Germany: CCEP Invests EUR 30 Mln Glass Bottling Line

Coca-Cola European Partners has opened its new EUR 30 million refillable glass line at its plant in Mannheim, Germany, with the capacity to fill...

Thai Beverage Plans Singapore IPO of Up to $3 Billion-Source

Thai billionaire Charoen Sirivadhanabhakdi's Thai Beverage is planning a Singapore IPO of some of its regional beer assets in a float that could raise...

France’s Pernod Ricard Targets Trendy Tequila for Growth

Pernod Ricard is looking to expand its tequila range, possibly through acquisition, the French drinks group's CEO for Europe, the Middle East, Africa and...

Israel: PepsiCo Reportedly Investigating USD 92 Mln. Expansion of SodaStream Plant

26 November 2019 - PepsiCo-owned SodaStream, a system allowing consumers to purchase carbonation cylinders and make their own sodas at home, is reportedly seeking...

Fermented Sciences, Maker of Hard Kombucha, Raises USD 25 Mln in Funding

Fermented Sciences, the maker of organic hard kombucha brand Flying Embers, has secured a USD 25 million Series B round co-led by the Ecosystem...

Coca-Cola Replacing Shrink Film with Paperboard “Topper” on Multipack Cans

Coca‑Cola and bottling partners Coca‑Cola HBC and Coca‑Cola European Partners have announced they will begin rolling out a paperboard packaging solution on multipack cans...

Somerset Sparkling Water Acquired by New Slice Ventures

Organic sparkling water company New Slice Ventures has acquired caffeinated sparking water brand Somerset for an undisclosed amount. Somerset launched in Austin in the spring...

Cott Acquires Dutch Water Cooler Company Viteau

Cott Corporation, provider of home and office bottled water delivery services in North America and Europe and a leader in custom coffee roasting for...

Costa Coffee Announces Appointment of New CEO

Costa Coffee announced today that Dominic Paul will step down as CEO of the company effective Nov. 30. He will be succeeded Dec. 2...

Fevertree Drinks Warns on Revenue as UK Retail Spending Cools

Premium tonic water maker Fevertree Drinks Plc on Wednesday warned on its annual revenue as Britons spent less on its mixers sold in retail...

Coca-Cola Switches to Recycled Plastic for PET Bottles in Sweden

Drinks group Coca-Cola said on Tuesday it would start using PET bottles in Sweden made only of recycled plastic in a first step towards...

Molson Coors Partners with Emerging Nonalcohol Beverage Firm

Molson Coors and L.A. Libations today announced a multiyear partnership that includes a significant minority equity investment by Molson Coors in L.A. Libations as...

Cott to Acquire The Water Guy, Strengthening Customer Base in the Mid-Atlantic

Cott Corporation , a leading provider of home and office bottled water delivery services in North America and Europe and a leader in custom...

Refresco acquires AZPACK in Arizona, USA

Refresco announces that it has entered into an agreement with AZPACK (Arizona Production & Packaging) to acquire their manufacturing activities located in Tempe, Arizona,...

Buy & Build Strategy Accelerates, Refresco Reports Solid Q3 2019 Results

Refresco publishes the third quarter 2019 results of Sunshine Top B.V., the entity owning Refresco Holding B.V. 1 Q3 2019 Highlights Total volume was 2,905...

Luckin Coffee’s Not-So-Secret Weapon in Battle with Starbucks: Tea

Luckin Coffee Inc's new teas pulled in more customers to its rapidly expanding network of stores in China in the third quarter, helping the...

BevCanna Plans to Acquire Cold-Pressed Juice Co.

Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. announced today that it has signed a non-binding Letter of Intent (the "LOI") to acquire...

Refresco to Acquire Britvic’s Three Juice Bottling Facilities in France

Refresco announces the potential acquisition of Britvic’s three juice manufacturing facilities in France by Refresco. The prospective transaction, subject to employee consultation and competition...

Swiss Coffee Lovers Win Reprieve Over Plans to Scrap Bean Stockpile

The Swiss government has woken up and smelled the coffee, delaying a final decision on its plan to scrap the nation's strategic bean reserve...

Tata Global Beverages Reports 8% Increase in HY Operational Revenue

For the quarter, Revenue from operations at Rs. 914 crores increased by 8% over corresponding quarter of the previous year mainly on account of...

Coca-Cola Chooses Plastic Bottle Collection Over Aluminum Cans to Cut Carbon Footprint

Coca-Cola is committed to collecting and recycling plastic bottles rather than switching to aluminum cans as the world's largest soft drinks maker seeks to...

Ireland to Impose “Latte Levy” by 2021 to Cut Plastic Waste

Ireland will impose a so-called latte levy on disposable coffee cups by 2021 in a bid to change consumer habits and cut the environmental...

Dairy Free Drinks Producer Mooala Secures USD 8.3 Mln Funding

Mooala, maker of  organic, dairy-free beverages and creamers, today announced it has completed a $8.3 million Series A equity financing. Sweat Equities, an investment firm specializing in...

Canada: Lassonde to Acquire Fruit-Based Snack and Beverage Manufacturer Sun-Rype

Food and beverage company Lassonde Industries is set to acquire Canadian fruit-based snack and beverage manufacturer Sun-Rype Products Ltd for around USD 61 million...

Starbucks Earnings Heat Up on China Expansion, Digital and Cold Brews

Starbucks Corp beat Wall Street sales and revenue estimates on Wednesday, driven by new stores, digital ordering and delivery in China, and cold drinks...

