SUBSCRIBE

Breaking News on Beverage Technology & Markets

News > Manufacturers

Balloting threatens Coca-Cola summer fizz

Coca-Cola faces serious disruption to one of its major European bottling plants as workers threaten a series of 24-hour strikes during the busy summer period.

Remy Cointreau restructuring plan pays dividends

Remy Cointreau today posted a 3.8 per cent organic growth in turnover to €785.9m for the financial year ended 31 March as the company's ongoing reorganisation begins to be felt.

Danisco blames revenue dip on EU sugar reform

Danisco suffered a 3 per cent drop in revenue in the 12 months to 30 April, blaming the fall on the EU's decision to cut subsidies for sugar.

Absolut maker up for grabs in Swedish shake up

Vin & Spirit (V&S), manufacturer of Absolut vodka, is up for sale, following a vote yesterday by the Swedish parliament to sell of some of the country's state-owned firms. ...

Cadbury Schweppes unwraps its confectionary strategies

Following talks in London today, Cadbury Schweppes has officially announced its new confectionery strategies, to be implemented following the separation of its drink division, Americas Beverages.

Heineken eyes regional growth with Czech purchase

Heineken has further extended its presence within the burgeoning beer markets of Central and Eastern Europe with its latest acquisition in the Czech Republic.

Cadbury US beverage sale expected soon

A proposed 7.5bn sell off of Cadbury Schweppes US beverage operations could be imminent, according to press reports in the UK.

Ukraine acquisition steps up PepsiCo regional focus

PepsiCo is to step up its presence in the burgeoning Eastern European soft drinks market by acquiring an 80 per cent stake in one of Ukraine's leading juice producers.

Rexam to buy Owens-Illinois plastics division

Rexam, the world's top maker of drink cans, said today it will buy the plastics plastics division of Owens-Illinois for US$1,565m (€1,170m) in cash.

Buzz over Bud defies US beer malaise

Anheuser-Busch, brewer of Budweiser, could be set for an operational shake up as rivals and investment firms target it for a possible acquisition.

Heineken to fight back in EU cartel dispute

Heineken has appealed to the public in fighting against a €219m fine imposed by the EU for breaching the bloc's competition laws.

V&S targets China for strong spirit growth

China's spirits industry continues to entice some of the world's leading beverage groups with Sweden's V&S group becoming the latest multinational to tap the market through a new joint venture....

Food and drink prices on the rise

Prices for food and drink have risen sharply in the UK over the last year, in a sign that higher input costs are increasingly being passed down the supply chain.

Novozymes centralises procurement to free R&D funds

Novozymes is centralising its procurement facility in a bid to ensure transparency and consistency, and make savings that it plans to plough into more research and development.

Coca-Cola to pay $4.1bn for health-drinks maker

Coca-Cola will pay $4.1bn (€3.05bn) to acquire Glacéau and its full range of health-based water brands, including Vitaminwater.

MEPs flatten alcohol tax plan

Plans to raise minimum excise tax on beer and spirits in the EU came to a standstill this week, after a hammer blow from the European Parliament.

Food and industrial ingredients drive Tate & Lyle growth

Tate & Lyle has reported a strong full year 2007, the third consecutive year of sales growth and a key one for repositioning towards value added ingredients. But despite this,...

Britvic back on the growth track

Soft drinks maker Britvic had sales of carbonated and still soft drinks ahead of the UK market in its first half, an encouraging sign for the industry's prospects.

Private equity rumours stalk Cadbury drinks

A swarm of private equity firms is set to form consortiums to bid for the US beverages arm of Cadbury Schweppes, according to a report.

Moet Hennesy hopes to lift Chinese spirits

Moët Hennesy has acquired a majority stake in Chinese group Wen Jun Distillery as it moves to expand its global premium spirits and wine brands range.

Britvic buys into Ireland

UK soft drinks maker Britvic stepped up its expansion overseas after signing a deal buy to the soft drinks arm of Ireland's C&C Group.

Magners cider eyeing Europe expansion

C&C Group, the Irish owner of Magners cider, said it is looking to expand the brand in mainland Europe after breakthrough success in the UK last year.

San Miguel expands partner strategy

Brewer San Miguel plans to list its domestic beer and global packaging operations on the Philippines stock exchange in a move to court more investment in the company.

EU customs agreement to cut out the paperwork

A new EU customs agreement in the making will cut out the paperwork and reduce the costs of importing and exporting goods, according to officials.

Alcoa makes bid for Alcan

Alcoa today announced $33bn (€24bn) hostile bid for Alcan in a move to consolidate two of the world's largest aluminium suppliers to the beverage and packing industries.

Key Industry Events

 

Access all events listing

Our events, Events from partners...