Carlsberg CEO Jørgen Buhl Rasmussen has suggested that rival SAB Miller and new strategic partner Anadolu Efes may be facing challenges in Russia as they combine their businesses, as his firm wins market share.
Speaking to BeverageDaily.com at InterBev in Las Vegas, Euromonitor International analysts Claire Moulin and Jonas Feliciano characterize the world’s shifting taste in soft drinks in art history terms.
The Coca-Cola Company has announced plans to invest $300m in its Vietnamese system over the next few years to capture further growth opportunities in 'one of the world's major emerging markets'.
Beverage major PepsiCo has taken a major step towards cracking the growing Vietnam market by signing a strategic agreement with Japanese beverage and wellness player Suntory.
Rudi Favila, president of mezcal wholesaler and importer Premium Mezcales, tells Ben Bouckley that Oaxacan spirit mezcal can ditch its old man image to stoke spirits across the US and beyond…
Crown Holdings tells BeverageDaily.com that it hopes to introduce a new full aperture end just launched in China for use with 150ml Budweiser cans to other geographies in future.
The Coca-Cola Company, PepsiCo and other firms riding the convergence wave marrying soft drinks to dairy face massive future commodity sourcing challenges.
Crown Holdings has postponed plans to build two new plants in China as it continues to face sluggish economic conditions and unfavourable weather in its key markets.
SAB Miller says it wants to slash the cost of its mainstream beer brands in Africa to drive growth, as it identified a $3.7bn value opportunity as consumers move away from informal or illicit alcohol.
Carlsberg has announced plans to invest up to 1bn roubles ($32m) in Russian environmental projects relating to water, agriculture and climate change at Baltika Breweries, and told BeverageDaily.com it aimed to improve its environmental baseline.
Nestlé will launch a reformulated version of single-serve coffee product Nescafé 1+2 Original in China this month, and claims that consumer tastes in the nation have changed.
After Heineken successfully netted Asia Pacific Breweries (APB), CEO and chair Jean-François van Boxmeer told investors that there were ‘six key reasons’ why the capture was compelling.
Tetra Pak has completed a €42m site expansion in Singapore and opened a ‘coconut knowledge’ center at the site, as it tipped the US as the main driver for impressive global growth in drinks using the fruit.
Carlsberg has agreed a strategic partnership with Singha Corporation, and tells BeverageDaily.com it is confident the new venture will succeed where a previous Thai partnership with Chang Beverages failed amidst legal acrimony in 2005.
PepsiCo has won a US Tax Court judgment against the US Internal Revenue Service (IRS) which claimed the firm owed it circa. $363m in unpaid tax relating to operations in Europe and Puerto Rico.
An influential alcoholic drinks analyst says the launch of a novel beer blended with black tea could supply the spark that ignites a craft brewing revolution in China.
Heineken has taken a giant leap forwards in its bid to take full control of Asia Pacific Breweries (APB), after rival ThaiBev and its concert parties said today they would support the Dutch firm’s offer.
After launching its first cassava-based beer in Mozambique last year, SAB Miller is taking part in an EU-funded scheme that involves researching alternative foods drawn from the crop’s byproducts.
ThaiBev said today that its concert party aims to takeover Fraser & Neave (F&N) in a S$9bn deal, as rumors abound that the former’s billionaire chair still craves control of Asia Pacific Breweries (APB).
The Coca-Cola Company has relaunched Coca-Cola onto the Burmese market, while Coca-Cola Light and Sprite are also now available, as it works to found a bottling venture with a local soft drinks firm.
Fraser & Neave (F&N) announced today that shareholders will vote on the firm's proposed sale of its interest in Asia Pacific Breweries (APB) to Heineken on September 28, and hailed the offer as its 'best opportunity' to realize...
SAB Miller insists the key attribute of the African beer market is rapid growth rather than competing for share, as in Europe, as the firm opens a new $100m brewery in Nigeria.
Pernod Ricard admits that the effects of a hefty 2012 French VAT hike on spirits has ‘severely affected’ the fortunes of key brand Ricard and other aniseed spirits with 45%+ ABV.
Coca-Cola Amatil (CCA) is one step closer to re-entering the Australian premium beer market, after announcing plans to lend JV the Australian Beer Company AUS $46m, as it leverages its sales and distribution muscle.
