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Foster’s Group was ‘undermanaged’ for number of years – SAB Miller CFO

SAB Miller CFO Jamie Wilson admits that the firm has suffered volume declines with Foster’s Group in Australia and is not regaining share, but claims that the takeover was never...

UK food park continues development

The UK's Southglade food park is expanding further thanks to a fresh injection of cash from a local council, despite the current challenging economic environment.


GEA TDS technology promises ‘drastic’ beverage deaeration savings

GEA TDS tells that its new beverage deaeration technology for beverages and milks can help manufacturers achieve ‘drastic savings’ in terms of steam, water, energy and thus money.

Russia driving European beverage can growth - Rexam

Russia has returned to beverage can growth in Q3 after legislation relating to kiosk beer sales returned certainty to the consumer, according to Rexam.

Pepsi blesses Barr Britvic Soft Drinks birth

AG Barr and Britvic insist on the ‘compelling commercial and industrial logic’ of an all-share merger to create one of the top soft drinks companies in Europe with a turnover...

Reynolds results positive but reflect weak Europe

Reynolds Group has reported a total group revenue and gross profit rise, but said weak European demand affected all of its business segments.

Diageo snaps up majority stake in United Spirits for $2bn

Diageo has reached a £1.28bn ($2.04bn) deal for a 53.4% controlling stake in Indian-based United Spirits group, a decade after exiting the country’s market.

'Great disappointment' for Krones as fraud case settlement hammers bottom line

Krones USA has paid $125m to settle a legal dispute ongoing in the US since late 2008, linked to damages claims from third parties who alleged that the company was...

Carlsberg rivals face Russian organizational 'challenges', CEO suggests

Carlsberg CEO Jørgen Buhl Rasmussen has suggested that rival SAB Miller and new strategic partner Anadolu Efes may be facing challenges in Russia as they combine their businesses, as his...

AptarGroup to close two sites in European shake-up

AptarGroup is to restructure 12 facilities in Europe, including the closure of two sites, in a bid to boost future growth in the region.

Budweiser US brand health grows but market share falls: AB InBev CEO ‘not happy’

Anheuser-Busch InBev CEO Carlos Brito says his firm is ‘not happy’ with continued US market share losses for Budweiser, and expressed slight disappointment given rising brand health scores.

Kerry reports strong growth despite tough trading conditions

Strong growth in Kerry Group’s ingredients and flavours division has helps to balance out slow-down in consumer goods, as revenues increased by nearly 11% to €4.4 billion.

‘We live and die’ in CSDs: Dr Pepper Snapple CEO nails colors to TEN mast

Dr Pepper Snapple CEO Larry Young has urged patience on the firm’s new mid-calorie TEN portfolio, as analysts quizzed him on whether the brand was cannibalizing regular Dr Pepper sales,...

‘How much wood would a Woodchuck chuck?’ C&C hopes cider buy will tear-up trees Stateside

After buying Vermont Hard Cider Company for $305m, C&C Group said the firm offered it strong growth prospects due to low US cider penetration, while the deal also snagged it...

PepsiCo and Suntory unite to crack Vietnam’s beverage market

Beverage major PepsiCo has taken a major step towards cracking the growing Vietnam market by signing a strategic agreement with Japanese beverage and wellness player Suntory.

Emerging markets continue to drive Nestlé sales

Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.

London Calling: CCH shift reflects international status – Fitch

Coca-Cola Hellenic’s move to list its shares in London rather than Athens reflects a desire to avoid a ‘full blown’ sovereign crisis but also boost its international profile.

Modelo Especial is ‘hottest’ US beer brand: Constellation Brands

Constellation Brands claims that Mexican brew Modelo Especial is now the ‘hottest’ beer brand in the US, and CEO Robert Sands says he expects it to become the next Corona.

The Joy of Six: Heineken’s ‘compelling’ rationale for APB buy

After Heineken successfully netted Asia Pacific Breweries (APB), CEO and chair Jean-François van Boxmeer told investors that there were ‘six key reasons’ why the capture was compelling.

Barr Barr Britvic, have you no new name?

AG Barr and Britvic have confirmed that they are extending the offer deadline regarding their potential merger to October 3, as reports suggest deadlock in talks to agree a new...

Carlsberg denies Heineken APB takeover drove Singha deal

Carlsberg has agreed a strategic partnership with Singha Corporation, and tells it is confident the new venture will succeed where a previous Thai partnership with Chang Beverages failed amidst...

PepsiCo savors $363m US tax triumph over IRS

PepsiCo has won a US Tax Court judgment against the US Internal Revenue Service (IRS) which claimed the firm owed it circa. $363m in unpaid tax relating to operations in...

A.G Barr maintains Britvic merger radio silence

A.G Barr has not revealed any details on the progress of talks regarding its possible merger with PepsiCo bottler Britvic, as it reported H1 2012 results today.

Coca-Cola Refreshments hails 'confidence' in management as union tastes Texas defeat

Coca-Cola has hailed a 'vote of confidence' in management, after staff voted against making its Fort Worth bottling site the firm's first corporate-owned unionized plant in the South.

One small step for ThaiBev, one giant leap for Heineken…

Heineken has taken a giant leap forwards in its bid to take full control of Asia Pacific Breweries (APB), after rival ThaiBev and its concert parties said today they would...

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