Pernod Ricard to acquire Italian premium gin brand Malfy

ITALY – The global spirits company, Pernod Ricard has agreed to acquire the Italian super-premium gin brand Malfy from Biggar & Leith for an undisclosed sum. Malfy makes a range of super-premium gins distilled by the Vergnano family in the Italian region of Moncalieri, and already present in several international markets such as the United…

Global wine production on record high, Italy remains largest producer

WORLD - Global wine production reached record high level at 292.3MHL (millions of hectolitres) in 2018 as Italy remains the world’s largest producer, according to recent report by the International Organisation of Vine and Wine (OIV). The year’s production was exceptionally high compared to last year when production registered 8.2% decline to 246.7 MHL, with…

Coca-Cola Amatil pledges to use 70% recycled plastic bottles by 2019

AUSTRALIA – Coca-Cola Amatil has announced that it targets to make 70% of its plastic bottles entirely from recycled plastic by the end of 2019 as it looks to improve its environmental carbon footprint. The move is part of the global Coca-Cola company’s initiative to create a World Without Waste by increasing the recycled content…

Jack Daniel’s launches new golden whiskey in the United States

USA - Jack Daniel's, leading American whiskey brand has introduced a new golden whiskey called Jack Daniel’s No. 27 Gold Tennessee Whiskey in the United states. This comes after a successful launch of the range as a travel retail exclusive item and select markets in Asia. Jack Daniel’s No. 27 Gold Tennessee Whiskey has a…

Nestle Australia to launch new Milo without cane sugar

AUSTRALIA – Nestle Australia has announced that it is set to launch a new version of its Milo beverage, made without cane sugar in response to changing consumer needs towards healthier lifestyles. The latest version of Milo has 30% less added sugar and is a result of more than two years of development. According to…

Nestle and Carrefour partner to offer full brand traceability using blockchain

FRANCE – Nestle and the French retail giant, Carrefour have partnered to use blockchain technology to offer full traceability of famous mashed potato brand, Mousline purée. Customers in France will be able to have full access to blockchain data for the product, enhancing transparency across the entire supply chain. Consumers can use their smartphone or…

Diageo removes plastic packaging from Guinness, Harp beer packs

UK – The British alcoholic beverages company, Diageo has announced that some of its beer brands including Guinness, Harp and Smithwick’s will eliminate use of plastic packaging from its beer packs. The new sustainable beer packs will be on shelves on the island of Ireland from August 2019 and from Summer 2020 in Great Britain,…

Nigeria’s Golden Guinea Breweries reopens operation after US$9.98m investment

NIGERIA - Golden Guinea Breweries Plc, a beverage manufacturing company in Nigeria has re-opened its plant following a US$9.98 million (N3.6bn) cash injection to rejuvenate the brewery. According to a Beverage Industry News report, production operations in the firm were cut short in 2003 which has since then been engaging in efforts of bringing back…

Nigerian Breweries issues US$41.67m commercial paper to support its short-term funding

NIGERIA – Nigerian Breweries Plc has announced the issuance of US$41.67 million (N15bn) Commercial Paper (CP) as part of its US$277.78 million (N100bn) commercial paper programme to support the company’s short-term funding. The funding follows the company’s board decision to pay out the entire net profit of US$53.89 million recorded in 2018 as cash dividend…

Beam Suntory expands portfolio with new rosé and yuzu citrus Effen vodkas

USA – Beam Suntory has unveiled new variants of its EFFEN® Vodka, a super-premium and smooth vodka, looking to delight US consumers with new taste experiences. The two new flavors: EFFEN® Rosé and EFFEN® Yuzu Citrus are an expansion of the Effen vodka made from premium French wheat using a continuous distillation process, along with…