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...

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...

S CAP Funds Two Companies in Snacking and Beverage Sector

17 May 2019- S CAP announced this week that it has funded Bright Greens, creator of blender-less smoothies, and Libre Naturals, maker of allergen-free...

India: Veeba Foods Enters Child Nutrition Segment

17 May 2019- Indian Food company Veeba Foods has entered the child nutrition segment with a nutritional supplement beverage. V-Nourish is a scientifically designed nutritional...

Starbucks, Mercon Announce Separate Sustainability Loans

13 May 2019 - Starbucks and Mercon Coffee Group separately announced sustainability-focused loan facilities on Monday, signaling the coffee sector's growing emphasis on sustainability...

The Boston Beer Company and Dogfish Head Brewery Merge in USD 300 Mln Deal

10 May 2019- The Boston Beer Company, Inc. and Dogfish Head Brewery have signed a definitive merger agreement in a deal valued at approximately...

Euromonitor: Premium Coffee Beyond the “Third Wave”

“Third wave” is the latest buzzword heard in discussions around coffee. The idea that coffee evolves along a set path—from the emergence of easy...

Symrise Partners with Califormulations to Drive Innovation

08 May 2019- Symrise has announced the company’s investment in and the creation of a strategic partnership with Califormulations, LLC, a unique platform designed...

Brazil’s Ambev in Stronger Position to Benefit from Economic Recovery -CEO

07 May 2019 - Brazilian beverages firm Ambev SA has emerged from the country's economic recession in a stronger position to compete in the...

Coca-Cola and Fonterra Launch First Products Under SE Asia Alliance

07 May 2019- The first products under the strategic alliance between Coca-Cola and Fonterra in southeast Asia have now reached consumers, the companies have...

Heineken Acquires Biela Ecuador, Enters Ecuadorian Beer Market

2 May 2019 - Heineken  has acquired a majority stake in Biela y Bebidas del Ecuador S.A. BIELESA ('BIELA ECUADOR') from a group of...

Constellation Brands Increases Investment in Tennessee Whiskey Maker

02 May 2019 - Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it acquired a majority stake in...

Nestle Waters Joins Consortium to Boost PET Plastic Recyclability

29 April 2019- Nestle Waters is joining Carbios, L’Oréal, PepsiCo and Suntory Beverage & Food Europe (SBFE) to bring enhanced recycling technology designed and...

Kraft Heinz “Struggles” to Sell Maxwell House Coffee

29 April 2019- Kraft Heinz is still looking for a buyer for its Maxwell House coffee brand the New York Post reported on Thursday,...

Heineken’s Q1 Beer Volume up 4.3%

24 April 2019 - Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) today publishes its trading update for the first quarter of 2019. KEY HIGHLIGHTS • Beer volume...

Coke Zero Sugar, New Flavors Lift Coca-Cola Results; Shares Rise

23 April 2019 - Strong demand for Coca-Cola Co's zero-calorie drink Coke Zero Sugar, new orange-vanilla cola and flavored waters pushed the beverage maker's...

Coca Cola Reports Net Revenues Up 5% in Q1

23 April 2019- Coca-Cola Reports Solid Operating Results in First Quarter. Net Revenues Grew 5% in First Quarter; Organic Revenues (Non-GAAP) Grew 6%, Including...

Coca-Cola HBC to Invest Around USD 131.3 Mln In Poland

23 April 2019 - Coca-Cola Hellenic Poland has said it plans to invest more than half a billion zloty (around USD 131.3 million) in...

Starbucks’ China Challenger Luckin to Raise up to $800 mln in U.S. IPO-Sources

23 April 2019 - Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, filed on Monday for a U.S. initial public offering (IPO) through...

Pernod Ricard Agrees to Buy Italian Gin Brand Malfy

17 April 2019 - Pernod Ricard, which is being targeted by activist investor Elliott, plans to buy super premium Italian gin brand Malfy from...

Major German Bottler Opening New Soft Drinks, Water Plant in UK

A new bottling plant in Foston in the center of Britain will manufacture mineral water and soft drinks for the UK and Ireland, according...

