Breaking News on Beverage Technology & Markets

News > Manufacturers

Latest news beverage manufacturers brands Coke, PepsiCo, Heineken, Diageo, AB InBev


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.

Hart set to create Tetra Pak rival with SIG takeover

New Zealand billionaire Graeme Hart is now set to take over SIG Holding, creating a rival to Tetra Pak in the beverage packaging market.

Coffee price decline in February, says ICO

Coffee prices recorded a further downward correction in February but were still at higher levels than the average for 2006, according to the ICO.

Amstel deal leaves SAB with a headache

Heineken has taken back its Amstel beer brand in South Africa, leaving previous licence owner and rival brewer, SABMiller, facing an uphill struggle to maintain sales in the country.

Rexam to sell glass business to Ardagh

Ardagh Glass today announced an agreement to buy Rexam's glass container business for €660m.

Tate & Lyle confirms UK citric acid closure

Tate & Lyle will cease production of citric acid at is UK plant at the end of the month following the completion of an employee consultation process.

US joins row over India's spirit tariffs

The US this week followed the EU in filing a complaint with the World Trade Organisation over India's import tariffs on wine and spirit drinks.

Industry calls for action on biofueled price rises

The EU's food and drink industry yesterday called on the bloc's governments to take action on halting price rises for their supplies, as more crops are diverted for biofuel production.

Big brands fortify Pernod Ricard

Pernod Ricard, the world's second largest alcoholic drinks group, said it expected net profits to grow by a fifth for its full year following more strong performances from spirit brands.

Carlsberg strengthens Vietnamese hand with Habeco deal

Carlsberg has acquired a 10 per cent stake in Vietnam's second largest brewer as it looks to increase its market share in the country's growing beer market.

Drinks giants prepare for Absolut battle

A host of alcoholic drinks firms, including Bacardi, are believed to be eyeing Swedish vodka brand Absolut, seen as a crown jewel in the international spirits world.

Budvar cool on sale speculation

Czech Brewer Budejovicky Budvar has hit out at speculation the country's government is poised to sell the company as soon as possible.

Health shift hands Nestlé record profits

Sales at the group rose to CHF98.5 billion (€60.5bn) while organic growth was 6.2 per cent and net profit was up 13.8 per cent to a record CHF9.2 billion (€5.6bn).

Grape over grain drives Foster's sales gain

Australian brewer Foster's has posted encouraging results in its first half report as improving performance amongst its global brands drove strong sales growth throughout its operations.

Brewers braced for soaring costs in 2007

Poor harvests for hops and barley, together with mounting energy bills, are set to significantly increase cost pressures on all brewers this year.

Carlsberg brews up a solid 2006

Growth in Western Europe's difficult beer market inflated Carlsberg's 2006 sales alongside more rapid growth in Asia, the firm has announced.

CCE execs get cash bonus ahead of job cuts

Top executives at Coca-Cola Enterprises will be awarded hundreds of thousands of dollars for the firm's 2006 performance, despite last week announcing a $1.7bn loss and a plan to cut 3,500 jobs.

Flat Korean market could prompt Coca-Cola sale

Coca-Cola's Australasian bottler may offload its operations in Korea, as it reviews its operations in the country amidst declining sales of its brands, due to consumer health concerns.

Bubble bursts at CCE as job losses loom

Bottling group Coca-Cola Enterprises will cut five per cent of its workforce, around 3,500 jobs, after the firm was flattened by cost rises and falling demand for fizzy drinks.

Danone loses appeal in EU cartel case

France's Danone must pay a €42m fine for its role in a cartel in Belgium, an EU court has ruled, backing Commission plans to get tough on repeat offenders.

Unilever claims progress in Europe

Unilever crawled back to positive sales growth in Europe during 2006 with solid performances in ice cream, tea and heart health foods.

Constellation swoops for Swedish vodka

Constellation Brands has announced it intends to buy the fast-growing Svedka vodka brand for $384m, as the group looks to improve earnings by delving further into the US spirits market.

UK soft drinks cradle Cott growth

Access to aseptic drinks production and promising growth in non-carbonated soft drinks in the UK helped Cott Corporation, the world's largest private label soft drinks supplier, to increase sales last...

Tate & Lyle to close UK citric acid plant

Tate & Lyle has been forced to close its UK citric acid operations in the face of intense competition from Chinese imports and oversupply in the world market.

Chinese tea exports brew record year in 2006

China has consolidated its position as one of the world's leading tea producers as export demand continues to drive growth in the sector, according to figures by China's chamber of...

Optimistic Britvic hails further gains

The rehabilitation of one of Britain's top soft drinks firms, Britvic, has continued over the last 12 weeks with a 4.8 per cent rise in branded sales, the group announced.

Key Industry Events


Access all events listing

Our events, Events from partners...