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HEINEKEN WILL USE PROCEEDS TO PAY DOWN DEBT

Crown says $1.22bn Heineken packaging buy will boost Mexico presence

Sol is a key brand for Heineken's Mexico subsidiary Cuauhtemoc Moctezuma (Adam Jones/Flickr)

Heineken plans to sell Crown Holdings its Mexican packaging business Empaque for $1.225bn to boost its balance sheet and focus its efforts on brewing and selling beer.

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News in brief

60-second interview: the day job

Veteran marine, paraplegic, and CEO: Derek Herrera; RuckPack

Derek Herrera signed on as CEO of US energy drink company RuckPack this month. He is a veteran Marine Special Operations Officer and paraplegic, who was injured taking an enemy bullet in the spine in 2012 while leading his team during combat operations in Afghanistan.

Edible food packaging, funny designs and unexpected materials

Tetra Pak: 5 Global Emerging Trends

Tetra Pak analysts Anna Larsson, Bettina Scatamachia and Kristina de Verdier look at five global emerging trends – and what this means for food packaging. 

‘No surprise’: RCT data supports Nawgan’s ability to boost alertness, attention and cognitive performance

Consuming Nawgan, the ‘alertness beverage’ containing citicoline and caffeine, can boost attention and alertness in young adults, according to results of a randomized clinical trial.

That’s the spirit: Diageo launches training course for unemployed

Diageo has launched a whisky retail training course for unemployed young people in Scotland this week, alongside youth employment charity, The Prince’s Trust. 

Australia

Researchers make progress in finding how wines make drinkers feel

Australia’s wine industry needs to turn to the perfume industry to learn how wines affect a consumer’s emotions, according to a researcher from Adelaide. 

Global Industry News

News in brief

Austin Beerworks launches ‘World first 99-pack’ beer from BeverageDaily.com

Austin Beerworks has launched a ‘99-pack for $99’ deal as part of a social media campaign to  relaunch its Peacemaker Beer, now called Peacemaker Anytime Ale, the very first beer the brewery ever made.

Huhtamäki Oyj acquires Interpac Packaging for $9m from FoodProductionDaily.com

Huhtamäki Oyj has acquired folded carton packaging manufacturer, Interpac Packaging in Auckland, New Zealand.

Czech Republic confiscates 110kg of Indian botanicals from NutraIngredients.com

Czech Customs authorities recently seized a shipment of Indian botanicals and have initiated proceedings against the importer, Haveli Foods.

10,000 new food and drink jobs on cards, says Bank of Scotland from FoodNavigator.com

Investment and growth in Scotland’s food and drink sector will see around 10,000 new jobs created in the region, according to a Bank of Scotland report just a month before the region is set to vote on independence from Britain.  

Spotlight

Treasury Wine Estates hints at possible US acquisitions

Treasury Wine Estates hints at possible US acquisitions

Troubled Australian wine group and takeover target Treasury Wine Estates wants to accelerate its high-value US business...

Portman Group panel tight-lipped after Diageo criticism

Portman Group panel tight-lipped after Diageo criticism

The UK’s Portman Group has declined to comment after Diageo criticized a decision by the alcohol-funded body’s...

Analyst savages Coca-Cola Amatil for ‘really poor company culture’

Analyst savages Coca-Cola Amatil for ‘really poor company culture’

Merrill Lynch analyst David Errington has savaged Coca-Cola Amatil’s former management – insisting that they ‘compromised the...

Nespresso sustainability Nestle The Positive Cup

Nespresso launches $550m sustainability strategy

Nespresso has launched a sustainability strategy, ‘The Positive Cup,’ which sets out the steps the company will...

Wells & Young's YAAC ASA advert Estrella beer lager

ASA clears Estrella TV advert

The ASA (Advertising Standards Authority, UK) has backed a TV advert from Wells & Young’s Brewing Company,...

California Napa Valley wine earthquake

Shaken not stirred: Earthquake hits California's wine region

Wine producers in California are assessing the damage after a magnitude 6.0 earthquake hit the region.