CK Asset to acquire UK pub company Greene King for US$3.27bn

UK- CK Asset Holdings, a Hong-Kong based property investment firm has entered into an agreement to acquire UK pub and beer company Greene King for US$3.27 billion (£2.7 billion). Greene King, Britain’s largest pub retailer […]

Danish Brewing acquires Carlsberg distributor in Kenya King Beverage

KENYA – Danish Brewing East Africa Limited, a subsidiary of Bounty Global Management firm, has acquired Carlsberg and Tuborg beers distributor in Kenya, King Beverage Limited from Centum Investment. Established in 2014, King Beverage enjoys […]

Crown Beverage opens new graphics studio to optimize packaging design

USA – Crown Beverage Packaging North America, a business unit of Crown Holdings, has opened a new graphics studio in North America to help beverage brands expedite product launches. The 14, 000 square feet facility […]

Molson Coors commits to achieving sustainable packaging by 2025

CANADA – Molson Coors Brewing Company has announced that has launched a new set of global packaging goals and plans to make 100% of its packaging reusable, recyclable, compostable or biodegradable by 2025. Molson is […]

Rwanda’s Skol Brewery introduces new look for Skol lager

RWANDA – Skol Brewery, has unveiled a new look for one its beer brands, Skol Lager, in a new campaign that seeks to increase its dominance in the alcoholic beverage market. With no changes on […]

Japanese Brewer Kirin to acquire stake in health food maker Fancl for US$1.22bn

JAPAN – Kirin Holdings, Japan’s second-largest brewer says that it will spend US$1.22 billion (129.3 billion yen) to purchase a 30.3% stake in cosmetics and health food maker Fancl. The investment is part of Kirin’s strategy of […]

Coca-Cola launches coffee infused cola drink in South Africa

SOUTH AFRICA – The Coca-Cola Company is introducing the first coffee infused cola drink the ‘Coca-Cola Plus Coffee’ in South Africa. Coca-Cola Plus Coffee infuses the taste of Coca-Cola with 100% Brazilian coffee bean powder […]

Carlsberg reports strong first half boosted by Asia, premium beers sales

DENMARK – Global brewing company, Carlsberg has reported strong first-half results, with solid profit improvement of 17.7% boosted by premium beer and sales in the Asian market. The Tuborg and Holsten owner reported a 6.5% […]

Rwanda’s Bralirwa reports 3.9% growth in half year revenue to US$51.32m

RWANDA – Bralirwa Plc, the producer of Heineken Beer in Rwanda, reported 3.9% growth in revenues to US$51.32 million (Rwf42.1bn) for the half year period ending 30th June 2019, driven by volume growth. Despite a […]