PepsiCo is rolling out its Smart Spot symbol in Canada to help
consumers identify brands that can contribute to healthier
lifestyles. It will appear on an estimated 5 billion servings of
foods and beverages this year.
Bulgaria's Supreme administrative court upheld today a lower court
ruling to fine the local branch of Coca-Cola leva 20, 000 ($13,400)
for using illicit promotional methods.
Coca-Cola's chief marketing officer resigned last week, but the
company would not reveal whether poor sales of the low-carb,
low-cal drink C2 prompted this decision.
Two of Europe's top brewers have continued their investments in the
international brewing sector. But while Heineken continues to
invest in some of the world's less established beer markets, InBev
has strengthened its position...
Coca-Cola has confirmed that construction has begun on a new
bottling plant in the Zhangquiu City near Jinan, capital of
Shandong Province in east China. The move is part of a trend
whereby large food and drink companies are increasingly...
Diageo confirms that it has trumped the bid that Domaines Barons de
Rothschild, Constellation Brands and Quintessa had submitted to
acquire the Chalone Group, reports Kim Hunter Gordon.
Dutch Brewer Heineken is expecting beer sales in China to far
exceed its own forecast market growth expectations in the next few
years. Indeed, sales of its flagship brand are expected to increase
by 25 per cent next year.
French firm Danone has pulled out of the chaotic race to buy
Serbian soft drinks firm Knjaz Milos, warning that it is not
prepared to commit itself in Serbia until there is political and
legal stability for investors, reports Chris...
Pursuit Dynamics has signed an agreement with the UK subsidiary of
Coca-Cola Enterprises to supply innovative fluid processing
technology for the production of soft drinks.
Heineken, the Dutch brewer, has continued to extend its reach into
some of the world's lesser-known beer markets with an agreement to
take a controlling stake in Nigeria's Consolidated Breweries,
writes Chris Jones.
Danone, the world's second largest bottled water business, stunned
analysts last week by announcing that it will sell its water
activities in Italy - Europe's largest bottled water market. Kim
Hunter Gordon explores why...
UK based drinks giant Diageo could get round increasing duty and
the uncertain future of alcopops in Europe by leading a new market
of mid-proof flavoured alcoholic beverages (FABs), reports Kim
Hunter Gordon.
A soaring premium beer market in Russia and growing consumption in
Poland and Romania are driving forward a major international
brewer's European profits by offsetting problems in Hungary and
Slovakia, writes Chris Mercer.
A slump in international sales means that Coca-Cola is set to
switch its focus to the China market in an effort to sustain
growth. The company said that with current economic growth
continuing apace, China should be its third biggest...
Coca-Cola has at last settled a five-year European Union antitrust
case by promising to scrap controversial retail discounts and by
agreeing to share more display space with rivals.
Coca-Cola, which until now has struggled to make its mark in the
profitable energy-drink market, hopes to rectify the situation with
the launch of Full Throttle early next year in the US.
French food group Danone has reported steady if unspectacular
growth for the third quarter of the year, with poor weather in much
of northern Europe impacting sales compared to last year's
heatwave-boosted performance.
Dutch brewing giant Heineken has increased its stake in Russia's
rapidly growing beer market for the second time in three months,
underlining the competition among big brewers to exploit the
potential of this newly crowned nation...
Shares in the world's largest beverage company, Coca-Cola, have
sunk to their lowest price for 16 months after the soft drinks
giant forecast that it would make less money than expected in the
second half of 2004, blaming poor...
SABMiller's Chinese joint venture, China Resources Breweries, has
acquired the Chinese brewing interests of Australian-based Lion
Nathan, which entails three breweries in the populous Yangtze River
Delta Region. After losing...
Poland is set to become the prime international market for Heineken
as Grupa Zywiec reports booming sales and profits for the first
half of the year. A strategy focusing on one brand for each beer
segment and concerted efforts to...
The European Union said yesterday that the proposed settlement
between Coca-Cola and the European Commission to end a long-running
antitrust case has still not been finalised.
