Star deal for Constellation and Hardy
As expected, Constellation Brands, the diversified US drinks group,
has acquired Australia's leading winery BRL Hardy in a deal valued
at around €1.32bn.
V&S buys Polish vodka
Vin & Sprit, the Swedish owner of Absolut and Danzka vodkas, is
to take control of the Polish vodka Luksusowa as well.
Soya firm buys soft drinks
British soft drinks producer T Kearns has been acquired by the soya
ingredients group Soya International.
Heineken ends S American disputes
Heineken has put an end to two disputes in South America by taking
stake in CCU and selling its Quilmes shares.
Constellation seeks starring role in Hardy expansion
Constellation Brands has confirmed that it is in advanced talks
with Australia's biggest winery BRL Hardy. A merger of the two
groups would form the world's largest wine group, with several
strong New World brands.
Coke to invest €100m for Indian facilities
Coca-Cola is set to invest around €100 million to expand its
existing beverage manufacturing facilities in India in an effort to
keep up with increasing demand for bottled water and carbonated
Rexam poised to make further acquisitions
UK packaging manufacturer Rexam is poised to spend a further £50
million (€80m) on acquisitions.
B-F buys Italian liqueur maker
Brown-Forman, the US distiller, has taken control of the Italian
liqueur maker Distillerie Tuoni e Canepa.
Belvedere joins CL portfolio
CL Financial is to acquire a minority stake in the French vodka
group Belvedere just a few weeks after taking a majority share in
Scotch whisky maker Burn Stewart.
Israeli drinks merger mulled
Coca-Cola Israel is said to be considering merging its soft drinks
and beer units and then joining forces with one of the country's
leading wine producers, Carmel Mizrahi, according to press reports.
Rhodia sells brewing enzymes business
Rhodia is to sell its UK-based brewing and enzymes businesses to US
biotech company Genencor International in a bid to focus on food
Femsa, Panamco form leading Coke bottler
Coca-Cola Femsa has merged with Panamco to form the biggest bottler
of Coca-Cola products outside the US and the second-largest in the
Interbrew gets green light for Gilde buy
Interbrew's acquisition of the German brewer Gilde has been cleared
by the European Commission, paving the way for the deal to be
Heineken takes control of glass maker
Heineken, the Dutch brewer, has increased its stake in Heye Glas
Nederland from 33 per cent to 100 per cent.
Bulmer to sell Australian unit
HP Bulmer, the troubled UK cider maker, is to sell its Australian
and New Zealand cider units to CUB, a division of the Foster's
group, for €35.2 million.