Crown confirms UK site closure
Crown Food Europe is to close one of its sites in the UK in July with more than 100 people affected due to supply exceeding demand.
Archives for April 16, 2013
DISPATCHES FROM 2013 INNOBEV GLOBAL BEVERAGES CONGRESS, WARSAW, POLAND
UK is beverage startup silicon valley: Entrepreneur
The UK is the current European hotspot for innovative beverage startups, due to listing opportunities that extend beyond the major multiples and an investment climate that favors small to medium enterprises.
Coca-Cola to hand back US distribution networks under refranchising strategy
Coca-Cola has revealed plans to begin handing back some of its US distribution network to independent bottlers – a move that is expected to improve the company’s profitability in North America.
Contract manufacturers count cost of horse meat saga
The horse meat scandal is set to cost European contract manufacturers tens of millions of euros as brand owners pass costs and losses up the supply chain.
DISPATCHES FROM THE 2013 INNOBEV GLOBAL BEVERAGES CONGRESS, WARSAW, POLAND
GSK brand Lucozade unlikely to attract multinational trade buyer: M&A expert
GSK brand Lucozade is more likely to attract a possible private equity buyer than a multinational food and beverage trade player that prefers brands with greater global potential, according to a top M&A expert.
Symrise backs sour cherry power for sports recovery
Symrise has launched what it says is the highest polyphenol concentration extract derived from European-sourced sour cherries. Sports recovery is the target market.