What's the difference between a great brand, and beautiful packaging design? Will PepsiCo's Drinkfinity concept be a hit in the US? And could sprinkling 'fairy dust' amounts of on-trend functional ingredients in your beverage - and...
Dr Pepper Snapple Group and Keurig Green Mountain are to merge and create Keurig Dr Pepper: a new beverage company with ‘a portfolio of iconic consumer brands and unrivalled distribution capability’ in North America.
Bacardi will acquire Patrón Spirits International AG and its ultra-premium tequila Patrón, valuing the company at $5.1bn.
PepsiCo Greater China Region's (GCR) Mike Spanos has taken on a new role as Chief Executive Officer, Asia, Middle East and North Africa (AMENA).
Starbucks Corporation has invested in Italian boutique bakery Princi and will be bringing the company’s products to its recently announced premium Starbucks Reserve Roastery sites.
Anheuser-Busch and Starbucks are partnering to launch Teavana RTD tea in the US.
Carlsberg plans to cut about 2,000 white-collar jobs worldwide and scale back on beer production at its brewery in Northampton.
Crown Holdings is to buy a Spanish manufacturer of two- and three-piece food cans and ends for a cash fee of €1.2bn.
PepsiCo has appointed a new chief executive officer for the Asia, Middle East and Africa (AMEA) region as it aims to bolster penetration in the region.
Bemis has acquired Foshan New Changsheng Plastics Films Co., (NCS) to build a platform in the Asia-Pacific region.
MeadWestvaco (MWV) Corporation has dropped the profit it expects from its Food and Beverage segment to between $45m-$50m after unanticipated costs and lower productivity.
Seasonal demand improvements are expected in North America and Brazil for paper and packaging but the supply chain in Industrial Packaging remains tight, according to International Paper.
SunOpta is boosting its aseptic packaging capabilities at two US sites with production slated to start during Q3 this year.
Milacron has bought Mold-Masters for CAD$975m (€714m) and said the deal opens up greater opportunities for global expansion.
Novelis has said it is undergoing a “heavy investment period” but added that the focus on key end markets will enable continued growth.
Crown predicted strong unit volumes in beverage and Bemis expects to push ahead after a year of re-organising the business, as both firms reported their Q4 and full year results.
Graphic Packaging has announced its second deal in the space of a couple of weeks as it looks to build on its European packaging business.
Graphic Packaging has agreed to acquire the European Food Carton Business of Contego for £71m to expand into new end markets.
Adept Technology has seen revenues and gross margin drop from Q1 2012 and said global cuts in spending led to delayed orders and slowed customer deployments.
Fosters to return A$500m to shareholders
Fosters intends to return at least A$500m to its shareholders, as the company tries to fend off the hostile offer SABMiller (SAB) made last week.
“Revolutionary” low energy separator for brewers launched at Drinktec
Up to 30 per cent less energy consumption is claimed for the new separator platform for beverages launched by Swedish engineering company Alfa Laval at last week’s Drinktec trade fair in Munich, Germany.
Swedish partnership debuts probiotic beverage
Probi, a Swedish probiotic specialist and major functional dairy, Skånemejerier, are teaming up to debut a probiotic beverage to complement a probiotic juice, ProViva, they have had on-market since 1994.
Snow-ed in: Domestic success drives Chinese beer domination
Bud Light may no longer be the world's heavyweight beer brand in terms of sales, with reports suggesting that it has lost ground to the regionally sold, China-based Snow, according to news reports.
Hoodia finds life after Unilever
Phytopharm, the UK start-up Unilever dumped in November after spending more than €20m euros in a failed attempt to develop a hoodia-based weight management product, says it is in discussions with major food and food supplements players about the South...
Budweiser brewer pledges Chinese commitment despite sale
Amidst ongoing restructuring of its global operations, Anheuser-Busch InBev says it has agreed to sell off its holding in Tsingtao Brewery, though remains committed to the wider Chinese beer market.
Sports Beverage Company uncorks new capacity
Californian drinks firm Sports Pouch Beverage Company has confirmed the purchase of its third filling machine for the packs, which is expected to boost production capacity by an extra 20m products over the next year.
News briefs: PepsiCo, Refresco and Viking beer ban
This week, PepsiCo is reportedly India bound to boost its beverage sales, Refresco looks to expand into European juice making and a beer with a Viking heritage comes into trouble over its branding.
News briefs: Coca-Cola and Cobra Beer
This week, news reports suggest that the Coca-Cola's new chief
executive may look to spend on his arrival, while production of one
of the UK's leading beer brands could be returning home.
News briefs: Cloetta Fazer, salty ice-cream and a confectionery conference
Rising costs cause Cloetta Fazer profits to drop, Haagen-Dazs puts
salt in ice-cream, and the UK Food and Drink Federation (FDF) holds
a conference on the changing confectionery market.
News briefs: AB Foods, Nestle, Cadbury and volatile commodities
The global commodity market continues to worry confectionery and
sugar firms, as AB Foods profit is dented by sugar reforms, Nestle
combats costs with price hikes, and Cadbury may be ripe for
News briefs: Pepsi, Pernod and space age hangover cures
In this week's briefs, PepsiCo targets Ukrainian juice demand,
Pernod Ricard shakes up its management, and hangover cures go
PepsiCo announces three-way split
PepsiCo today announced it will split its
operations into three separate units in a move to better
harness the growth of its snack and beverage businesses.
New ingredient takes the stick out of gum
A UK company claims to have developed a polymer that can remove the
stickiness of chewing gum, while still maintaining its taste.
Sara Lee plans coffee kick to beverages
Food and beverage group Sara Lee has announced plans for the future
growth of its hot beverage operations with an increased focus on
premium brands and emerging markets like Russia.
China Water & Drinks acquires stake in bottle maker
China Water & Drinks plans to acquire a stake in the
largest water packaging manufacturer in China, a bid by the company
to control its supply chain and bring down costs.
Rexam to buy Russian beverage can maker
As part of its bid to expand operations into emerging markets Rexam
today said it has agreed to buy a Russian beverage can maker for
Chr Hansen streamlines through paprika business sale
Chr Hansen has sold its paprika business activities and production
facilities in Spain and India to allow it to focus on value-added
activities, the company announced on Thursday.
Rexam to buy Owens-Illinois plastics division
Rexam, the world's top maker of drink cans, said today it will
buy the plastics plastics division of Owens-Illinois for US$1,565m
(€1,170m) in cash.
CCE execs get cash bonus ahead of job cuts
Top executives at Coca-Cola Enterprises will be awarded hundreds of
thousands of dollars for the firm's 2006 performance, despite last
week announcing a $1.7bn loss and a plan to cut 3,500 jobs.
Smart label senses quality of packaged meat
New smart label technology holds the promise of reducing the chance
of spoilt or contaminated meat reaching retail shelves and of
increasing consumer confidence in food safety.
Device packs cheese with thin, tough wrap
Under an agreement with Aviso Packaging, Outlook Group will market
a new technology designed for the wrapping of cheese with a
thinner, tougher material, the company claims.
Riverwood and Graphic Packaging announce post-merger strategy
Riverwood Holding, parent company of Riverwood International, and
Graphic Packaging International, have said that they will take the
name of Graphic Packaging Corporation upon completion of their
Accelerade becomes WBCA's 'official' sports drink
The US Women's Basketball Coaches Association (WBCA) has named
Accelerade, made by PacificHealth Laboratories, its official sports
drink. As part of the new partnership, PacificHealth will also
develop a nutrition education programme...