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Unique Welsh whisky distiller targets global growth

The only whisky producer in Wales - whose first single malt was launched by Prince Charles in 2004 - is installing three new stills to more than triple its capacity...

News in brief

Molinari hopes Russia distribution deal will add zest to Limoncello

Italian spirits producer Molinari believes a new distribution deal will accelerate Russian sales of liqueur brand Limoncello di Capri.

Unite claims victory in Molson Coors dispute

Strike action has been averted at Molson Coors' Burton-on-Trent brewery in an eleventh hour pay deal, with union Unite claiming victory for spearheading the campaign.

AB InBev defends Budweiser Black Crown against analyst succession doubts

Anheuser-Busch InBev CEO Carlos Brito insists to analysts that US line extension Budweiser Black Crown ‘is delivering on its promises’, and says he is encouraged by flat core Budweiser brand...

Quaker shifts away from cereal with Jamba Juice partnership

PepsiCo’s Quaker brand sees potential in oats beyond breakfast and has struck a deal with smoothie retailer Jamba Juice.

Diageo desperate to ‘crack code’ for North American beer

Diageo CEO Ivan Menezes warns that the firm’s beer innovations in North America over the last year have failed and that it needs to ‘crack the code’ for brands such...

C&C calms investor disquiet as Angry Orchard steals US cider sales lead

C&C Group has moved to reassure investors after rival brand Angry Orchard Hard Apple Cider overtook its own brand Woodchuck as US market leader in June.

EXCLUSIVE INFOGRAPHICS

Dr Pepper ‘very concerned’ by US diet soft drinks sales decline

Dr Pepper Snapple (DPS) CEO Larry Young says the firm is very concerned by US sales declines in diet sodas and the company’s below average performance in that category.

HUGH JOHNSTON FLATLY REJECTS PELTZ PLAN

$80bn Mondelez snacks splurge ‘too risky’ for PepsiCo – CFO

PepsiCo CFO Hugh Johnston says the firm is not interested in buying Mondelez for a premium price of $80bn due to integration risks and dubious value for his firm’s shareholders....

News in brief

‘Fancy a cuppa Lipton?’ Unilever refreshed by tea time

One City analyst is encouraged by Unilever’s ability to improve margins in its less profitable refreshment business despite poor US weather with ‘signs of encouraging growth in tea’ globally.

SPIRITS GIANT ANNOUNCES 'NEW STRATEGIC DIRECTION'

Suntory cans Magners cider in Australia after brand sales slump

Suntory Australia is taking a ‘new strategic direction’ by focusing on its premium spirits and liqueurs brands and exiting a distribution deal with C&C Group for Magners cider, as the...

Mondelez buy could fizz Pepsi's flat soda sales, says investor

PepsiCo should acquire Mondelez and split its beverage and snacks businesses, according to an investor with a large stake in both firms.

SAB Miller JV MD wants 30%+ market share in China

The head of SAB Miller’s JV in China says the firm should be gunning for a 30%+ beer market share as it seeks to consolidate its position as market leader,...

Coke CEO ‘not happy’ with weak Q2 2013 performance

The Coca-Cola Company CEO Muhtar Kent says the company is not happy with its Q2 performance and blamed lower volume sales on global economic weaknesses and unusually poor weather.

Analyst fears for long-term health of PepsiCo beverages business

A top financial analyst is skeptical about the long-term viability of PepsiCo’s new ‘hybrid everyday value’ US pricing structure given Coke’s apparent bid to ‘aggressively out-promote’ the strategy.

‘You can’t get the US wine business right. Sell it!’ Analyst tells Treasury Wine Estates CEO

Treasury Wine Estates said yesterday it will spend $147m destroying wine destined for the growing US market after admitting ‘over ambitious’ sales forecasting for fiscal year 2014.

LARS JENSEN, CFO, ROYAL UNIBREW

INDUSTRY VOICES: Royal Unibrew CFO hails ‘transformational’ $612m Hartwall takeover

As Royal-Unibrew inked a deal with Heineken last Thursday to buy Finnish drinks firm Hartwall for $470m (€612m), the Danish firm’s CFO Lars Jensen discusses the rationale for a ‘transformational’...

BREAKING NEWS

Could AG Barr spring shock bid for GSK brands Ribena and Lucozade?

Reports suggest UK soft drinks firm AG Barr could mount a £1bn+ bid for GlaxoSmithKline (GSK) brands Lucozade and Ribena, with support from private equity.

BREAKING NEWS

'Missed Opportunity'? Britvic rejects new AG Barr merger offer

Britvic's decision to reject a revised merger offer by AG Barr is a 'missed opportunity' according to one City analyst, who nonetheless describes the move as an opportunistic gambit by...

Maple water: The new coconut water?

Coconut water has a new competitor. Maple water, a beverage consisting of the raw sap from sugar maple trees, has made its Canadian market debut in Quebec and British Columbia,...

Heineken agrees $612m sale of Finnish business Hartwall

Heineken has agreed to sell its Finnish 'multi-beverage' business Hartwall to Danish Royal Unibrew for €470m and the two brewers will extend a licensing agreement allowing the latter to brew...

Biothera puts Wellmune immunity ingredient into straws meant for milk

Biothera has placed its Wellmune WGP immune health ingredient into another market with the release of Unistraw Tubulars Immunity Straws. The straws are meant for use with milk and feature a...

Spadel acquires Nestlé Waters France Carola water

Spadel Group has signed an agreement with mineral water company Eaux Minérales de Ribeauvillé (EMR), owner of the Carola mineral water brand.

Nestlé's massive new $238m Vietnam coffee factory meets local demand

Nestlé says its newly opened $238m soluble coffee factory in Vietnam will meet growing demand in the region, and will allow it to better adapt products to local preferences.

Nestlé looking to double liquid beverage capacity through new KL plant

Nestlé Malaysia has broken ground on a new plant on the outskirts of Kuala Lumpur that it expects will double its local ready-to-drink production capacity by the time it opens...

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