AB InBev to sell Australian business to Asahi Group for US$11.3b

AUSTRALIA – AB InBev has agreed to sell its Australian business unit, Carlton & United Breweries (CUB) to Asahi Group Holdings, Ltd for AUD 16 billion (US$11.3 billion). As part of the transaction, AB InBev […]

Sainsbury’s to launch UK’s first no and low alcohol pub

UK – UK’s leading supermarket, Sainsbury’s is set to launch industry’s first pub that will only serve non-alcoholic and low alcohol drinks for consumers who want to enjoy these categories. Taking a model similar to […]

Global spirits companies create World Spirits Alliance

SWITZERLAND – Global spirits companies and organisations have come together to form the World Spirits Alliance, an international trade association representing the interests of the spirits industry. Formed in Geneva Switzerland, the alliance brings together […]

ZX Ventures acquires UK beer subscription service BeerBods

UK – AB-InBev’s investment arm, ZX Ventures has secured a deal to acquire UK online beer club and subscription service, BeerBods. BeerBods said in a statement that it has entered into an exclusive partnership with […]

Diageo unveils new Johnnie Walker Black Label Origin Series

SCOTLAND – World’s leading spirits producer Diageo has unveiled the Johnnie Walker Black Label Origin Series range featuring a blend of whisky from four Scottish regions. The new range comes in four variants comprising of […]

Corona beer unveils interlocking cans to reduce plastic packaging

MEXICO – Beer group, Grupo Modelo has unveiled interlocking cans for its Corona brand to replace six-pack rings in an innovative approach to tackle the problem and impact of plastic waste on the environment. The […]

Pernod Ricard appoints Thibault Cuny to head business in India

INDIA – Global spirits producer, Pernod Ricard has appointed Thibault Cuny (44) as new Chief Executive Officer who will lead the company’s operations India, report ET Retail. Cuny, who was managing director of Brazil succeeds […]

Pernod Ricard unveils new designs for Malibu rum portfolio

NEW ZEALAND – Pernod Ricard has launched a new design for Malibu portfolio including a refreshing look for its iconic bottle range and ready-to-drink (RTD) cans. Set to attract millennial consumers, the make-up involves an […]

AB-InBev’s ZX Ventures buys remaining stake in Jewish brand Babe Wine

USA – AB-InBev’s venture capital arm, ZX Ventures is set to acquire the remaining stake in the American wine brand, Babe Wine, expanding its industry leading portfolio of wine brands. AB-InBev, the world’s biggest brewer […]