All news articles for March 2018

UK launches inquiry into energy drinks

UK launches inquiry into energy drinks

By Rachel Arthur

A government committee has launched an inquiry into the consumption of energy drinks, after a study found that young people in the UK consume more energy drinks than any other European country.

Treofan Americas. Photo: CCL.

CCL Industries in talks to acquire Treofan America

By Jenny Eagle

CCL Industries has signed a binding agreement to acquire Treofan America and Trespaphan Mexico Holdings from M&C for approximately $255m with the deal expected to close in Q2, 2018.

Smurfit Kappa at drinktec last year. Photo: Smurfit Kappa.

Smurfit Kappa rejects International Paper buy-out

By Jenny Eagle

Smurfit Kappa has rejected a buy-out from International Paper Company (IP) because: ‘it fails to reflect the Group’s superior prospects as an independent business and represents a valuation multiple significantly below recent comparable transactions’.

Dilyuns Michael

Shaka Tea unveils new look, closes second round of financing

By Elaine Watson

Honolulu-based Shaka Tea - the first Hawaiian ready-to-drink iced tea, and the first brewed with māmaki, a plant that only grows in the Hawaiian islands – has unveiled a new look, reformulated its wares to reduce sugar, and closed its second round of...

AB InBev toasts successful FY2017

AB InBev toasts successful FY2017

By Rachel Arthur

AB InBev says its FY2017 performance has been the best of the last three years: with growth of its core global brands, improvements in Brazil, and cost savings from the SABMiller integration.

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