Diageo Invests GBP 16 Mln to Reduce Plastic Usage, Removes Plastic from Beer Packaging

16 April 2019- Guinness owner Diageo has said plastic ring carriers and shrink wrap will be removed from a number of their beer brands...

Hormel Foods Finalizes the Sale of CytoSport to PepsiCo

15 April 2019- Hormel Foods Corporation today announced it has completed the sale of its CytoSport business to PepsiCo, Inc.. The transaction purchase price was...

Ageless in Japan: Suntory Sells “World Whisky” Blend as Premium Tipple

16 April 2019 - Japan's Suntory Holdings, faced with a whisky crunch, is selling a rare mix sourced from around the world as premium...

Coca-Cola Investing USD 33 Mln Expanding West Memphis Facility

12 April 2019- Coca-Cola Bottling Co. Consolidated is set to invest USD 33 million expanding its West Memphis, Arkansas, production facility. The 200,000 square- foot...

Mintel- Coffee Craze: China’s On-Premise Coffee Market Value Reached an Estimated RMB64.7 Bln in...

11 April 2019- China’s on-premise coffee sector has experienced strong growth in recent years, and, according to the latest research from the world’s leading...

Swiss Govt Says Coffee ‘Not Essential’, Stockpiling to End

10 April 2019 - Switzerland on Wednesday announced plans to abolish the nation's emergency stockpile of coffee, in place for decades, after declaring the...

Eurazeo Completes Investment in NY-Based Carbonated Mixer Brand Q Mixers

5 April 2019 - Eurazeo, a leading global investment firm with approximately €17 billion in assets under management, is pleased to announce it has...

Euromonitor: CBD and Plant-Based Formulations Proliferate Across Beverages, Food and Health

Innovations across beverages, food and supplements, among other consumer packaged goods, were ever-present on the Natural Products Expo West 2019 show floor. Among the...

Lion Acquires UK Craft Brewer, Magic Rock Brewing

30 March 2019: Australian and New Zealand brewer, Lion, has acquired 100% of leading UK craft brewer, Magic Rock Brewing Company. Magic Rock is a...

Orkla Invests in Branded Health Drink

29 March 2019- Orkla has signed and completed an agreement to purchase 43.5% of the shares of the Portuguese company Asteriscos e Reticências, S.A....

Canada: Coca-Cola Invests USD 20 mln Upgrading Brampton Plant

29 March 2019- Coca-Cola Canada Bottling Ltd. has invested USD 20 million to upgrade production line capabilities at its Brampton plant to support mini...

Nestle to Face Lawsuit Saying Poland Spring Water not From a Spring -U.S. Judge

28 March 2019 - A federal judge on Thursday rejected Nestle SA's bid to dismiss a revised lawsuit claiming that it defrauded consumers by...

Nestle Waters North America Further Expands Beverage Delivery Service

28 March 2019- Nestle Waters North America (NWNA) has expanded its ReadyRefresh beverage delivery operations into North and South Carolina after acquiring five beverage...

Lion NZ Acquires Teza Iced Teas

26 March 2019 – Lion NZ has today announced that it has acquired Kiwi drinks brand, Teza Iced Teas. The purchase forms part of...

Irn-Bru Maker Says Almost All Drinks Now Sugared Down

26 March 2019- Irn-Bru maker A.G.Barr Plc said on Tuesday almost all of its soft drinks were now exempt from a sugar tax levied...

Fevertree’s Profit Jumps 34 pct on Gin Craze, Tonic Mixes

26 March 2019 - British premium drinks maker Fevertree Drinks Plc on Tuesday reported a 34 percent jump in annual adjusted core earnings, as...

Coca-Cola European Partners Sets 100% Package Collection Target

22 March 2019- Coca-Cola European Partners (CCEP) has set itself a target of 100% packaging collection, a bottle or can for every one they...

Pernod Ricard Eyes Margin Improvement in EMEA-LATAM Business

19 March 2019 - Drinks group Pernod Ricard , which is being targeted by activist investor Elliott, said its business in Europe, the Middle...