UK: Glebe Farm Foods Expanding Oat Drink Production

Glebe Farms Foods is set to expand its Cambridgeshire oat production site. The decision to expand, the company says, is driven by the increase...

Italy to Tax Plastic and Sugar, Angering Producers

Italy's 2020 budget will include new taxes on plastic and sugary drinks designed to raise 1.3 billion euros, government officials said on Monday, prompting...

Heineken to Invest $244 Mln in Brazil by 2020 to Double Capacity

Heineken, the world's second-largest brewer, will invest 985 million reais ($244 million) in Brazil to double its production capacity, CEO Mauricio Giamellaro told the...

Asahi CEO Bets on Better Tasting Alcohol-Free Beers; Pauses Acquisition Spree

Asahi Group Holdings' Chief Executive Akiyoshi Koji is betting on alcohol-free beer to drive global profits in coming years, leveraging Japanese technology to improve...

Heineken’s Q3 Beer Volume Up 2.3%

Heineken N.V. today publishes its trading update for the third quarter of 2019. KEY HIGHLIGHTS • Beer volume +2.3% organically with double digit growth in Asia...

UK: Flavoured Water Brand Revolution Waves Acquired by Clearly Drinks

Soft drinks manufacturer Clearly Drinks has invested in flavoured water brand Revolution Waves, no financial details were disclosed. Founded in 2017 Revolution Waves manufactures a...

Growing Sustainability Concerns Will Shape the Indian Soft Drinks Industry

Ethical living is a crucial trend currently influencing consumer preferences and driving new product development in soft drinks in India, according to global market...

New Age Beverages Expands Partnership with Nestle

Organic and natural products company New Age Beverages is set to expand its partnership with Nestle, broadening their license agreement on NESTEA to include...

INSIGHT-Plastic Bottles vs Aluminum Cans: Who’ll Win the Global Water Fight?

* Companies under pressure after scenes of plastics in oceans * Danone joins Coke, Pepsi in shifting some plastic to cans * Recycling rates much higher...

Zero-Sugar Sodas, Smaller Soft Drink Cans Drive Coca-Cola Revenue Beat

Coca-Cola Co beat Wall Street estimates for quarterly revenue on Friday as customers took to smaller-sized cans of its sodas, including Coca-Cola Zero Sugar,...

Ball Corp. Investing USD 200 Mln. in Massive Push Behind Aluminum Cups

Aluminum packaging supplier Ball Corporation has announced it will be investing USD 200 million to build a new facility for the production of aluminum...

Pernod Ricard Considers U.S. Price Hike to Offset Trade Tariffs

* Q1 sales up 1.3% on underlying basis vs 3.3% consensus * Pernod Ricard mulls price hikes in U.S. post tariffs * Keeps guidance which notably...

Nestle Revamps Waters Business as Organic Growth Slows

* Organic growth slows in Q3 from strong Q2 * Plans to return 20 billion Swiss francs to shareholders * Revamps waters business, creates strategy unit...

Pernod Ricard Q1 Sales Growth Slows as China and India Decelerate

* Pernod under pressure from investment group Elliott * Q1 sales up 1.3% on underlying basis * China and India show signs of slowdown (Adds detail...

Refresco Forms Strategic Partnership with PepsiCo in Spain

Refresco has reached a strategic agreement with PepsiCo for the production of part of the PepsiCo beverages volume in Spain effective 1 November 2019. Refresco...

Brazil: Massimo Zanetti Beverage Group Acquires Coffee Company Cafe Pacaembu

Producer and processer of roasted coffee Massimo Zanetti Beverage Group has acquired Cafe Pacaembu Ltda through its Brazilian subsidiary. No financial details have been...

Diageo Opens New Innovation and Research Centre in Scotland

The new £6.4 million laboratory will be the new home for teams working on science, technology and innovation projects across the drinks industry supply...

Mintel: ITC’s Whipped Coffee Paste Aims to Disrupt India’s Instant Coffee Segment

The entry of coffee chains such as Starbucks, Cafe Coffee Day, Costa Coffee and Barista over the past few years has played a crucial...

Symrise Invests EUR 3 Mln Expanding Innovation Centre in Indonesia

Symrise has invested EUR 3 million expanding its Jakarta innovation centre significantly expanding the laboratory capacity for taste as well as fragrance and care. The...

Carlsberg a Step Closer to Creating ‘Paper’ Beer Bottle

Carlsberg Group has today updated on its journey to create the world's first 'paper' beer bottle made from sustainably-sourced wood fibres that is both...

Coca-Cola to “Rethink” Drinks Recipes in Singapore as Country Plans Sugar Tax

The Coca-Cola Company reportedly welcomed plans by Singapore to introduce taxes on sugary drinks makers, saying that it will be “rethinking” the recipes of...

Pernod Ricard Completes Acquisition of Castle Brands

Pernod Ricard and Castle Brands Inc. announced today the successful completion of the acquisition of Castle Brands by a subsidiary of Pernod Ricard S.A.,...

Pakistan: Nestle Opens New USD 22 Mln Juice Plant

Nestle Pakistan has opened its USD 22 million Nestle Fruita Vitals plant at the Sheikhupura Factory. The plant will manufacture Nestle's ranges of juices...

Euromonitor: Central American Beverage Trends in 2019

The Central American markets are an emerging focus for soft drink companies around the world. Mexico is the sixth largest market for soft drinks...

