News & Analysis for the Beverage Industry
With the US Department of Justice (DOJ) gunning to takedown AB InBev’s $20bn takeover of Grupo Modelo, the firm likely prefers peace talks in the Sheriff’s office to a High Noon-style shootout.
Crown Holdings has signed a deal with Austin-based HeatGenie to accelerate efforts to bring the latter’s self-heating for beverage and ‘sippable soup’ packaging technology to market in 2013.
While the growth of the US energy drinks and shots market has been nothing short of explosive - last year it was worth $12.5bn, up 60% since 2008 - manufacturers will need to attract new users if they are to sustain such meteoric levels of growth, says a...