Soufflet to Build a Malt House in Ethiopia

14 March 2019- Soufflet has started construction on a new malt house close to the barley growing area in Addis Abada, Ethiopia. The company...

Nestle Argentina Invests USD 11.9 mln in RTD Milk Products Line

13 March 2018- Nestle has inaugurated a new production line at its Villa Nueva factory in Cordoba, Argentina. The CHF 12 million (USD 11.9 mln)...

Heineken Opens USD 100 mln Brewery in Mozambique

13 March 2019- Heineken has opened its first brewery in the province of Maputo Mozambique investing USD 100 million in the project. The brewery will...

Luckin Coffee Chief Taps Banks for $200 mln Loan in Exchange for IPO Role-Sources

13 March 2019 - Chinese startup Luckin Coffee's chairman is seeking a loan of at least $200 million from banks including Goldman Sachs and...

Nestle Waters North America Expands ReadyRefresh Beverage Delivery Service

12 March 2019- Nestle Waters North America (NWNA) has expanded its ReadyRefresh beverage delivery operations to Pennsylvania and New Jersey after acquiring the customers...

LaCroix Maker’s Shares Dive After Poor Sales, CEO Cries ‘Injustice’

08 March 2019 - National Beverage Corp's shares sank 20 percent on Friday after it reported dismal sales, as questions over ingredients used in...

Americans Drinking More Gourmet Coffee than Ever Before -Survey

09 March 2019- Americans are consuming more gourmet coffee than ever, but the outlook for future growth may be threatened by increasing economic worries,...

Varun Beverages Opens Greenfield Production Facility in Punjab

March 08, 2019- Varun Beverages Limited today announced the inauguration of its greenfield production facility at Pathankot by the Hon'ble Chief Minister of Punjab....

Craft Brew Alliance Launches the pH Experiment, to Drive Innovation and New Product to...

05 March 2019- Craft Brew Alliance is launching a new standalone business unit, the pH Experiment, dedicated to creating, incubating and accelerating growth with...

Tata Coffee Opens Coffee Production Unit in Vietnam

08 March 2019- Tata Coffee subsidiary Tata Coffee Vietnam Company Limited has opened a freeze-dried coffee production plant in the Binh Duong province of...

Keurig Dr Pepper Invests in Dyla Brands

06 March 2019- Dyla Brands, owner of FORTO coffee shots and liquid drink mixes, has secured USD 20 million in funding in a round...

Euromonitor: The Soft Drink Sugar Consumption Challenge

01 March 2019- With increasing concerns over diabetes in Southeast Asia, various governments have been taking proactive action to curb sugar intake in packaged...

Wine and Shine: Scorching Summer Wilts Australia’s Grape Crop

01 March 2019 - Australia's hottest summer on record is hitting its $4.4 billion wine industry hard, with grape yields set to drop to...

Starbucks’ China Rival Luckin Coffee Taps 3 Banks for U.S. IPO-sources

28 February 2019 - Chinese startup Luckin Coffee, which has ambitions to overtake Starbucks at home this year, has tapped three banks including Credit...

Illycaffe Open to New Investors but Family Will Keep Control -CEO

26 February 2019- Premium coffee maker Illycaffe may bring new investors on board in the medium term but the founding family wants to keep...

Corona Maker Constellation Looking to Offload Some Wine Brands

20 February 2019 - Corona maker Constellation Brands Inc said on Wednesday it was looking to sell some of its lower-end wine brands, as...

Trade Secrets Worth USD 120 Mln. Allegedly Stolen by Former Coca-Cola Engineer: DOJ

15 February 2019- The US Department of Justice has announced an indictment by a Tennessee Grand Jury against 2 individuals for conspiracy to steal...

Nigerians Trade From Mainstream to Economy Brands, Affecting Heineken Results

Amid an economic downturn in Nigeria, customers have been trading down in quality, as observed by Heineken in the company’s full-year results call this...