Mintel: Coca-Cola Moves with New Energy

Earlier this year, Coca-Cola Australia released its first energy drink, Coca-Cola Energy, supported by a major campaign. The integrated marketing campaign for the new drink...

Coca-Cola Amatil Opens New Bottling Technology Line to Cut Plastics Use By 1,000 Tonnes...

Coca-Cola Amatil will reduce its plastics use by a further 1,000 tonnes a year with the opening of a new high-tech bottling line in...

Mintel: Soft Drinks Can Fill the Gap for Alcohol Alternatives in Brazil

According to a survey conducted by Brazil’s Ministry of Health, more than half of the Brazilian adult population is overweight. Consumers put the culprit...

Coca-Cola Unveils Sample Bottles Made from Marine Plastic

Coca-Cola has unveiled a sample bottle produced using 25% marine plastic, using marine litter that has been successfully recycled and reused. “About 300 sample bottles...

France: Pernod and Ricard to Merge Creating Single Company

The Ricard and Pernod companies have today presented the “Reconquer!” project to their Employee Representative Bodies and their entire staff. This initiative is in...

Italy’s Illycaffe Sets Five Year Target for U.S. Expansion

Italy's Illycaffe could reach its goal of opening 200 cafes in the United States within five years as part of a broader drive to...

AB InBev Asia Unit Gains 4% in Hong Kong Debut After Relaunching IPO

* Shares rise to as much as HK$28.10 vs IPO price of HK$27/share * AB InBev raised about $5 billion from Asia-Pacific unit IPO Shares in...

Mintel: Sprite Gets Healthy with Coconut Variant

Earlier this year, soft drink brand Sprite extended its healthy product line-up in China with the launch of Sprite Coconut. Sprite Coconut leverages the concept...

Nestle to Introduce Paper Straws in Indonesia and Malaysia

Nestlé is introducing paper straws for its packaged drinks in Indonesia and Malaysia, replacing plastic straws. This is another step forward in Nestlé's ambition...

Illycaffe Seeks U.S. Retail Partner to Expand its Coffee Cafe Network

Premium coffee maker Illycaffe is ready to sell a stake in the Italian company to a strategic partner to help it boost its retail...

USA: McDonald’s Enters Agreement with Keurig Dr Pepper for McCafe Packaged Coffee

McDonald's USA (MCD) and Keurig Dr Pepper (KDP) today announced a long-term master licensing and distribution agreement for McCafé packaged coffee in the U.S....

PepsiCo to Stop Snacks Production in the Philippines

Pepsi-Cola Products Philippines Incorporated (PCPPI) is set to close down its snack production line to focus on its core business, local press reports. PCPPI...

Nestle Expands Milo Factory in Malaysia

Nestlé Malaysia today launched its expanded Chembong Factory in Negeri Sembilan, to establish the facility as the world’s largest MILO Manufacturing site and global...

Nestle Waters NA Names New Chief Financial Officer

Nestle Waters North America today announced that Vivek Bedi will be appointed to Executive Vice President and Chief Financial Officer, effective December 1, 2019....

Connell Expands Food Offerings with Acquisition of Inno-Cosmic, Nation Maple in Malaysia

Connell, a Wilbur-Ellis company and a leading marketer and distributor of specialty chemicals and ingredients in Asia-Pacific, announces today the acquisition of the assets...

PHE Report Shows Further Sugar Reduction Progress by Food Industry

Soft Drinks Industry Levy data shows a 28.8% reduction per 100ml in retailer own-brand and manufacturer-branded products. Public Health England (PHE) has published its second-year...

Perricone Juices Acquires Florida-Based Lambeth Groves

Beaumont Juice, Inc. (d/b/a Perricone Juices) announced today that it has agreed to purchase all of the remaining shares of United Juice Companies of...

Coca-Cola European Partners to Remove 4,000 Tonnes of Single-Use Plastic in Western Europe

Coca-Cola European Partners, will be replacing plastic shrink wrap with cardboard for its can multipacks across Western Europe, removing approximately 4,000 tonnes of single-use...

Coca-Cola HBC Buys Italian Premium Mineral Water Maker Lurisia

Coca-Cola HBC, which bottles Coca-Cola products in Europe, has agreed to buy Italian mineral water maker and sparkling beverage company Lurisia in a deal...

Canada: Molson Coors Opens USD 226 Mln Facility

Molson Coors Canada has officially opened its newest modern brewery in the Fraser Valley of British Columbia at Chilliwack. This CAD 300 million facility...

Market Opportunity Analysis: Cold Brew and Iced Coffee in Brazil

Ready-to-drink (RTD) coffee is the leading growth format for coffee at retail in the United States. This is highly unusual and has inspired companies...

Budweiser APAC Launches Second IPO Attempt, Targets up to $6.6 Bln

Anheuser-Busch InBev NV kicked off a second attempt to spin off its Asian business in Hong Kong with the launch of an IPO on...

Eastside Distilling Acquires Azunia Tequila

Eastside Distilling, Inc.  today announced the acquisition of Azuñia Tequila from Intersect Beverage. Azuñia Tequila offers four premium tequila products; Blanco Organic Tequila, Reposado...

Keurig Dr Pepper Creating New Pennsylvania Operations

Keurig Dr Pepper  today announced plans to develop a new, state-of-the-art production and warehouse facility in Allentown, Pennsylvania. The Company is expected to invest...

Zubrowka Vodka Joins Coca-Cola Amatil Portfolio

Coca-Cola Amatil has strengthened its premium spirits portfolio with the addition of Zubrowka Vodka. The new Australia-wide distribution agreement means that from 1 October 2019,...

