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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.

Drinks industry cautious on UK budget

The UK government's budget for 2006 was greeted with a mixture of praise and stern criticism by the drinks industry, as some felt the Chancellor had ignored important measures.

Sonic wave technology buys into distribution system

Pursuit Dynamics, the UK-based creators of a novel sonic wave processing technology, today announced the purchase of a specialist food and drink equipment distributor.

SABMiller in talks to buy Foster's breweries

SABMiller is in talks to buy Foster's overseas breweries in Asia, BeverageDaily.com has learnt, as the potential sale offers brewers a better foothold in one of the world's fastest growing...

Scotch Whisky makers fuming as India keeps tariffs

The Scotch Whisky Association says it will ask the EU to make an official complaint at the WTO if India does not lift excessive duty tax on imported spirit drinks.

Greencore pull-out to end Ireland's sugar industry

Greencore, the ingredients and food service group, said EU sugar reform would force it to pull out of the sugar sector this year, effectively spelling the end of sugar processing...

Chirac dismisses French protectionism claims

Europe has no time for national champions if it is to compete in the world, warned the European Commission president Wednesday, as French president Jacques Chirac dismissed claims that France...

Coca-Cola attacks bottlers in Powerade dispute

Coca-Cola said it would fight to put down a lawsuit filed against it by more than 50 of its own bottlers over the distribution of sports drink Powerade to Wal-Mart stores.

More bottlers to sue Coca-Cola in distribution dispute

More than 50 bottlers have now lined up to sue Coca-Cola in the US in a move to stop the soft drinks group distributing its Powerade sports drink directly to...

Nestlé: Americas offset slow times in Europe

Nestlé's Americas division has established itself as the food firm's most important business region for the first time following difficult conditions and subdued sales growth in Europe.

UK, Russia hold up S&N beer sales

Strong performances in Russia and the UK helped brewer Scottish & Newcastle to improve sales and profits in 2005, helping to offset the market slump in mainland Western Europe.

First soft drinks obesity lawsuit set for Massachusetts

A lawsuit aimed at getting soft drinks out of US schools on obesity grounds will be filed in Massachusetts, just as lawmakers there prepare to vote on a school junk...

Emerging markets lift PepsiCo sales

Emerging markets across Asia, Eastern Europe and Latin America came good for both PepsiCo and Coca-Cola in 2005, increasing their importance in the two rivals' growth strategies.

SABMiller buys into China's beer-loving Fujian province

SABMiller has moved further into southern China by spending $8.9m to acquire another brewery, hoping to take advantage of the area's above average beer consumption.

Innovation drive hits Coca-Cola profits

Coca-Cola saw profits tumble by more than a quarter in the last three months of 2005, underlining the challenges that still lie ahead for the soft drinks firm in 2006.

EU clears Cadbury Schweppes drinks sale

The European Commission on Tuesday cleared the takeover of Cadbury Schweppes' European drinks arm by private equity consortium Lion Capital and Blackstone.

Soft drinks shift rocks Cott profits

Profits tumbled by two thirds last year for the world's largest supplier of private label soft drinks, Cott Corporation, as the group struggled to cope with rising input costs and...

Obesity lawsuits loom for soft drinks industry

A lawsuit aimed at getting soft drinks firms out of US schools on obesity grounds is now ready to go, says one of the leading lawyers involved to BeverageDaily.com, as...

Weekly Comment

Food miles leave a bitter taste

The organic food movement has been hijacked by supermarkets intent on being seen to be green, but their disrespect of food miles shows they are anything but.

PepsiCo dives into functional drinks with Ardea

PepsiCo's bottling arm has bought up US functional drinks maker Ardea Beverage, as the iconic soft drinks firm positions itself for growth on the functional drinks market.

SABMiller signs Vietnam beer venture

SABMiller has signed a joint venture deal with a top Vietnamese dairy company, hoping to use the firm's local knowledge and distribution network to break into Vietnam's emerging beer market.

Mondavi wine keeps Constellation moving

World wine giant Constellation Brands continued to profit from its takeover of Robert Mondavi wine in its third quarter as the group looks to focus more seriously on Europe.

Majestic toasts Christmas sales record

Leading UK-based wine merchant Majestic Wines enjoyed a 10.4 per cent sales boost this Christmas, citing consumer demand for premium products as the key to success.

Campari takes whisky brands off Pernod Ricard

Italian drinks group Campari has been rubbing its hands together after Pernod Ricard agreed to sell it the world's number two single malt whisky brand Glen Grant.

Under pressure Cott to close soft drinks factory

Cott Corporation, the private label soft drinks maker, said it would close its Ohio factory in the US next year as part of its plan to cut costs and get...

PepsiCo beats Coca-Cola in market value

PepsiCo's successful diversity and faster action on health has taken it ahead of Coca-Cola in the market for the first time in 112 years, but don't be fooled into thinking...

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