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Latest news beverage manufacturers brands Coke, PepsiCo, Heineken, Diageo, AB InBev

Manufacturers

From financial wheeling and dealing and M&A to action on sustainability and climate change - keep tabs on the major market players including Coke, PepsiCo, SABMiller, Diageo and Monster Energy.

EU scrutinises Mondelez-Douwe Egberts Master Blenders coffee deal

The European Commission has opened an in-depth investigation of Mondelez International’s proposed $5bn joint venture with competitor coffee firm Douwe Egberts Master Blenders 1753.

News in brief

Wessanen to acquire Abafoods for €52m

Dutch food company Wessanen has agreed to acquire Italian organic drinks company Abafoods for €52m, the company has said.

Division encompasses Quaker, Tropicana and Gatorade

PepsiCo cuts about 100 employees from Chicago's North America Nutrition team

PepsiCo has cut about 100 employees from its Chicago, Illinois office, home to the company’s North America Nutrition division, which handles the Gatorade, Quaker, and Tropicana brand lines.

‘Our competitors are neither young, nor from emerging nations’: AJE Group on BIG Cola's USP

BIG Cola insists global brands don’t need a presence in the US or Europe as it says it competes with the likes of Coke and Pepsi by 'democratizing consumption' with...

PREMIUM WATERS 2014, ZENITH INTERNATIONAL, DUBAI, DECEMBER 8-9

Agthia Group: Water faces challenge to dethrone CSDs as UAE’s ‘natural rehydrator’

Abu Dhabi-based food and beverage giant Agthia Group says the bottled waters industry faces a challenge to persuade UAE consumers to swop soft drinks for water as a ‘natural rehydrator’.

Troubled soft drinks giant Coca-Cola Amatil axes 260 Aussie jobs

Coca-Cola Amatil said today it plans to cut 260 jobs as part of AUD $100m cost-cutting campaign aimed at boosting profitability in its struggling Australian soft drinks business.

Brown-Forman seeks Jack Daniel’s Tennessee Fire not ‘flash in pan’ with US-wide launch

Brown-Forman will launch cinnamon-flavored bourbon Jack Daniels Tennessee Fire across the US in 2015 and says it is working hard to ensure such flavor line extensions aren’t simply a ‘flash...

EDITOR'S OPINION: DEAR DAIRY....

Coca-Cola's milk splash miss: Pin-up posters were great!

Coca-Cola milk brand Fairlife has come under fire for its 'sexist' Milky Pin-Ups advertising campaign. Are the posters offensive? Or necessary to distance Fairlife from ordinary milk?

Corporate finance expert: 'We’re seeing a widespread rejection of traditional foods and brands and it’s leading to a seismic shift in some categories'

While it used to take years for a food & beverage start-up to build a national presence, the explosive growth of brands such as Suja Juice and Way Better Snacks...

Birch tree water brand Sibberi promises first UK launch in December 2014

Sibberi tells BeverageDaily.com it has plans to launch the first UK-based birch water brand online in December 2014 and says preservation difficulties have slowed the segment’s take-off to date.

Danone, PepsiCo rubbish Russian Minister's dairy adulteration claims

Danone and PepsiCo have countered claims by the Russian Minister of Agriculture that dairy products they manufacture in the country are adulterated.

CEO ALAN CLARK INSISTS SOFT DRINKS CENTRAL TO SAB GROWTH STRATEGY

SAB Miller sells Appletiser to Coke in $260m deal as firms ink Africa bottling mega merger

The Coca-Cola Company and SAB Miller have inked a deal to combine their non-alcoholic bottling operations in Southern and East Africa into a $2.9bn turnover business that will accelerate sales...

MONTHER T. AL HARTHI, CEO, CHATS WITH BEVERAGEDAILY.COM

Saudi Arabia beverage giant Al Rabie reveals global growth ambition

The CEO of Saudi Arabian food and beverage giant Al Rabie Saudi Foods tells BeverageDaily.com that the company is keen to expand beyond its powerbase in MENA to the Europe...

Cost-cutting Britvic exceeds 2014 profits forecast

British soft drinks giant Britvic has exceeded its 2014 forecast with a 18% increase in full-year operating profit. 

Double-the-price US premium Fairlife milk brand will ‘rain money’: Coca-Cola

Coca-Cola is confident its premium Fairlife milk brand, due to launch across the US next month, will "rain money" once established in the market.

Europe Glass EBITDA for the quarter decreased by 1%

Ardagh third quarter results sees ‘sluggish’ beer category

Ardagh Group has released its 2014 third quarter results reporting revenue of €1,311, an increase of 16% compared to 2013, claiming growth in other market sectors ‘offset continued sluggishness in the beer sector’.

ChaiElixir CEO: We’re a sparkling chai tea beverage; there is really nothing like this on the market

If you don’t like taking risks, don’t go into the beverage industry, says the founder of ChaiElixir, an Oklahoma City based start-up selling sparkling tea. “A significant portion of new...

Sidel: ‘To lightweight or not to lightweight’

Lightweighting bottles are not always the best option when it comes to manufacturing packaging for different countries according to Sidel.

Arla Foods to 'extend the footprint' of Cocio dairy drink brand in UK

Arla Foods plans to introduce additional variations of its Danish dairy drink range Cocio in the UK in coming years.

BEN WEISS PREDICTS 'BIG YEAR FOR BAI' IN 2015

Bai Brands CEO: ‘Sales will hit $50m in 2014, but there were ‘unsexy’ years’

Bai Brands CEO Ben Weiss says the Dr Pepper allied brand will hit $50m in sales this year and puts this down to a focus on ‘distribution at the expense...

PepsiCo road testing Doritos-flavored Mountain Dew soda in US

Nacho cheese Doritos-flavored Mountain Dew soda - a taste combination dubbed 'Dewitos' - is being road tested by PepsiCo at colleges across the US.

Samuel Adams beer boss Jim Koch: ‘Germany's Reinheitsgebot becoming like artistic censorship’

The Boston Beer Company founder and Samuel Adams brewer Jim Koch has compared Germany beer purity law Reinheitsgebot to artistic censorship and suggests it is stifling innovation in the nation’s beer...

Based on benefits of D-ribose, new RTD tea line intends to break into energy sector

John Gagliardi let his experience as a college and professional lacrosse player guide his choices when it came to formulating his new energy beverage company.  Called Titan Tea, the product...

Coca-Cola Hellenic keen to take Monster Energy to ‘big markets’ like Russia

Coca-Cola Hellenic’s CEO says the firm is keen to take Monster Energy into new markets, as its lackluster performance in developed markets led by Italy hit summer soda sales. ...

Glanbia launches UHT milk in China under Irish Avonmore brand

Irish dairy giant Glanbia has launched a long-life version of Ireland’s number one milk, Avonmore, in China.