PepsiCo Accelerates Plastic Waste Reduction

PepsiCo, Inc. announced a new target to reduce 35% of virgin plastic content across its beverage portfolio by 2025, which equates to the elimination...

Asia Pacific: Coffee Broadens Its Appeal with Fruit

The pairing of coffee and juice might sound unusual but it has the potential to attract more consumers, especially the younger generation, to the...

Alcohol: C&C Group to Move Listing to UK

13 September 2019- Irish cider maker C&C Group has announced it will be changing its listing to the UK, seeking admission to the FTSE...

Brexit Won’t Block Our Bubbly, Say French Champagne Makers

Whatever hardships a 'no-deal' Brexit might inflict on Britain a champagne drought will not be one of them, according to French producers. Makers of the...

Sports Nutrition: Celsius Holdings Buys Finland’s Func Food Group Oyj

12 September 2019- Sports beverage manufacturer Celsius Holdings announced yesterday the purchase of Finland’s Func Food Group Oyj. Func Food is a Nordic wellness company...

Refresco Extends Contract Manufacturing in UK With Purchase of CCEP Plant

12 September 2019- Refresco, a bottler and contract manufacturer for the beverage industry, has announced that it will be buying a production plant in...

Remy Cointreau Picks Richemont’s Vallat as New CEO

French spirits group Remy Cointreau said on Wednesday it had picked Richemont's Eric Vallat as its new chief executive officer. Vallat, who used to work...

Distell Accuses AB InBev, SABMiller Merger of Breach -S.Africa Regulator

South Africa's Competition Tribunal on Wednesday said it was looking into allegations by South African alcoholic drinks firm Distell Group that the entity formed...

AB InBev Set to Revive Budweiser Asia IPO with $5 Bln Float -Sources

The world's largest brewer, Anheuser-Busch InBev, which shelved a Hong Kong IPO of its Asia Pacific unit in July, is planning to raise about...

Alkaline Water Company Acquires Fellow Premium Bottled Water Maker AQUAhydrate

Alkaline Water Company, the maker of alkaline water brand Alkaline88, announced that it has acquired AQUAhydrate, a Los Angeles-based premium bottled water company, in...

US: Cannabis Company Bhang Inc Acquires Red Ace Beverages

Bhang Corporation, a US-based company that produces and markets a range of cannabis-infused products, has acquired wellness beverage company, Red Ace Organics for USD...

Altia Takes on Sparkling Mulled Wine with Von Elk Company Investment

Leading Nordic alcoholic brands company Altia announced that it has purchased a minority share in the Von Elk Company, the business behind Gloët sparking...

Hero Group to Sell Dutch Chilled Juice Brands to Riedel

06 September 2019- Hero Group’s Dutch branch has agreed to sell its FruitOntbijt and FruitSap chilled juice brands to Riedel Drinks B.V. this week,...

Campari Group Signs Deal to Acquire French Rums Trois Rivières and La Mauny

Further to the communication of July 20th, 2019, regarding the exclusive negotiations with Groupe Chevrillon and a group of minority shareholders for the acquisition...

Starbucks Sees Slower Profit Growth in FY 2020

Starbucks Corp said on Wednesday it expects 2020 profit growth to be lower than the current 10% rate, two months after the coffeehouse chain...

Mahou San Miguel Increases Stake in American Founders Brewing Co.

Spanish brewer Mahou San Miguel is set to strengthen its international presence taking a majority stake in Michigan based Founders Brewing Co. Mahou will increase...

Constellation Brands Makes Minority Investment in Durham Distillery

Constellation Brands acquired a minority stake in Durham Distillery, a craft gin, vodka, liqueur and ready-to-drink canned cocktail producer located in Durham, N.C. Co-founded by...

Coca-Cola Beverages Africa Acquires Majority Stake in Eswatini Beverages

Coca-Cola Beverages Africa (CCBA) has acquired a 60% stake in the soft drinks business Eswatini Beverages Limited, local press reports. The remaining 40% of...

Pernod Ricard to Acquire Castle Brands for USD 223 Mln

Pernod Ricard and Castle Brands Inc., today announced that they have entered into a definitive agreement under which Pernod Ricard, through a subsidiary, will...

Pernod Launches Share Buyback and Makes New Investments in China and U.S.

French spirits maker Pernod Ricard , which is being targeted by activist investor Elliott, launched a share buyback programme and announced new investments in...

Craft Beer: Adapting to Survive?

The craft concept now ubiquitous across consumer goods began in beer. Craft has established a firm footing in many beer markets, but as the...

CBD Drinks Company OLEO To Pursue “Aggressive” Growth Strategy After Investment

After securing USD 1.5 million, OLEO Inc. announced that it will be looking into accelerating the company’s expansion through “product innovation, strategic new hires,...

Mayorga Organics to Open Coffee Factory in Miami

Mayorga Organics has announced plans to open a 33,000 square foot facility in Miami, FL. The facility will work in conjunction with Mayorga's facility...

Molecular Coffee Start-Up Atomo Coffee Secures USD 2.6 Mln in Funding

Seattle based start-up Atomo Coffee has secured USD 2.6 million in seed funding in a round lead by Horizon Ventures. The funding is to...

Mintel: 3 Ways to Tackle Health Concerns About Energy Drinks

According to Mintel estimates, the energy drinks market in China has been experiencing explosive growth in recent years. However, it is still lagging behind...

