News & Analysis for the Beverage Industry
Constellation Brands has announced it will acquire The Prisoner Wine Company brands, a portfolio of five super luxury wine brands, while the company emphasizes the continued growth of premiumization and craft.
Constellation Brands made headlines last year when it purchased craft brewer Ballast Point Brewing for $1bn. The focus this year will be on expanding distribution of the craft brews nationwide, while an east coast brewery is also on the cards.
A compound found in red wine may reduce the risk of heart disease by changing the gut microbiome, according to a study.
Flavour firm Aromatech has developed a range of flavours specifically designed to appeal to African consumers based on local fruit - but European consumers looking for new, exotic tastes will also love them, it says.
The World Bank’s International Centre for Settlement of Investment Disputes (ICSID) has ruled a subsidiary of Owens-Illinois (O-I) is free to pursue the enforcement of a prior arbitration award against the Bolivarian Republic of Venezuela.