Sabaté Diosos, the France-based wine barrel and closures
manufacturer, has said that it is to rename the company to reflect
greater unanimity for its brands.
Improved volumes and a policy of cost management helped Coca-Cola
HBC improve its profits in the first quarter despite the impact of
currency devaluations, poor weather and a later Easter period.
Alcan has confirmed further details of the acquisition of shares in
the Flexible Packaging Division of Hydro Aluminium Deutschland.
This will allow the company to expand its European operations and
penetrate the Asian market.
Australian bottled water company Neverfail Springwater is reported
to be looking for buyers in Europe, the US and Asia in an effort to
ward off a hostile bid from Coca-Cola Amatil.
American Purpac Technologies, a new US-based company dedicated to
the blending, processing and filling of beverages is to open its
first plant on 1 July 2003.
A year of acquisitions and growth has helped Nestlé Waters extend
its leadership of the bottled water market in 2002 - a performance
which the company has already continued into the first quarter of
the current year.
The Sabaté Diosos Group, a leading provider of products and
services for the wine market, has said that it will reinforce its
activities in Australasia through the acquisition of the Australian
cooperage Schahinger.
Will Coca-Cola be able to reach is annual volume growth target of
5-6 per cent this year? First quarter growth was just 4 per cent,
as declining volumes in Japan and Germany, and lower-than-expected
increases in US sales took their...
Patrick Ricard, CEO of French wine and spirit group Pernod Ricard,
has said that there has been no material impact on the company's
business from the boycott of French goods in the US.
The decision by UK Chancellor Gordon Brown to increase the duties
payable on beer has been met with dismay by a brewing sector
already burdened with taxes.
Amcor is building a second glass furnace on its existing wine
bottle facility in Gawler, South Australia, in a move that will
double its current production capacity.
Two international deals were approved last week - the takeover of
Panamco by Coca-Cola Femsa in Mexico and the merger of
Constellation Brands and BRL Hardy in Australia.
ChampionLyte says it is in the final stages of negotiations with a
former Snapple executive to head up the company's soon-to-be-formed
beverage division.
Riverwood, parent company of Riverwood International, and Graphic
Packaging International have jointly announced a definitive merger
agreement that will create a global paperboard packaging company
with leading market positions serving...
US food company Kraft Foods has put its powdered soft drink
concentrate plant in Hyderabad, India up for sale, reports the
Indian paper Financial Express.
British soft drinks group AG Barr has reported a 3 per cent
increase in sales for 2002 - growth which far outstrips the UK
carbonate sector as a whole.
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.
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.
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
Northland Cranberries.