Euromonitor: Mindfully Drinking with Coffee and Tea

Drinking alcohol mindfully or responsibly is most often associated with drinking less actual alcohol. That can be one way to approach mindful drinking, but...

Coca-Cola to Package Dasani Water in Aluminium Cans and Bottles

Coca-Cola has said it plans to package its Dasani water in aluminium cans, launching in the Northeastern United States later this year and expanding...

Premium Brews in Asia Stoke Carlsberg’s Half-Year Sales

Danish brewer Carlsberg posted a solid rise in half-year sales thanks to Asian markets, where consumers are trading up from mainstream beers to pricier...

Refresco Reports Step-Up in Q2 2019 Results

Q2 2019 Highlights Total volume was 3,005 million liters (Q2 2018: 3,040 million liters). Gross profit margin per liter was 15.6 euro cents (Q2...

China’s Luckin Hurt by Starbucks Battle

Luckin Coffee Inc posted a bigger-than-expected quarterly loss in its first results as a public company, hurt by soaring costs as it opened stores...

AriZona Beverages and Dixie Brands to Launch THC-Infused Products

American iced tea maker, AriZona will be joining forces with cannabis company, Dixie Brands Inc for the production, distribution and sale of cannabis-infused products. According...

British Beverage Giant Diageo to Market Cuban Rum

A European subsidiary of British beverage giant Diageo Plc signed a joint venture deal with state-run Cuba Ron SA on Monday to market Santiago...

Libstar Sees H1 Core Earnings Up, Sells Dairy, Fruit Drinks Unit

South African food producer Libstar Holdings Ltd expects core earnings to rise as much as 22.8% in the first half, helped by a strong...

Starbucks and Nestle Expand Global Coffee Alliance to China

Starbucks and Nestle have announced their first Chinese venture since joining forces in August last year, creating the Global Coffee Alliance. A range of...

Euromonitor: Four Types of Global Coffee Markets

The growth of coffee is a global phenomenon. Euromonitor International’s Industry Forecasting Model (IFM) can help build understanding of this highly complex global market...

Cott Revenue Stays Flat in Q2

Cott Corporation today announced its results for the second quarter ended June 29, 2019. "We are pleased with our top and bottom line performance during...

Monster Beverage Sees Q2 Net Sales Jump 8.7%

Second Quarter Net Sales rise 8.7 percent to $1.10 billion Second Quarter Net Income increases 8.3 percent to $292.5 million Second Quarter Net...

Coca-Cola HBC Falls Short On Profit in Tough European Market

Swiss-based soft drink bottler Coca-Cola HBC AG fell way short of market expectations for operating profit in the first half of 2019, hit by...

Coco-Cola HBC H1 Volume Up 2.2%, with 2.4% Growth in Sparkling

Coca‑Cola HBC AG, a leading bottler of The Coca‑Cola Company, reports its financial results for the six months ended 28 June 2019. Half-year highlights * Solid...

Diageo Buys Majority Stake in Non-Alcoholic Spirit Maker Seedlip

Diageo, the world's largest spirits company, said on Wednesday it had taken a majority stake in distilled non-alcoholic spirits brand Seedlip, as it looks...

Nestle Taps into the Growing Non-Dairy Demand with Latte Mixes

Nestle has created three plant- based “frothy” coffees, the almond, oat and coconut lattes are all certified by the Vegan Society. Coffee, Nestle said,...

Suntory H1 Revenue Up 2.3%

Summary of consolidated financial results for first six months Operating results Suntory Beverage & Food Limited Group (the Group), based on the philosophy of enriching...

Pernod Ricard Acquires Firestone & Robertson Distilling Co

Pernod Ricard (Paris:RI), through Pernod Ricard USA, announces the acquisition of Firestone & Robertson Distilling Co., owner of the TX brand, a leading whiskey...

Italy’s Illycaffe Buys Its British Distributor

Italian coffee roaster illycaffe has bought its distributor in Britain, signalling its confidence in the market in spite of uncertainties surrounding the country's looming...

Coca-Cola European Partners Opens Two New Capri-Sun Lines at Scottish Facility

Coca-Cola European Partners (CCEP) has invested GBP 23 million (USD 27.95 million) adding two robotic multi pack fillers dedicated to making Capri-Sun, at its...

Tata Global Beverages Operational Revenue up 5%

Consolidated Results: Revenue from Operations for the Quarter at Rs.1897 Crores, increased by 5% Group Net Profit for the Quarter at Rs. 142 Crores, increased...

Natur International Acquires Controlling Interest in U.S.-based Temple Turmeric Beverages

Natur International Corp., (NTRU) a producer of natural and organic plant-based foods and beverages, has announced the acquisition of the controlling interest in Temple...

Dunkin’ Brand Q2 Revenue Up 2.5%

Second quarter highlights include: Dunkin' U.S. comparable store sales growth of 1.7% Baskin-Robbins U.S. comparable store sales decline of 1.4% Added 46 net new...

Turkey Hill Appoints Tim Hopkins As Chief Executive Officer

Turkey Hill LLC ("Turkey Hill" or the "Company"), a leading manufacturer and distributor of branded ice cream and refrigerated drinks for the retail, foodservice,...

Indonesia: Nestle Invests USD 99.9 Mln to Increase Production Capacity in Three Factories

Nestle Indonesia today announced the expansion of its three factories in Karawang (West Java), Kejayan (East Java) and Panjang (Lampung). The CHF 99 million (USD...

Strong Growth for Aperol Helps Drive Campari Sales Higher

The popularity of orange aperitif Aperol and a jump in demand for tequila brand Espolon drove growth at Italian spirits group Campari, which reported...

