News & Analysis for the Beverage Industry
NESTLE PRUNES US BEVERAGE PORTFOLIO, INKS COFFEE-MATE DEAL WITH KEURIG
Brynwood Partners has bought Nestlé USA brand Juicy Juice for a multi-million dollar deal and reportedly insists the brand can still be hugely successful in a troubled juice category the Swiss multinational has jumped out of.
The European Court of Auditors (ECA) says specific investment and promotion funds for EU wine is not justified and argues that money is often used to consolidate markets not penetrate new ones.
Whispers of a $171bn+ merger between Diageo and SAB Miller have led to share spikes for both companies over the past couple of days and follow chatter about SAB tying-up with AB InBev.
Australia
With champagne corks popping at Wimbledon this week—an expected 28,000 of them over the course of the SW19 fortnight—Australian drinks marketers would be advised to tap into the bubbly market back home, according to new research.