Nestle Launches New Starbucks Coffee Products

14 February 2019- Nestle will soon be selling a new range of coffee products under the Starbucks brand in grocery stores and online. In a statement...

Molson Coors Cannabis JV ‘On Track’ for Canada’s Legalization of Edibles in Oct.

13 February 2019- Molson Coors Brewing Company executives think the company is “on track to be ready on day one” of the legalization of...

Pernod Ricard Looks Forward to 3 More Years of Accelerated Growth

11 February 2019 - Alexandre Ricard, CEO of Pernod Ricard, informed investors during a conference call on Friday that his company’s three year plan,...

Constellation Brands Makes Minority Investment in Craft Distiller

05 February 2019− Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it acquired a minority stake in craft...

Cott Sells its Soft Drink Concentrate Business and RCI International Division to Refresco

08 February 2019-  Cott Corporation (NYSE: COT; TSX:BCB) today announced the sale of its soft drink concentrate production business and its RCI International division...

Starbucks ‘Unlikely’ to be Overtaken in China by Luckin in 2019 – CEO

08 February 2019 - Starbucks Corp is unlikely to cede its leading position in China, the company's fastest-growing major market, to Chinese startup Luckin...

Corn Farmers Sour on Bud Light After Super Bowl Ad

04 February 2019 - Bud Light's advertisement about beer and corn syrup on Sunday night during the Super Bowl angered corn farmers and surprised...

Massimo Zanetti Beverage Group Acquires “The Bean Alliance”, Strengthens Its Presence in Australia

04 February 2019- Italian coffee company Massimo Zanetti Beverage Group’s Australian subsidiary has acquired the business and assets of “The Bean Alliance”, an Australian...

GreenSpace Brands Sells Rolling Meadow Dairy Brand to Agrifoods Cooperative Subsdiary

31 January 2019- GreenSpace Brands Inc. (TSXV:JTR) ("GreenSpace") and Agrifoods International Cooperative Ltd. ("Agrifoods") are pleased to announce the sale by Greenspace of the...

Barry Callebaut Completes Acquisition of Inforum in Russia

01 February 2019- The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, today announced that it has successfully closed...

Spirits Firm Diageo Hits New High as China Sales Surge

31 January 2019 - Diageo, the world's largest spirits company, beat half-year earnings and sales forecasts on stronger demand from China and India and...

Suedzucker to Close Two German Sugar Factories in Restructuring

31 January 2019 - Suedzucker, Europe's largest sugar refiner, said on Thursday it plans to close two German sugar production plants as part of a restructuring programme announced this week.

Lotte Confectionery Acquires Bakery Company L&M Mayson

31 January 2019- South Korean confectionery company Lotte Confectionery has announced it has acquired an 80% stake of Myanmar’s L&M Mayson for around EUR...

UK Competition Authority Clears PepsiCo Acquiring Pipers Crisps

31 January 2019- The UK competition authority has cleared the acquisition of Pipers Crisps to PepsiCo PepsiCo announced its intention to acquire crisps brand Pipers,...

The Coca-Cola Company Completes Acquisition of Chi Ltd. in Nigeria

30 January 2019- The Coca-Cola Company today announced that it has completed its acquisition of Chi Ltd. in Nigeria. Coca-Cola first announced a minority investment in Chi three years ago and, as planned, has now acquired full ownership of the company.

Kraft Heinz Completes Sale of Indian Brands Including Complan

30 January 2019- The Kraft Heinz Company today announced it has completed the sale of Indian brands Complan, Glucon-D, Nycil and Sampriti to Zydus Wellness Limited and its affiliates.

Danish Crown to Cut Over 300 Jobs, Primarily in Underperforming UK Unit

30 January 2019- Danish Crown has revealed that, as part of an effort to reduce costs by DKK 350 million in the current financial year, it will be cutting between 300 and 400 jobs across the company, primarily at its UK operation Tulip.

Pernod Stocks Drinks Cabinet to Prevent No-Deal Brexit Headache

30 January 2019 - Pernod Ricard has begun shipping extra stocks of some alcoholic drinks between Britain and continental Europe as part of its contingency plans in case of a no-deal Brexit.