Better Juice to Build Pilot Plant for Low-sugar Orange Juice

Better Juice, Ltd., the first foodTech startup to develop innovative technology to reduce all types of sugars in orange juice, and Citrosuco S.A, Brazil,...

PepsiCo Pays USD 131 Mln. for Minority Stake in Major Chinese Natural Food Company

29 July 2019- PepsiCo announced Friday that it would be spending USD 131 million to acquire a minority stake in Chinese health food company...

Heineken’s H1 Beer Volume Up 3.1%

Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) announces: Net revenue (beia) organic growth +5.6%; net revenue (beia) per hectolitre +3.0% Consolidated beer volume +3.1% Heineken®...

Euromonitor: Beer Trends Brewing in Southeast Asia

While the projected volume growth of beer in Asia Pacific is expected to be sluggish due to the competition from alternative beverages such as...

Starbucks Traffic Surges, Posts Best Sales Growth in Three Years

Starbucks Corp attracted more customers in the latest quarter on an expanded line up of beverages and food offerings in the United States and...

AB InBev Profits as Beer Sales Growth Hits 5-Year High

Anheuser-Busch InBev, the world's largest brewer, beat earnings expectations after beer sales grew at their fastest pace in over five years, helped by increases...

Diageo’s Profit Rises on Strong Demand, Cost Cuts

Diageo, the world's largest spirits company, reported higher annual profit on Thursday, helped by growth across all its markets, an improved price mix and...

Mintel: It’s Aluminum’s Time to Shine, Bottled Water Category

The bottled water market is in a transformational period. Currently, most mass market consumers are not especially worried about the environmental impact of plastic...

Coca-Cola Net Revenues Up 6% in Q2

The Coca-Cola Company today reported strong operating results in the second quarter of 2019, driven by consumer-centric innovation, solid core brand performance and improved...

UK Government Set to Ban the Sale of Energy Drinks to Under 16s

The UK Government has announced a ban of the sale of energy drinks to children aged 16 and under. British Soft Drinks Association Director-General Gavin...

Starbucks Enters Refrigerated Creamer Category

Starbucks has entered the refrigerated creamer category in the US launching its creamer products as a part of Starbucks and Nestle’s global coffee alliance....

Starbucks’ China Rival Luckin Coffee Plans First Foray Overseas

Starbucks' Chinese challenger, Luckin Coffee, plans to open coffee shops in the Middle East and India, in its first move overseas. Luckin, which raised $561...

Campari Group Enters Negotiations to Acquire French Company Rhumantilles

Davide Campari-Milano S.p.A. announced today that it has entered into exclusive negotiations with Compagnie Financière Chevrillon and a group of minority shareholders (the ‘Sellers’),...

Nestle Uzbekistan to Sell Dairy and Bottled Water Operations to Lactalis

Nestle Uzbekistan is set to sell its bottled water and dairy operations, including two factories located in Namangan Uzbekistan to Lactalis, local press reports....

PepsiCo Offers $1.7 Bln to Buy South Africa’s Pioneer Foods

PepsiCo has made a $1.7 billion offer to buy South Africa's Pioneer Food Group the companies said on Friday, boosting the target's shares by...

AB InBev to Sell Carlton & United Breweries to Asahi Group

Anheuser-Busch InBev has agreed to divest Carlton & United Breweries (CUB), its Australian subsidiary, to Asahi Group Holdings, Ltd. for 16.0 billion AUD, equivalent...

Coca-Cola HBC to Launch Costa Coffee Products in Several Markets in 2020

Soft drink bottler Coca-Cola HBC AG said on Thursday it will launch Costa Coffee products in several markets next year, months after Coca-Cola Co...

Remy Cointreau Confident on China After Weak Start of Year

French spirits group Remy Cointreau on Thursday expressed confidence revenue would rise in the second quarter after a weak start to the year and...

Russia: Symrise Opens New Liquid Flavoring Production Line

Symrise has opened a new production line for liquid flavourings at its site in Rogovo, Russia. The expanded plant will offer liquid taste solutions...

Remy Cointreau Eyes Q2 Acceleration After Q1 Sales Decline

* Group sales down 3% l-f-l, cognac up 5.5% * Q1 impacted by price increases * Termination of partner brands contracts also hit Q1 * Keeps outlook...

Australia: Protein Smoothies Company Made Group Set to Expand

A distribution deal between Coca-Cola Amatil and the Made Group is set to expand the range of protein smoothies and cold pressed juices to...

Mr Kipling Campaign Powers Premier Foods Growth

Bisto gravy and OXO cube maker Premier Foods reported higher group sales in the first quarter as its Mr Kipling cakes and Batchelors brands...

Irn-Bru Maker A.G. Barr Says Profits to Fall 20%

Irn-Bru maker A.G.Barr said on Tuesday it expected profits to fall 20% this year compared to last, citing disappointing spring and early summer weather...

Jones Soda Completes USD 9 Mln Strategic Financing with HeavenlyRx

Craft soda company Jones Soda has completed a USD 9 million strategic financing with HeavenlyRx Ltd., a portfolio company of SOL Global Investments focused...

Swire Coca-Cola Expanding Operations in Arizona

15 July 2019- Swire Coca-Cola USA has launched an expansion of its operations in Glendale, Arizona, according to local press sources reporting on the...

