News & Analysis for the Beverage Industry
BREAKING NEWS
Unilever has signed an agreement to acquire Australian tea firm T2 citing the firm’s double-digit growth and significant potential, and says the deal will add a premium tea business to its portfolio.
Australia’s peak body for beverage manufacturers has come out strongly against media claims that the country’s teenagers may be at risk with over consumption of caffeinated energy drinks.
Wild Flavors has partnered with Turkish fruit processing firm Limkon to sell ingredients for high juice content beverages in Turkey.
Big brand sale
Sources close to GlaxoSmithKline have confirmed that the sale of its iconic Lucozade and Ribena brands to expanding Japanese beverage giant, Suntory, will proceed for a sum closer to initial estimations of £1bn (€1.18bn/$1.55bn), but an industry analyst...