Britain’s Leading Tea Brand Reveals Suppliers in Bid to End Worker Abuses

29 January 2019 - Britain's biggest tea brand has revealed details of its suppliers on Tuesday in a fast-growing campaign to break a "club...

“Next Generation Food Ingredients” Company Renewal Mill Secures USD 2.5 mln in Funding

30 January 2019- California based “next generation ingredient company” Renewal has secured USD 2.5 million in seed funding from HG Ventures. Renewal Mill, which...

“Next Generation Food Ingredients” Company Renewal Mill Secures USD 2.5 mln in Funding

30 January 2019- California based “next generation ingredient company” Renewal has secured USD 2.5 million in seed funding from HG Ventures. Renewal Mill, which upcycles the by-products of food manufacturing into ingredients and products, plans to use the funding to increase current production and expand into new market opportunities.

Domino’s Says Overseas Ops to Slice into Profit, Shares Dive

29 January 2019- Domino's Pizza on Tuesday warned a slowdown in overseas markets would dent its 2018 underlying pretax profit, sending shares in Britain's biggest pizza delivery firm down more than 10 percent, on course for their worst day in two years.

Kantar: The Surprising Source of FMCG Growth in China

29 January 2019- Young families in lower-tier cities are an increasingly important source of growth for the FMCG industry. For many brands, they are the make-or-break factor for their success in China. To win them over, brands need to understand what they're buying and, more importantly, why.

Zenabis Acquires 51% Stake in a Canadian Kombucha Maker

28 January 2019- Zenabis Global Inc. ("Zenabis") is pleased to announce that on January 22, 2019, Zenabis completed the acquisition of 51% of Hillsboro Corp Inc. ("True Buch").

HKScan Secures Deal with Chinese E-Commerce Company Alibaba

28 January 2019- HKScan has secured a contract with the Chinese e-commerce giant Alibaba to stock its Omega-3 Pork, the products will be available through Alibaba's grocery chain Hema.

HKSan Secures Deal with Chinese E-Commerce Company Alibaba

28 January 2019- HKScan has secured a contract with the Chinese e-commerce giant Alibaba to stock its Omega-3 Pork, the products will be available...

DAVOS-Nestle Chairman Defends Long-Term Strategy in Face of Shareholder Activist

25 January 2019- Nestle SA chairman Paul Bulcke said on Friday he would not pursue short-term efforts at the expense of long-term success, in the face of...

Nestle Chairman Defends Long-Term Strategy in Face of Shareholder Activist

25 January 2019 - Nestle SA chairman Paul Bulcke said on Friday he would not pursue short-term efforts at the expense of long-term success, in the face of scrutiny from shareholder activists who know how to "pressure-point you and tease."

Japan’s Asahi to Buy Fuller’s Beer Business

25 January 2019- Shares of Fuller, Smith & Turner jumped 21 percent after the British pub operator and brewer agreed to sell its beer business to Japan's Asahi for an enterprise value of 250 million pounds ($327 million).

Starbucks Q1 Consolidated Net Revenues Up 9%

25 January 2019- Starbucks Reports Q1 Fiscal 2019 Results * Q1 Consolidated Net Revenues Up 9% to Record $6.6 Billion * Q1 Comparable Store Sales Up...

Elev8 Brands, Inc. Acquires Blessed Bean Coffee, LLC

24 January 2019- Brands, Inc., a holding company (the "Company") focused on the commercial development of hemp and CBD-based products, is pleased to announce it has acquired Blessed Bean Coffee, LLC.

Mintel- Allergen Labelling Confusion: Just 37% of Brits Agree It’s Easy to Identify Which...

• 39% of allergy/intolerance sufferers who have bought /used free-from products would like to see a UK-wide allergen labelling system on free-from products.
• 48% of Brits say that they, or someone in their household, avoid at least one food/ingredient - although only 20% do so due to an allergy or intolerance.
• UK free-from market valued at £837 million in 2018, growing by 133% since 2013.

