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Ardagh Glass workers to strike over pay

Workers at Ardagh Glass, which made $102m in pre-tax profits last year, have rejected a 5.5% two-year pay deal and will go on strike.

SOLD! GSK exits drinks market

Glaxo sells Lucozade and Ribena to Suntory for £1.35bn cash

Ever-expanding Japanese beverage behemoth, Suntory, is the new owner of Lucozade and Ribena, which GlaxoSmithKline (GSK) has sold for £1.35bn (€1.6bn/$2.11bn) as it admits defeat in its internationalisation plans and...

DPS defends Dr Pepper TEN as analyst warns of distribution declines

Dr Pepper TEN risks sharing the fate of ‘countless other’ product extensions’ that fail to cut it as independent brands, given declining distribution in the US C-store channel, one analyst...

News in brief

SAB Miller chair Mackay returns to work after illness

SAB Miller chairman Graham Mackay has returned to week following successful treatment for a brain tumor.

Big brand sale

UPDATE: Suntory will buy Lucozade and Ribena for ‘sum close to £1bn’; brands won’t work in Asia, says analyst

Sources close to GlaxoSmithKline have confirmed that the sale of its iconic Lucozade and Ribena brands to expanding Japanese beverage giant, Suntory, will proceed for a sum closer to initial...

BREAKING NEWS

Unilever plays 'price piano', buys Australia premium tea business T2

Unilever has signed an agreement to acquire Australian tea firm T2 citing the firm’s double-digit growth and significant potential, and says the deal will add a premium tea business to...

High-end bourbon swing puts spring in Jim Beam’s step

Beam Inc. CEO Matt Shattock is excited by premiumization within the fast-growing bourbon category that will net higher profits for key brands including ‘name on the door’ Jim Beam.

Mountain Dew Kickstart generated more than $100m in first year, says PepsiCo

PepsiCo’s new energizing juice drink Mountain Dew Kickstart has generated more than $100m in sales in its first year, bosses at PepsiCo revealed yesterday.

‘Never say never’: Coca-Cola Enterprises boss on life beyond beverages

Coca-Cola Enterprises’ CEO says a franchise agreement with Coke prevents rival launches products in the non-alcoholic RTD category, but nothing stops it launching drinks in other sectors.

The Lipton Factor: Unilever spend doubles size of Tanzania tea business

Unilever is partnering the Tanzanian Government to reinvigorate the tea industry and ‘at least double’ its tea output in the country, where the leaves are used for top brands Lipton...

Energy… minus the caffeine? PepsiCo explores Chinese herbal extracts for fatigue relief, patent application reveals

PepsiCo is exploring the potential of natural energy drinks containing Chinese herbal extracts that can alleviate fatigue and enhance sports performance without a big dose of caffeine, a patent application...

Coca-Cola FEMSA inks blockbuster Brazil deal for $1.86bn

Coca-Cola FEMSA has inked a deal to acquire Brazil’s second-largest privately owned Coke bottler in an eye-watering $1.86bn cash deal and says the deal is a ‘perfect geographic fit’

Tangerine and Rose Holdings license Sunkist confectionery

UK firms Tangerine Confectionery and Rose Holdings have each been granted licenses to produce soft-drink brand Sunkist in confectionery form.

Pernod Ricard's Scotch whisky woe: ‘Ballantine’s is struggling…a bit’

Pernod Ricard executives admit that Top 13 brand Ballantine’s is struggling as the firm suffers from a global Scotch whisky slowdown across its business.

Dairy mineral fortification boosts ultra-filtrated liquid dairy flavor, says Kraft patent

US dairy giant Kraft Foods has moved to patent the use of dairy minerals, such as calcium, sodium and potassium, to enhance the effected "dairy flavor" of four ultra-filtrated liquid...

Diageo teams up with drinks rivals for water efficiency fight

Diageo says that collaborations with the likes of SAB Miller, Heineken and Coke are helping the beverage industry lessen its impact in water-stressed regions worldwide.

‘Drink up thy zyder!’ Carlsberg hard cider brand Somersby grows 85%

Carlsberg brand Somersby grew volumes 85% in H1 2013 with the hard cider performing especially well in the UK and Poland.

News in brief

GSK reshapes Lucozade and Ribena as standalone business

GlaxoSmithKline (GSK) is restructuring its GB and Ireland consumer healthcare business with Ribena and Lucozade consolidated as a separate business under new management ahead of a sale.

‘Heineken cannot compete with US craft beer phenomenon’: CEO

Heineken CEO Jean-François Van Boxmeer says the company’s flagship brand cannot directly compete with a craft beer sector that has hogged US beer growth over the past decade.

GEA: ‘Revolutionary’ mixing tech marks juice processing step change

GEA Liquid Processing claims its Inline Formula machine marks a mixing technology ‘step change’ and believes juice and carbonated water manufacturers are missing significant cost savings.

News in brief

Carlsberg beer taps risk running dry in Denmark

Danish bars reportedly risk running short of Carlsberg draught beer due to a strike at a brewery in the country according to Bloomberg.

Coca-Cola Amatil sees ‘very positive’ prospects in Indonesia

Coca-Cola Amatil (CCA) is growing strongly in Indonesia and will invest heavily in 2013 with new infrastructure, products and pack sizes.

News in brief

Kraft Foods in $35m production expansion

Kraft Foods has invested $35m to expand a production facility in the US, creating 45 jobs.

News in brief

Coca-Cola unveils ad reassuring consumers about the safety of artificial sweeteners

Coca-Cola has launched a new ad reassuring consumers that artificial high intensity sweeteners are safe alternatives to sugar.

ALCOHOLIC DRINKS GIANT INSISTS IT CAN STILL HIT 2015 GOAL

Diageo falls short in 2013 against wastewater polluting power target

Johnnie Walker distiller Diageo admits that it fell off-track in 2013 against a 2015 target to cut the polluting power of wastewater by 60% but insists it is still on...

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