Nichols satisfied with results in 'challenging' year
Nichols, the UK group behind Vimto soft drinks, has reported a
slight rise in turnover for 2002, a year of change for the company.
Hardy shareholders approve merger
Shareholders in Australian winery BRL Hardy have approved the
company's proposed merger with the US-based Constellation Brands.
Seagram integration boosts Pernod results
Seagram's brands helped lift sales at Pernod Ricard in 2002, but
there is still much work to be done to improve sales at Martell and
Stella performance boosts Interbrew results
Interbrew strengthened its position in core markets last year with
good volume growth from brands such as Stella Artois and Beck's.
Heineken takes control of SA distribution
Heineken and SAB have ended their partnership in South Africa, with
each group taking control of its own brands there.
Efes buys Russian brewer
Turkish brewer Efes is to increase its presence in the Russian beer
market with the acquisition of Urals-based Amstar for around $50m.
Investments pay off for Duvel Moortgat
Investments and reorganisations are beginning to pay off for
Belgian brewer Duvel Moortgat, which saw an increase in sales in
all of its main markets last year.
Life's little luxuries prove profitable for LVMH
LVMH, the Champagne and Cognac producer, posted a 29 per cent
increase in operating profit last year as consumers continued to
spend despite the recession.
Ocean Spray - wiping the board clean
Cranberry co-operative Ocean Spray voted on Saturday for a clean
slate - replacing most of its board with a brand new set of faces -
in the wake of lagging cranberry prices and a bid from rival
Strong rise in sales for Absolut maker
Sweden's V&S Group, which makes Absolut vodka among other
brands, has reported a strong rise in sales for 2002.
Vimto production to be outsourced
UK soft drink company Nichols is to outsource production of its
core Vimto and Sunkist brands in order to cut costs.
Rexam boosted by record results
Rexam, the global consumer packaging company, has announced a
healthy 26 per cent rise in its profits for the year ended 31
New hophouse for Czech brewer
Czech brewer Budweiser Budvar has opened a new purpose-built hop
warehouse, a facility which it claims is unique in Europe.
Carlsberg looks to the east for growth
Carlsberg's business will continue to grow in the coming years, but
that growth will be focused on markets in eastern Europe and Asia.
BOC Sureflow deal with Whitbread
BOC Sureflow to supply dispense gases for Whitbread brands in the
UK in a three-year deal worth £4 million.