Asahi Beverage merges its two alcohol businesses Asahi Premium and Carlton & United Breweries
AUSTRALIA – Asahi Beverages, a leading beverage company in Australia and New Zealand, has announced that…
Beverages
Diageo reports 8.4% decline in organic net sales in FY2020 “year of two halves”
UK – Diageo, multinational beverage alcohol company, has reported an 8.7% decline in net sales to…
COVID-19 impacting the alcohol consumption opening up new opportunities
GLOBAL – The alcohol beverage industry across the globe has taken a hit from the…
South Africa’s alcohol ban sees Consol Glass halt US$87.1m plant construction project
SOUTH AFRICA – South African glass packaging manufacturer, Consol Glass has indefinitely suspended construction of…
Delta Corporation reports decline in beer sales as sparkling beverages volume grow by 35%
ZIMBABWE – Delta Corporation, Zimbabwe’s largest beverage manufacturer has reported that its beer sales both…
Heineken reports 13.4% volume decline in HY witnessing gradual improvements
NETHERLANS – Dutch multinational brewer, Heineken has reported a 16.4% decline in net revenue to…
South African Breweries cancels US$143.7m investment slated for 2020 upgrades
SOUTH AFRICA – South African Breweries (SAB), subsidiary of AB InBev has pulled the plug…
Budweiser partners with NBA legend Dwyane Wade to launch non-alcoholic beverage
USA – Budweiser, America’s iconic beer has partnered with NBA legend, entrepreneur and advocate, Dwyane Wade…
Private equity firm RMB Corvest acquires stake in South African energy drink business Switch
SOUTH AFRICA – Private equity specialist RMB Corvest has formed a strategic partnership with Mark…
Coca-Cola to launch hard seltzer alcoholic beverage under its Topo Chico brand
LATIN AMERICA – Coca-Cola has announced that it will be launching a hard seltzer under…
EABL reports double digit decline in profit triggered by dwindling sales in second half year period
KENYA – The East African Breweries Limited (EABL) has announced a 39% decline in net…
Diageo seeking to aggregate its share holding in East Africa Breweries Limited through intra-group share transfer
KENYA – Diageo plc, multinational alcoholic beverages company, holding 50.03% stake in East African Breweries…
Kenya bans sale of alcohol as coronavirus infections surge
KENYA – The HoReCa industry in Kenya has been meet with a big blow following…
Heineken launches “Back to the Bars” campaign cheering the HoReCa industry and upholding safety measures
NETHERLANDS – The Dutch brewing giant, Heineken has launched a new through the line campaign…
Nestlé Pure Life launches fruit flavored water collection for kids
USA – Nestlé Pure Life, world’s largest bottled water brand, has launched a new refreshing fruit flavored water…
Beverage company Vive Organic raises US$13m in Series B funding round to accelerate its business
USA – Vive Organic, immunity-boosting beverage company, has closed a US$13 million in Series B funding round led by Monogram…
Coca-Cola appoints Mehdi Alami as Managing Director for Morocco franchise
MOROCCO – The Coca-Cola Export Corporation has announced the appointment of Mehdi Alami as the…
Ghana grants Kasapreko US$28m tax waiver to support revival of defunct distillery
GHANA – The Parliament of Ghana has granted a US$28 million tax waiver to Kasapreko company…
The Coca-Cola Company records 28% decline in revenue in the its second quarter impacted by COVID-19
USA – The Coca-Cola Company has reported a 28% decline in its second-quarter net revenue…
Pernod Ricard partners with Ojo de Tigre to strengthen its mezcal category
MEXICO– Wines and Spirits giant, Pernod Ricard, has announced its collaboration with super premium mezcal brand…
Constellation Brands acquires minority stake in direct-to-consumer Booker Vineyard
USA – Constellation Brands, a producer and marketer of beer, wine and spirits, has purchased a minority…
Three more brands of Nestlé Waters North America to convert their packaging to 100% recycled plastic
USA – Nestlé Waters North America (NWNA) has announced that three more of its US domestic…
Castel Group’s Ethiopian subsidiary BGI to debut new beer products
ETHIOPIA – BGI Ethiopia PLC, subsidiary of the Castel Group is set to introduce two…
Chi Limited launches new Chivita Happy Hour Flavoured Drink in orange safari flavour
NIGERIA – Chi Limited, a major producer of juice brands in Nigeria has launched the…