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Cost control and brand focus keeps LVMH ahead of the rest

A tight focus on core wine and spirit brands helped French luxury goods group LVMH combat the persistent effects of adverse currency exchange rates in 2003.

Interbrew, AmBev update

Interbrew the world's fourth largest brewer has confirmed that it is undergoing talks with AmBev. Industry observers claim that the talks could lead to a merger - thus creating the...

Coke bottling relations investigated

US federal investigators are investigating Coca-Cola's dealings with Japanese company Takasago International in connection with allegations of channel stuffing. It is alleged that the beverage giant overstated financial results for...

Interbrew and Brazilian brewer confirm talks

Following speculation in the Brazilian press, Interbrew the European beer giant has stated that it is currently undergoing talks with the Brazilian brewer AmBev.

Carlsberg plans debt reduction

Beer giant Carlsberg plans to reduce debt before completing further acquisitions. The company has said that after the debt is better managed investment in the Balkans and in China may...

Brussels brewer renews Australian contract

Belgium based brewers Interbrew, and Carlton and United Breweries (CUB), have signed a distribution agreement which enables CUB to import, distribute and market Interbrew's global specialty brands - Leffe and...

Currency hinders Heineken's search for growth

Heineken reported strong sales growth last year, driven by acquisitions, but impaired profitability as currency movements took their toll.

Baltic still dominant in 2003

Baltic Beverages Holding has revealed its full year 2003 and fourth quarter results, showing the company has continued to maintain its growth in the maturing beer market.

Scottish and Newcastle invests in Ukraine

Baltic Beverage Holding (BBH), the Russian company that is jointly owned by S&N and Carlsberg, is planning to invest £34.2 (€50m) million in the Ukraine in a move that is...

Bidders line up for Polish vodka maker

The race to buy up Poland's largest vodka producer is on, with three prominent business figures in line to bid for Polmos Bialystok.

Barr sees solid performance

AG Barr, the Glasgow-based manufacturer of soft drinks, including the Irn-Bru, Tizer and Orangina brands, said that it is expecting to end fiscal 2003 on a high, helped by the...

Asconi invests as wine business grows

Asconi , one of the largest eastern European producers of wines and spirits, is to buy new grape processing and winemaking equipment for its Puhoi winery to help it meet growing...

Profits look up for cranberry group

Back from a plunge in revenues last year, US cranberry processor Northland Cranberries saw profits bounce back in the first quarter of 2004.

Cargill enters European flavour scene

Competition in European flavours heated up this week as Cargill, the largest private company in the US, signed on the dotted line for UK flavours group The Duckworth Group (TDG).

eSkye targets smaller players with software acquisition

eSkye Solutions, the US-based provider of specialised software for the beverage industry, has this week acquired compatriot Blend Winery Software (BWS), adding a number of major wine producers to its...

Oeneo results in line with expectations

Last year was a tough one for French closures and barrels group Oeneo , formerly known as Sabaté Diosos. But the company ended the year with results in line with expectations...

Irish dairy wins Baileys contract

Lakeland Dairies, Ireland's fourth largest dairy processor, has won a contract to supply cream for the production of Baileys.

Ebro in malt venture

Azucarera Ebro, the Spanish food group, and its compatriot Intermalta, a malt producer, have created a new company called Maltacarrion which will specialise in the production of malt for the...

Demand for suppliers

Coca-Cola and Pepsi's worldwide dominance of the soft drinks industry relies on an efficient and reliable global supply network. While Coke has been busy awarding its best suppliers, Pepsi has...

Castel invests in Russian drinks business

French beverage group Castel is clearly confident of future growth in Russia and the CIS. The company recently announced that it is to invest heavily in BIH Brasseries Internationales Holding...

Brewing potential in China

Japanese brewing giant Asahi is the latest foreign company to try and crack the Chinese beverage market. The firm has teamed up with Japanese trade firm Itochu and leading Chinese...

Packaging partnership formed

Norwegian packaging firm Elopak is confident that the recently completed partnership agreement with Dutch company Variopak will reinforce the group's position within the European liquid food packaging market. This sector...

Not a barrel of laughs

Seguin Moreau, the cooperage business which belongs to French closures company Oeneo (formerly known as Sabaté Diosos), has unveiled a major new strategy to help it cope with the changing...

Carlsberg ups Polish interest

Carlsberg Breweries has again increased its shareholding in thePolish brewer Carlsberg Okocim through the acquisition of a further 6 per cent of its share capital.

S&P downgrades WBD

Following its failure to attract investment from French food giant Danone, Russian dairy and juice producer Wimm-Bill-Dann has had its Standard & Poor's rating downgraded from stable to negative. S&P...