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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.

Tate & Lyle files ITC case for sucralose patent infringement

Tate & Lyle has filed a United States International Trade Commission (ITC) case over alleged infringement of its patented sucralose manufacturing technology.

Wahaha rebuffs Danone's advances

Chinese beverage group Wahaha has hit out at plans by business partner Danone to acquire the groups remaining assets.

SABMiller milks local experience in Vietnam

Vinamilk, one of Vietnam's leading dairy companies, is to team up with global brewer SABMiller as its looks to enter the country's dynamic beer market.

SAB to build new brewery in Russia

SABMiller, the international brewer, has said it will invest $170m in a new brewery in Russia as the firm continues to profit from demand for premium beer in the country.

EU steps up fight against India's spirit tax

The European Union this week escalated its dispute with India over the country's import tariffs for wine and spirits, calling on the World Trade Organisation to intervene.

Anheuser-Busch looks to China

US brewer Anheuser-Busch is to expand its Chinese distribution outlets as it looks to offset declining sales growth in its domestic operations.

UK Budget leaves wine sector sour

The UK wine and spirits industry has said it is 'deeply disappointed' by the UK chancellor's plans to raise duty tax on wine, announced in his 2007 Budget Speech Wednesday.

Cadbury to cut 438m out of costs, reveals newspaper

Cadbury Schwepps will attempt to drive down costs in its confectionary arm by £300m (€438m) a year and enter the US sports drink market, according to a newspaper report.

Nestle cuts water use at manufacturing plants

In a bid to cater to consumers' environmental concerns, Nestlé has pledged to further cut its water use and effluent discharges.

Cadbury set for confectionery split

Cadbury Schweppes has said it will separate its confectionery and US soft drinks businesses, sending ripples of speculation across the financial sector about the firm's motives.

Cadbury to split drinks and confectionery businesses

Cadbury Schweppes has said it will separate its confectionery and US soft drinks businesses, sending ripples of speculation across the financial sector about the firm's motives.

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.

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