Diageo CEO Paul Walsh says his firm’s H1 top line sales growth was driven by “real momentum” in emerging markets such as Turkey, a star performer following his firm’s acquisition of Mey İçki.
Coca-Cola Hellenic (CCH) has warned that it expects to lose €55m due on its 2012 EBIT due to adverse currency movements, specifically the weakness of the euro against the US dollar.
Leading brand owners such as Diageo, Remy Cointreau and Bacardi have all made a key strategy change as they increasingly target local spirits brands in emerging markets.
Molson Coors CEO Peter Swinburn says the company is scoping the possibility of extending its best-selling Carling brand to central European regions covered by $3.4bn acquisition StarBev.
Chinese soft drinks manufacturer Wahaha has signed a deal with the UK’s Nottingham University to collaborate on research and development covering areas including bioenergy, food technology and electric motors.
PepsiCo has signed an agreement with Diamond Star to distribute its beverage brands in Burma, granting the latter exclusive rights to sell and distribute the Pepsi Cola, 7-Up and Miranda brands in the country.
Monster Beverage Corporation admits its Q2 brand launch in Japan has hit problems, but said the nation’s distributors and retailers were far less tolerant of shipping damages and leakages than in the US.
Heineken faces the potential prospect of a bidding war to seize control of Asia Pacific Breweries (APB), after a company linked to rival ThaiBev trumped the Dutch brewer's S$50 per share bid in a shock move for a smaller stake yesterday.
Beverage packaging giant APPE says work on a new Polish PET facility is on schedule and that commercial production is set to begin in December, ahead of full operation from January 2013.
Bolivian officials have swiftly moved to play down reported remarks by the nation’s flamboyant foreign minister that the government would kick Coca-Cola out of the country by the end of the year.
Heineken has struck an agreement with the board of Fraser and Neave (F&N) to acquire the latter’s interest in Asia Pacific Breweries (APB) for over S$5.1bn, as one analyst told BeverageDaily.com that the Dutch brewer was paying over the odds to ensure...
A Singapore-based analyst tells BeverageDaily.com that rumours of a Coca-Cola Company move for Fraser & Neave’s (F&N’s) non-alcoholic beverage business would be ‘no surprise’, as Heineken chases down its brewing arm APB.
RC Cola International (RCCI) says that per capita cola consumption is low in Africa and that it plans to exploit growth opportunities across the continent by growing its bottling network there.
Rexam will await the effects of higher beer prices before adding extra Russian beverage can capacity, as new comments by Russian president Vladimir Putin sent major brewers’ share prices tumbling yesterday.
Anheuser-Busch InBev’s Q2 results reveal a tale of two Buds – namely one of woe for standard Budweiser that the global brewer is struggling to stabilize in the States, and another on high-performing brand extensions.
Coca-Cola FEMSA insists that rival PepsiCo is ‘desperate’ to boost cola volume sales in parts of Mexico and has cut prices accordingly, but the former feels comfortable about pushing through price increases in most of its major markets.
Mainstream beer brands such as Budweiser and Blue Ribbon are using western brand cachet to cultivate prestige appeal on the Chinese market, according to Mintel.
Heineken S$5.1bn move for Asia Pacific Breweries (APB) shows it cannot afford to lose control of a key region forecast to drive global beer growth from 2011 to 2016, according to an analyst.
Heineken says the success of its multi-billion bid for JV partner Fraser & Neave’s stake in Asia Pacific Breweries would strengthen its presence in ‘dynamic economies with fast-growing populations’, as one analyst said the firm's fast footwork...
Moscow stock exchange the MICEX has approved the delisting of Baltika Breweries from October 5, as Danish brewer Carlsberg continues it bid to acquire the company's outstanding share capital.
APPE has refuted reports that parent company La Seda de Barcelona (LSB) has shelved plans to grow the plastics packaging business after failing to raise sufficient share capital.
SIG Combibloc has highlighted the strong growth potential of RTD coffee drinks in Brazil as it launches 250ml cartons there for the first time, with demand led by a 'dynamic, young consumer group' who consume beverages 'on the go'.
A hoax video claiming that the Coca-Cola Company planned to launch a 'Coca-Cola Bag' worldwide has duped the world media, leading the company to rush out a statement yesterday clarifying it was not the author of the media that went viral on...
The Coca-Company has made a further move into the dairy sphere, this time as a stakeholder in Mexican juice company Jugos del Valle, which has just sealed an agreement with dairy firm Santa Clara in the country.
