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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.

Coca-Cola Amatil enters spirits market

Australia's biggest soft drinks maker Coca-Cola Amatil has expanded its alcoholic beverages portfolio through a new agreement with premium spirits distributor Maxxium.

ABF blames profit drop on sugar shake-up

Associated British Foods (ABF) yesterday blamed a 21 per cent drop in operating profit on European sugar industry reform and significantly higher energy costs.

Depressed consumers hit beer sales, says S&N

Poor consumer confidence across Western Europe dented growth at UK brewer Scottish & Newcastle in the third quarter and is likely to continue into next year, worsened by a pub...

Jungbunzlauer increases ingredients prices globally

Citric acid leader Jungbunzlauer has jumped on the price hike bandwagon, announcing last week that it is to up the stake on citric acid, GdL and xantham gum in all...

Coca-Cola, Nestlé scale down drinks venture

Coca-Cola and Nestlé will limit their joint venture group to black tea drinks, allowing the two giants to revitalise their position in this sector and compete openly on other fast-growing...

Vitality focus lifts Unilever drinks

An improved focus on health and wellness helped Unilever to recover lost ground in the UK during the third quarter, with new drinks launches helping to drive success.

Tate & Lyle hails 'excellent' ingredients performance

Tate & Lyle's unaudited interim results have given the firm reason to be confident that stronger growth can be expected in the near future.

Danisco raises US prices for brewing enzymes

Danish group Danisco has become the latest in a string of ingredients firms to pass on increased raw material and energy costs to the market, announcing today that it is...

Rexam opens PET bottle sale

International packaging group Rexam will look to sell its PET bottle facilities in Central and Eastern Europe as part of its plans to focus on more globally recognised products like...

Emerging markets maintain Coca-Cola momentum

Emerging markets and a hot summer in Europe helped Coca-Cola to pick up momentum in the third quarter, buying it time to address problems in Japan and North America.

San Miguel enters Thai fruit juice market

San Miguel, the Philippines-based food and beverage conglomerate, has entered the Thai fruit juice market with the launch of the Berri brand.

Nestlé enjoys strong organic growth

Nestlé today said sales are up 9.1 per cent to CHF72.2bn (€45.4bn) in the first eight months of this year compared to the same period in 2005.

PepsiCo spurred on by healthier drinks

PepsiCo's new wave of healthier soft drinks, including Gatorade and Aquafina, helped the group to shrug off declines in its trademark Pepsi cola to increase sales by 13 per cent...

SABMiller survives US beer slip

More disappointment in the mainstream US beer sector was offset by the World Cup effect in Europe and continued gains in emerging markets, brewer SABMiller has announced.

Diageo overhauls Asia supply chain

Diageo, the maker of Johnnie Walker whiskey and Guinness stout, has opened a S$13 million (6.54m) logistics hub in Singapore to cut the time it takes for its alcoholic drinks...

Coffee prices stabilise after months of increases

Coffee prices stabilised in September after two months of marked price increases, according to the International Coffee Organisation (ICO).

ADM strengthens position in global malt market

ADM's purchase of French firm Lesaffre's 50 per cent interest in International Malting Company (IMC) strengthens the ingredient giant's position in the global malt business.

Tough UK wine sector spoils the Constellation party

Fierce competition and higher taxes in the UK took the shine off another wine sales increase for Constellation Brands in its second quarter.

Permira holds fire on Britvic bid

Private equity group Permira denied it was about to unveil a bid to buy Britain's biggest soft drinks group, Britvic, following two days of heavy speculation.

Still drinks help Britvic stop the rot

Non-carbonated drinks and a hot summer have helped Britvic to pull back ground in the third quarter, as the group hints at further moves into juice and water.

European Court upholds fines for citric acid cartel

The European Court of First Instance confirmed this week that Jungbunzlauer (JBL) and Archer Daniels Midland Company (ADM) engaged in an illegal citric acid price fixing cartel, and has as...

Pernod Ricard shows high spirits

Premium spirits brands have kept Pernod Ricard moving forward over the last year, offsetting difficulties in Europe to lift the group's organic sales by seven per cent.

Danone signs Danish bottled water deal

Danone has signed a deal to buy 49 per cent of Danish bottled water company Aqua d'or, in an attempt to improve the group's position in an increasingly competitive bottled...

Coffee prices hit record high

The coffee market was very volatile during the month of August, particularly with the explosion in Robusta prices, according to ICO executive director Nestor Osorio.

C&C invests to handle soaring cider demand

Rapid growth for the Magners cider brand has prompted its maker, C&C Group, to announce it will spend €200m to double production capacity for the drink within 18 months.