Hold the Beers: Budweiser APAC IPO Fail Shows Valuations Face Investor Push-Back

Reluctance to accept AB InBev's high valuations doomed Budweiser APAC's IPO of up to $9.8 billion - poised to be the world's biggest this...

Ice Cream Manufacturer Turkey Hill Plans Capacity Expansion

Turkey Hill LLC has outlined an investment plan that includes strengthening manufacturing operations and expanding capacity. Turkey Hill, a standalone company since being acquired from...

Study Finds Possible Link Between Sugary Drinks and Cancer

People who drink a lot of sugary drinks have a higher risk of developing cancer, although the evidence cannot establish a direct causal link,...

PepsiCo’s Mini-Sized Sodas Boost Quarterly Results

PepsiCo Inc's quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as...

PepsiCo Q2 Net Revenue up 2.2%

PepsiCo, Inc.  today reported results for the second quarter 2019. “We are pleased with our results for the second quarter,” said Chairman and CEO Ramon...

Remy Cointreau’s CEO Chapoulaud-Floquet to Step Down

French spirits company Remy Cointreau said on Tuesday that Chief Executive Officer Valerie Chapoulaud-Floquet will step down by the end of 2019 for personal...

Thai Beverages Acquires Coffee Company Dongguan LiTeng Foods

Asiaeuro International Beverage, subsidiary of Thai Beverage, has acquired China coffee company Dongguan LiTeng Foods (LiTeng Foods) for USD 43,646 (RMB 300,000). LiTeng Foods, processer...

Illycaffe Chairman Says Open to Partnership to Expand Cafe Network

Italian premium coffee maker illycaffe is open to a strategic partnership to help accelerate the growth of its retail network and could consider selling...

Budweiser APAC Won’t Rely on M&A to Grow After IPO, says CEO

Budweiser APAC will not rely on merger and acquisition (M&A) deals to expand after the Asia-Pacific business of beer giant Anheuser-Busch InBev (AB InBev)...

Premium Prices Attract Small Farmers Back to Coffee Growing in Zimbabwe

David Muganyura smells the coffee cherries on the slopes of his plot and breaks into a smile, as he chats to workers who are...

Lavazza to Partner with PepsiCo to Launch RTD Ice Cappuccino

In a Bloomberg TV interview Vice Chairman Giuseppe Lavazza said the company is near to announcing a partnership with PepsiCo. No date was provided...

UK: AMC Group Opens GBP 11 Mln Production Facility

AMC Group has opened a GBP 11 million factory in Lancashire, UK to manufacture freshly-squeezed juice and a variety of plant- based and allergen...

Coca-Cola Gets Green Signal to Sell Energy Drink Under Monster Contract

An arbitration tribunal has ruled that Coca-Cola Co can sell its energy drink globally under the terms of the contract with Monster Beverage Corp,...

Anheuser-Busch Acquires Remaining Stake in Babe Wine

Anheuser-Busch, through its affiliate ZX Ventures, will acquire the remaining stake in the disruptive wine company, Babe Wine. Babe Wine’s partnership began back in...

Corona Maker Constellation Brands Beats Quarterly Sales Estimates

Constellation Brands Inc beat analysts' estimates for quarterly revenue on Friday, driven by strong sales of its beers including the Modelo brand, sending its...

Coca-Cola Amatil Produces 100% Recycled Bottle for Carbonated Beverages

Coca-Cola Amatil has produced Australia’s first carbonated soft drink bottles made from 100 per cent recycled plastic, in a major step forward for sustainability. Group...

Japan’s Suntory Joins Rival Coca Cola to Push Vietnam on Plastic Recycling

Japanese beverage giant Suntory Holdings said it would work with rival Coca-Cola as well as Nestle to push the government in Vietnam, among the...

Vasari Beverages Raises USD 100 Mln to Fund Expansion Plans

Vasari Beverages B.V. has completed a USD 100 million capital raise to  fund growth opportunities. Plans include expanding its existing beverage operations in Ethiopia...

Vietnam: Marubeni Starts Instant Coffee Manufacturing and Sales

Japanese Marubeni Corporation plans to enter the instant coffee business in Vietnam mainly supplying the Chinese and ASEAN markets. The company has set up...

Pernod Ricard Adds Bourbon to Its Portfolio

Pernod Ricard, through Pernod Ricard USA’s New Brand Ventures division, is delighted to announce yesterday’s signing of the agreement for the acquisition of a...

Dairy Company Zemaitijos Piena Acquires Water Brand

Lithuanian Dairy company Zemaitijos Piena to acquire UAB Baltic mineral water company, no financial details have been disclosed. UAB Baltic mineral water company produces a...

Centum Investment to Sell Stake in Drinks Firms to Coca Cola Africa

* Has agreed to sell stakes in drinks firms for $192.5 mln * Deal with Coca Cola Africa seen closing in next 4 months * FY...

Heineken Acquires Minority Stake in Amsterdam Craft Brewery Oedipus

Amsterdam based Oedipus craft brewing is partnering with Heineken, the company said, details of the size of investment and stake have not been released. In...

AG Barr Invests GBP 1 Mln in Alcohol Free Spirits Company

Irn-Bru and Rubicon owner AG Barr has invested GBP 1 million securing a 20% stake in alcohol free spirits company Elegantly Spirited, local press...

Italy: Water and Soft Drinks Company Galvanina Acquired by PE Firm

Italian soft drinks company Galvanina has been acquired by private equity firm Riverside for an undisclosed amount. Galvanina produces private label and branded mineral water...

