Figures released today confirm that the mere unveiling of the
taint-proof Diamont cork improved sales of all Oeneo closures in
the last half of 2004. But can this boost be transferred to its
barrels division? asks Kim Hunter Gordon.
InBev, the company formed last year by the merger of Belgium's
Interbrew and the Brazilian giant AmBev, says it is on track for
solid profit growth in 2004 despite missing its full-year volume
growth target, writes Chris Jones.
Moldovan wine producer Asconi Corporation has announced that its
2004 case sales increased by 20 per cent on 2003 to almost 2
million cases. The news comes at the same time as the inclusion of
10 of the company's wine in a list...
Southcorp has said that Foster's A$3.1 billion takeover attempt
today is "inadequate and opportunistic". But, with its beer
business stagnating and the global wine trade consolidating,
Foster's may need to get...
Kirin Brewery Company has acquired a further 117 million class B
shares of San Miguel Corporation, pushing its share in the
Philippines food giant up by 4.12 per cent, giving Kirin a 19.67
per cent stake in San Miguel.
Connecticut-based beverage company SoBe - South Beach Beverage
Company - has paid a $219,000 penalty for falsely claiming that its
drinks protect against colds and other illnesses and increase
Following the success of a controversial TV advert, Blavod is set
for further growth in the UK as it signs up with wholesaler Matthew
Clark. Abroad, it sees Poland and other EU accession countries as
lands of opportunity, reports...
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...