China Resources Breweries Limited, an associate of South
African-based SABMiller and a subsidiary of China Resources
Enterprise, is set to invest $82.2 million (€68m) in the
construction of a new brewery in the city of Dongguan, in...
Heineken has
today confirmed that it has acquired 100 per cent of the Russian
group Central European Brewing Company (CEBCO), giving it a
controlling stakes in two of Russia's leading brewery facilities.
Soft drink and snack maker PepsiCo might not spring immediately to
mind when thinking about healthy food products, but the US company
clearly believes it has a role to play in this fast-growing market
- and has added a new logo to...
Carlsberg
and the Danish Industrialization Fund for Developing Countries
(IFU) have drawn up an agreement with Lanzhou Huanghe Enterprise
Group to acquire 50 per cent of the LanzhouHuanghe Brewery's
operations in the Gansu...
US food and beverage giant PepsiCo has installed a primary business
platform from SAP to unify its operations, standardise its
processes and increase efficiency across all its divisions.
COFCO Coca-Cola Beverage said it has begun construction of a $12
million new production facility in Lanzhou's high technology
district, in the central western region of China.
Competition in the Australian beer market has been stepped up with
the announcement that wine and beer group Lion Nathan will make and
sell and Heineken Lager in Australia through a joint venture with
the global Dutch brewer.
SABMiller, one of the world's largest brewery groups, has increased
its presence in the Romanian market after announcing the
acquisition of a controlling stake in leading local brewer Aurora.
Harbin, the leading Chinese brewery, has advised shareholders to
resist SABMiller's takeover bid for the company. The bid was
influenced by Ancheuser-Busch's 29 per cent acquisition of the
company earlier in the week. SABMiller...
Investigations into whether Coca-Cola overshipped drink concentrate
to distributors in some markets in order to inflate its financial
results has intensified. A federal grand jury has been scheduled
and employees subpoenaed according...
After a decade of concentrating on the ready-to-drink sector,
leading alcohol brand owners in the UK are turning their attention
to other segments as RTD sales begin to stagnate. Widespread growth
in the liqueur market means that...
Coca-Cola is set to initiate talks with the European Commission in
an attempt to resolve an antitrust case against the group. This is
the latest difficult challenge to have emerged - Coca-Cola has
already had to deal with the Dasani...
Heineken, keen to increase its presence in the all-important
Russian market, is said to be considering a huge investment to
develop facilities in the Sverdlovsk region.
Coca-Cola Japan is to launch a drink flavoured with fragrances
thought to activate the fat-burning process in a new joint venture
with cosmetics firm Shiseido.
Convincing US consumers to buy bottled, purified tap water at a
premium price may be relatively easy for a company as adept at
marketing as Coca-Cola, but doing the same with the rather more
savvy European bottled water drinker appears...
The Coca-Cola recall has highlighted the urgent need for
manufacturers to install efficient systems to achieve complete
traceability. Consumers, and the law, will settle for nothing less,
writes Anthony Fletcher.
Danone, the French food group, has bought a stake in the Mexican
water container company Arcos Iris. The group has not stipulated
how much it has paid for the business but has indicated that it now
has the majority stake,writes Danny...
The EU commission has approved Carlsberg's takeover of the German
brewer Holsten-Brauerei. The approval places the company one step
closer to the profitable German market writes Danny Vincent.
There has been much speculation over beverage companies' plans in
launching a drink based on a calorie concept - but it has been
Pepsi that has been able to act the fastest and secure the first of
its kind on the market.
Beer giant Carlsberg plans to reduce debt before completing further
acquisitions. The company has said that after the debt is better
managed investment in the Balkans and in China may be on the cards.
US federal investigators are investigating Coca-Cola's dealings
with Japanese company Takasago International in connection with
allegations of channel stuffing. It is alleged that the beverage
giant overstated financial results...
After three years of successful growth, Diageo's alcopops sales
have decreased the company's financial results have revealed. This
week the company has released a new version of its Smirnoff ice
drink in the US, in an attempt...