Serbia: PepsiCo JV Acquires Water and Soft Drinks Company Knjaz Milos from Mid Europa

05 June 2019- Mid Europa Partners ("Mid Europa"), the leading private equity investor in Central and Eastern Europe, announced today the agreement to sell...

US: Starbucks Expands Augusta Soluble Coffee Facility, Doubles in Size

05 June 2019- Starbucks has completed the expansion of its soluble coffee facility in Augusta Georgia. The USD 121 million project added 150,000 square...

New Age Beverages Acquires Brands Within Reach

05 June 2019- US organic and natural beverages company New Age has signed an agreement to acquire Brands Within Reach, including the brand licensing...

European Spirits Makers Agree to Calorie Content Labels

* Calorie content labels expected in EU in December 2019 * Six large spirits makers among MoU signatories * Growing demand for healthier lifestyles 04 June 2019...

Pernod Ricard Confident Over Asia Growth-Slides

04 June 2019 - Drinks group Pernod Ricard , which is being targeted by activist investor Elliot , on Tuesday struck a confident note...

Green Demands Force European Brewers to Raise Their Drinks Game

03 June 2019 - European brewers expect they will need to tell more demanding drinkers as much about the environmental impact of a beer...

Coca Cola HBC Targets Up To 6% Annual Revenue Growth for Next Six Years

03 June 2019 - Coca-Cola's leading bottler Coca Cola HBC AG said on Monday it expects annual revenue growth over the next six years...

Mintel: Kid-Targeted Dairy Drinks to Address New Health Concerns

According to Mintel Global New Products Database (GNPD), Asia Pacific leads the way for kid-targeted functional dairy drinks. In contrast, the focus in North...

GoodWest Acquires Coffee Coffee Syrup and Flavourings Compant Skinny Mixes

31 May 2019- GoodWest Industries, LLC, a national provider of coffee condiments and an innovator in the rapidly growing iced coffee and cold brew...

San Miguel to Build USD 70 Mln Brewery in Vietnam

31 May 2019- Philippines based beverage company San Miguel Brewery is planning on spending USD 70 million building a beer plant in Ho Chi...

Colombia, Nespresso to Help Farmers Swap Coca for Coffee

28 May 2019 - A charitable initiative will help farmers in Colombia's southwestern mountains trade nearly 400 hectares (1,000 acres) of coca, the base...

Canada: Hill Street Beverage Company to Acquire OneLeaf Cannabis

28 May 2019- Hill Street Beverage Company Inc.  ("Hill Street" or the "Company") (TSX-V: BEER), is pleased to announce that it has signed a...

Lavazza Listing Not on the Menu for Italy’s Largest Coffee Maker

28 May 2019- Italy's largest coffee group Lavazza has no plans for a market listing and is focused instead on organic growth and integrating...

Coca‑Cola HBC Irish Water Brand Switches to 100% Recycled Plastic

27 May 2019- From next month Coca-Cola’ HBC’s Irish water brand Deep RiverRockwill be made from 100% recycled PET plastic (rPET). Matthieu Seguin, General Manager...

Encore Consumer Capital Invests in Alcoholic Kombucha Maker KYLA

23 May 2019- San Francisco private equity firm Encore Consumer Capital has invested an undisclosed amount in KYLA, maker of alcoholic kombucha. Oregon based KYLA...

C&C Group FY Revenue Up 2%

22 May 2019- C&C Group plc | Twelve months ended 28 February 2019 C&C Group plc (‘C&C’ or the ‘Group’), the leading, vertically integrated...

Britvic H1 Revenue Up 1.9%

22 May 2019- For the 28 weeks ended 14 April 2019 “A strong performance with revenue, organic margin and EPS all growing” Group Financial Headlines: ...

Spain: Coca-Cola European Partners Opens Glass Bottle Refilling Line

22 May 2019- Coca-Cola European Partners (CCEP) has opened a new glass bottle refilling line, which fills 40,000 bottles an hour at its Seville,...

GreenSpace Brands Sells Organic Juice Brand Kiju for CAD 8 Mln

21 May 2019- GreenSpace Brands (TSXV:JTR) ("GreenSpace") and Zurban Beverages ("Zurban") are pleased to announce the sale by Greenspace of the assets within the...

USA: Caliva Acquires Plant-Based Beverage Company Zola

21 May 2019- Californian based Caliva, a vertically integrated cannabis company, has acquired plant-based beverage maker Zola press sources report. No financial details have...

Vietnam: GEA Completes Freeze-Dried Coffee Production Plant for Tata Coffee

20 May 2019- GEA has completed a new freeze-dried instant coffee plant on a green field site in Vietnam for Tata Coffee Vietnam Company...

BSDA: New Fruit Juice Research is Misleading

21 May 2019- A new study suggests higher consumption of sugary beverages, including fruit juice, is associated with increased mortality. Gavin Partington, director-general of the...

USA: Tea and Lemonade Company Milo’s Tea Invests USD 60 mln in New Manufacturing...

20 May 2019- Milo’s Tea Company executives and Oklahoma government officials recently broke ground on a new manufacturing and distribution center in Tulsa, Okla....

Coca-Cola Updates Plans for Coca-Cola Beverages Africa

The Coca-Cola Company announced today that it will maintain its majority stake in Coca-Cola Beverages Africa for the foreseeable future. With the change, Coca-Cola will...

Moet Hennessy Acquires Chateau du Galoupet

20 May 2019- Moët Hennessy has entered into a definitive agreement to purchase Château du Galoupet, Cru Classé in the Côtes-de-Provence. The transaction is...