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Strong sales across board for Pepsi

PepsiCo yesterday reported revenue growth of 10 per cent for the quarter ending 16 June, thanks to strong performances across most business segments.

Pepsi's mysterious merger attempt unconfirmed

Nestle today refused to confirm reports that they had turned down a merger with PepsiCo last spring, a deal that would have created one of the largest and most powerful...

Beer sales set to increase, says Heineken

Heineken announced yesterday that it has doubled its forecast for net profit growth, with strong sales in emerging markets offsetting slow growth rates in Europe and the US.

Coca-Cola experiences double digit sales

Coca-Cola reported Tuesday net revenue growth of 19 per cent for the quarter ending 29 June, led by strong performances in emerging markets.

Cadbury buys US bottler

As part of a plan to sell its drinks business, Cadbury Schweppes today said it has acquired the Southeast-Atlantic Beverage Corp. (Seabev), the second largest independent bottler in the US.

Pepsi pricing plan maintains confidence

The Pepsi Bottling Group (PBG) increased sales by seven per cent to $3.4bn for the three month period ending 16 June, the company said yesterday.

Inbev aims at cost cutting with pub sale

InBev will sell a majority stake in its pub and bar division to Belgian real estate group Cofinimmo in a bid to cut costs and focus on its core beer...

Coca-Cola makes juicy Russian acquisition

Coca-Cola Hellenic bottling company yesterday announced it has agreed to acquire Russian beverage group Aquavision as it aims to tap the full potential for soft drink sales in the country.

Rexam to buy Russian beverage can maker

As part of its bid to expand operations into emerging markets Rexam today said it has agreed to buy a Russian beverage can maker for US$297m (€218m).

Brands lend hand to Scottish & Newcastle plans

Scottish & Newcastle is on track to meet its expectations for continued full year profit throughout both its established and emerging markets, the company said yesterday.

Diageo on track with 2007 ambitions

Diageo said it had achieved eight per cent growth in operating profit for its full year ending 30 June following an improved second half performance.

Amcor agrees to sell PET business

Amcor will sell its polyethylene terephthalate (PET) packaging business in a deal worth €425m.

Balloting threatens Coca-Cola summer fizz

Coca-Cola faces serious disruption to one of its major European bottling plants as workers threaten a series of 24-hour strikes during the busy summer period.

Remy Cointreau restructuring plan pays dividends

Remy Cointreau today posted a 3.8 per cent organic growth in turnover to €785.9m for the financial year ended 31 March as the company's ongoing reorganisation begins to be felt.

Danisco blames revenue dip on EU sugar reform

Danisco suffered a 3 per cent drop in revenue in the 12 months to 30 April, blaming the fall on the EU's decision to cut subsidies for sugar.

Absolut maker up for grabs in Swedish shake up

Vin & Spirit (V&S), manufacturer of Absolut vodka, is up for sale, following a vote yesterday by the Swedish parliament to sell of some of the country's state-owned firms. ...

Cadbury Schweppes unwraps its confectionary strategies

Following talks in London today, Cadbury Schweppes has officially announced its new confectionery strategies, to be implemented following the separation of its drink division, Americas Beverages.

Heineken eyes regional growth with Czech purchase

Heineken has further extended its presence within the burgeoning beer markets of Central and Eastern Europe with its latest acquisition in the Czech Republic.

Cadbury US beverage sale expected soon

A proposed 7.5bn sell off of Cadbury Schweppes US beverage operations could be imminent, according to press reports in the UK.

Ukraine acquisition steps up PepsiCo regional focus

PepsiCo is to step up its presence in the burgeoning Eastern European soft drinks market by acquiring an 80 per cent stake in one of Ukraine's leading juice producers.

Rexam to buy Owens-Illinois plastics division

Rexam, the world's top maker of drink cans, said today it will buy the plastics plastics division of Owens-Illinois for US$1,565m (€1,170m) in cash.

Buzz over Bud defies US beer malaise

Anheuser-Busch, brewer of Budweiser, could be set for an operational shake up as rivals and investment firms target it for a possible acquisition.

Heineken to fight back in EU cartel dispute

Heineken has appealed to the public in fighting against a €219m fine imposed by the EU for breaching the bloc's competition laws.

V&S targets China for strong spirit growth

China's spirits industry continues to entice some of the world's leading beverage groups with Sweden's V&S group becoming the latest multinational to tap the market through a new joint venture....

Food and drink prices on the rise

Prices for food and drink have risen sharply in the UK over the last year, in a sign that higher input costs are increasingly being passed down the supply chain.