held exceptional strategic value for the beverage industry,” Davis explained. “Manna’s exit opened a meaningful market opportunity, and the facility’s fully integrated West Coast manufacturing and distribution platform drew immediate interest.”
The Anaheim complex includes advanced production technologies, integrated warehousing, and direct access to distribution channels, making it particularly appealing for large beverage producers looking to expand or rebalance their manufacturing networks. The facility’s ability to support multiple beverage categories—ready-to-drink teas, juice drinks, energy beverages, and more—positioned it as a versatile and scalable operational asset.
Securing a buyer of Arizona Beverages USA’s size and industry standing, Davis added, demonstrates both the facility’s inherent value and HDC’s process-driven ability to connect sellers with motivated, well-aligned buyers.
“Securing a transaction with an industry stalwart like Arizona Beverages USA underscores the strength of the asset and the effectiveness of our process,” Davis said. “I’m extremely proud of how quickly and professionally our team advanced this deal and brought it to a successful conclusion ahead of the planned equipment auctions on December 3rd and 4th.”
A Race Against Time: Concluding the Deal Before Asset Auctions
A noteworthy element of the transaction is the timeline under which it was executed. Manna had scheduled equipment auctions for early December to liquidate production assets if a buyer was not secured. HDC’s ability to structure, negotiate, and finalize a deal ahead of that liquidation deadline was essential to preserving the facility’s value and ensuring ongoing operations rather than asset dispersal.
Deals of this kind typically involve technical inspections of equipment, environmental and regulatory reviews, evaluation of production line capabilities, and detailed transition planning. Completing these steps on an expedited basis required extensive coordination between HDC, Manna Beverages, and Arizona’s operational and legal teams.
The successful conclusion preserves not only the physical infrastructure but also the region’s manufacturing ecosystem—ensuring that the plant remains a productive, revenue-generating asset rather than being dismantled.
Part of a Broader Pattern of Beverage Sector Consolidation and Realignment
The back-to-back sales orchestrated by HDC reflect broader dynamics affecting the U.S. beverage industry. Shifts in consumer trends, rising demand for ready-to-drink beverages, supply chain pressures, and cost efficiencies are driving strategic realignments, with companies increasingly seeking to optimize facilities, expand footprint presence, or secure more vertically integrated platforms.
Arizona Beverages USA’s acquisition of the Anaheim location mirrors a trend among leading beverage companies to strengthen regional production to reduce freight costs, increase flexibility, and enhance speed-to-market. For HDC, helping facilitate these kinds of transitions is core to its longstanding mission.
A Legacy of Market Leadership
Founded in 1955, Harry Davis & Company is a third-generation firm specializing in mergers, acquisitions, appraisals, and asset solutions specifically within the food and beverage sector. Over nearly seven decades, the firm has cultivated deep relationships within the industry, connecting buyers and sellers, solving complex asset transition challenges, and facilitating growth or exit strategies for companies across all categories—from dairy and bakery to beverage, confectionery, and packaged goods.
The company has become widely recognized for its combination of technical expertise, industry knowledge, and ability to act quickly in high-stakes situations. Its involvement in high-profile transactions—particularly those requiring rapid assessment and turnaround—has earned HDC a reputation as a trusted facilitator that can protect asset value while supporting workforce continuity and regional economic stability.
Source Link:https://www.businesswire.com/
