Cadbury Schweppes sells European soft drinks arm
Cadbury Schweppes has announced it plans to sell its European
beverages arm for £1.2bn to a private equity consortium led by Lion
Capital and Blackstone.
Starbucks thrives on consumer coffee habit
Starbucks is fast becoming the new embodiment of the American dream
with a 27 per cent rise in profits on the back of aggressive
expansion that may soon see the group moving into Russia.
Danone dumps US water business
French water and dairy firm Danone has signed a deal to get rid of
its troublesome water cooler business in the US, though not without
taking one last hit.
Britvic plots new products after flotation
British soft drinks group Britvic, spurred on by strong growth in
its still soft drinks range, has announced plans to float on the
stock market by the end of the year.
Scotch Whisky, tea combo boosts exports to China
More Chinese people are livening up their traditional, green tea by
adding a shot of Scotch Whisky, as Asian markets help the Scots to
break the £1bn export barrier in the first half of 2005.
Anheuser sales slip marrs waste award
Anheuser Busch's waste-cutting focus may have got it into the
Environmental Protection Agency's hall of fame but another slip in
beer sales looks like making 2005 a year to forget.
Sara Lee to sell coffee business, focus on food
US bakery and international consumer goods manufacturer Sara Lee
has signed an agreement to sell its US retail coffee business as
part of the company's bid to redefine its over-stretched product
portfolio and turn around its...
Diageo rejects Montana wines buyout deal
The world's biggest drinks firm has shunned the chance to buy New
Zealand's Montana wines off Pernod Ricard because it will not
generate enough growth.
Seizures reveal UK drinks fraud problem
Arsenic in bottled water and the seizure of fake vodka from an
illegal distillery have put fraud back on the menu in the UK, as
two alcoholic drinks associations pledge to beat the bootlegs.
Sports drink heads Coca-Cola sales rise
Sports drinks, juice and bottled water spearheaded a set of
encouraging third quarter results from Coca-Cola as
health-conscious consumers force a realignment at the major soft
Constellation launches hostile Vincor bid
Constellation has begun a hostile takeover attempt for Canadian
wine firm Vincor, but its intended prey says it is looking for
other suitors that are willing to pay a 'fair' price.
Nestlé targets brands at hard discounters
Nestlé says it will embrace moves by hard discounters to sell more
branded products as part of its plan to recover from difficult
times on Europe's food and drink market.
French fight for stake in UK wine market
A 40 per cent increase in marketing funds should help French wine
makers tackle falling sales in the UK and combat the very real
threat from New World wines.
Added value seals Danone sales rise
Added value dairy and soft drinks lead Danone to a sales rise in
the third quarter, but the firm is banking on a new pricing and
innovation strategy to re-ignite itself at home in France.
Italian fraud police seize Ruffino wine stocks
Italian fraud police have seized more than nine million bottles'
worth of high quality Chianti Classico wine at the renowned Ruffino
winery in Tuscany, seriously threatening the group's supplies at
the start of the new season.