Coca-Cola Amatil (CCA) has agreed to sell its stake in the Pacific Beverages joint venture to its partner SAB Miller if the latter acquires Foster’s.
SAB Miller is likely to go higher to secure the purchase of Foster’s, but with the Australian beer market in decline, analysts have questioned the potential value of a tie-up....
SAB Miller has promised to continue negotiations with the Foster’s board after its $10bn takeover bid was rejected.
A year after natural ingredients supplier Wild announced plans to go public, CEO Michael Ponder explained what an IPO can do for the company and what will determine its timing.
Diageo has dramatically upped efficiency and production in parallel with a £105m investment programme at its Cameronbridge distillery, which makes leading Scotch whisky and white spirit brands.
A new report into the role of brewery sponsorship of community and public events could help the industry fight against potential legislative threats, according to The Brewers of Europe.
A dry spring in much of Europe has sent malting barley prices shooting upwards – adding to the woes of brewers already under pressure from weak beer demand, according to analysts.
Smoothie manufacturer Innocent insists it remains committed to its charitable partners after a media report today claimed it had donated nothing to its principal foundation since 2008.
AG Barr, the Scottish manufacturer of Irn-Bru, has reported a 6.3 per cent increase in sales revenue in the latest quarter despite higher promotion spending from rivals.
Double-digit growth in the beverage, savory and confectionery sectors helped International Flavors & Fragrances to achieve revenue of $714m in the first quarter of this year; nine per cent up...
The head of Carlsberg has downplayed a proposed ban on PET beer bottles in Russia, adding that he thinks it is not likely to become law.
Nestle Waters has agreed to buy Sweet Leaf Tea after investing $15.6m in the Texas-based iced tea company in 2009.
Spirits rivals Diageo and Pernod Ricard are toasting a successful start to 2011, having beaten market expectations for the first three months of the year.
Higher prices have helped AB InBev post a 5.6 per cent increase in quarterly revenue despite bad weather in Brazil and persistent unemployment in the US.
The European Commission has approved the merger of Citrovita and Citrosuco - two orange juice businesses that together process 40 per cent of the orange juice from Brazil.
Investors in Foster’s have voted overwhelmingly for a wine and beer demerger that analysts say could spark off a round of M&A bidding.
PepsiCo has beaten analyst expectations for first quarter profits but Morning Star analyst Philip Gorham believes that in beverages Coca-Cola is recovering better from the recession.
Coca-Cola has put a figure on the likely impact on its finances of the earthquake and tsunami in Japan after publishing first quarter results that fell slightly below Wall Street...
Speculative demand has pushed coffee prices up through the $3 a pound barrier, taking them to their highest level for over 30 years.
India’s regulatory authorities have issued a final demand for beer brewing giant SABMiller to pay a $39.5m (£24m) tax bill following its acquisition of Australian brewer Fosters’ assets in the...
SABMiller subsidiary Southern Sudan Beverages (SSBL) is investing $15m to expand production capacity at its two-year old brewery in Juba.
SABMiller has increased its medium term guidance for its Africa division following significant capital investment in 2009 and 2010.
Asahi’s proposed acquisition of P&N Beverages has met with opposition from Australian regulators, which are eager to maintain competition in the country’s highly concentrated soft drink market. ...
Persistently high unemployment rates in the US and heavy rains in Brazil are expected to dampen AB InBev volumes at the start of 2011.
Coffee commodity prices are edging towards highs that were last seen in 1977 as carry over stock from last season runs low.