Big Brands Revisit the Milkman Model to Cut Plastic Pollution

24 January 2019- Major packaged goods sellers and retailers, under pressure to cut the flow of single-use plastic bottles and containers clogging the world's waterways, have teamed with recycling and shipping firms on an e-commerce service that puts a twist on the old-fashioned milkman.

Irish Nutrition Company Glanbia Stockpiling in UK Ahead of Brexit

24 January 2019- Irish nutrition company Glanbia has begun stockpiling products in Britain as it works on the assumption that Britain will leave the European Union without a withdrawal agreement, its chief executive said.

Milk Powder, Whey, Lactose and Casein Prices in Selected EU Countries and USA –...

10 January 2019 - Below are the latest monthly prices for food-grade whole milk powder (in the Netherlands, Belgium, France, Poland and Germany), skim...

Cargill CEO: ‘We Want to Remain a Private Company’; Acquisitions Likely in 2019

24 January 2019 - Talking with journalists at the World Economic Forum's annual meeting in Davos, Switzerland, Cargill CEO and Chairman David MacLennan stressed...

Nestle Opens New Bonjorno Coffee Factory in Egypt

23 January 2019- Nestle has opened its new USD 14 million Bonjorno coffee factory in Egypt. The 12,740 square meter factory includes 8 production...

American Pasteurization Company Acquires FreshCo Foods

23 January 2019- American Pasteurization Company (APC), a national leader in High Pressure Processing (HPP), has acquired FreshCo Foods, a Milwaukee-based, end-to-end co-manufacturer of...

Brazilian Poultry Firm BRF Aims to Restore Saudi Exports in Three Months

23 January 2019- - Brazilian poultry processor BRF said on Wednesday it expected to restore chicken exports to Saudi Arabia to previous levels in three months after one of its plants lost its certification to export to the Middle Eastern country.

From Bait to Plate: Blockchain Platform Tracks Food’s Journey

23 January 2019- With a scan of their smartphones, consumers can now track the journey of their fish meal to ensure it's a legal, ethical and sustainable product.

FrieslandCampina Opens New Distribution Centre in The Netherlands

23 January 2019- Dutch dairy company FrieslandCampina has opened a new distribution centre in Meppel, the Netherlands. The distribution centre will store and transfer dairy products coming from its production facilities in Beilen and Meppel for export to China, Hong Kong, Russia and Greece.

Bunge Names Gregory A. Heckman Acting Chief Executive Officer

January 22, 2019 – Bunge Limited, a leader in agriculture, food and ingredients, today announced that Board member Gregory A. Heckman, a seasoned agribusiness...

Illycaffe Could Broaden JAB Capsule Deal

22 January 2019 - Illycaffe could broaden its partnership with JAB Holding, Chairman Andrea Illy said on Tuesday, but ruled out the investment group taking a stake in the family-owned Italian premium coffee maker.

Glanbia Ireland and Royal A-Ware Partner to Build New EUR 140 mln Cheese Plant

22 January 2019- Dairy processor Glanbia Ireland and Dutch dairy producer Royal A-ware have announced a strategic partnership, jointly investing EUR 140 million to construct a cheese factory in Belview, Ireland.

Parabel and CK Ingredients Sign Distribution Agreement for LENTEIN Plant Protein in Canada

21 January 2019- Parabel USA Inc, producer of plant protein ingredients, today announced that it has finalized a Distribution Agreement with CK Ingredients, a supplier of innovative raw materials, for the commercialization of LENTEIN® plant protein for the nutraceutical sector in the Canadian market.

Bonduelle in Discussions to Acquire US Plant from Seneca Foods

22 January 2019- The Bonduelle Group announces they have entered into discussions with the American company Seneca Foods Corporation to acquire its plant in Lebanon (Pennsylvania, USA).

Parabel and CK Ingredients Sign Distribution Agreement for Plant Protein in Canada

21 January 2019- Parabel USA Inc, producer of plant protein ingredients, today announced that it has finalized a Distribution Agreement with CK Ingredients, a...