Carlsberg considers Indian Listing to tap growing market for ‘foreign beer’

INDIA- Danish global brewer, Carlsberg Group is planning for local listing for its Indian operations in a bid to grow its market share in the beer business dominated by United Breweries. According to an article by the Bloomberg, Carlsberg may be attracted by the high valuations in the Indian stock market, where United Breweries trades…

Carlsberg India introduces a beer crafted ‘Carlsberg Smooth’

INDIA - Carlsberg India, the global brew company that produces and supplies beer, has announced the launch of Carlsberg Smooth, a premium mild beer made with the finest European Barley for a rich and smooth taste. According to the company, the new brew is a combination of classic and modern portfolio, with superior quality from…

AB InBev’s Nigerian Subsidiary Int’l Breweries restructures its board

NIGERIA - International Breweries Plc (IB Plc), the company unit of the world’s biggest brewer AB InBev has announced major restructuring of its Board of Directors after completing a three-way merger with Intafact Beverages Limited and the Pabod Breweries Limited. The Board has appointed Igwe Nnaemeka Alfred Achebe as its new chairman to succeed Sunday…

Coca-Cola launches clear, calorie-free beverage in Japan

JAPAN - Coca-Cola Japan, has released a clear, zero-calorie beverage in Japan, which had initially created the concept to appeal to Japanese consumers who desire new, innovative beverages during summer, and the drink was developed over the course of a year at Coca-Cola’s US headquarters. According to FoodBev, the drink does not feature the caramel…

Molson Coors expands its soft drink brand with acquisition of Clearly Kombucha

USA - US brewer Molson Coors has expanded its portfolio of soft drink brands with the acquisition of California-based Clearly Kombucha from Top Shelf Beverages for an undisclosed sum. Kombucha is one of the fastest-growing segments of the packaged soft drinks market, and Molson Coors stated that projections estimate that the category will grow more…

Coca-Cola reaffirms commitment to create a world without waste

USA - The Coca-Cola company, in collaboration with its bottling partners, Coca-Cola Beverages South Africa and Coca-Cola Peninsula Beverages has made a re-commitment to tackle the problem of waste pollution. Marking the World Environment Day, the company highlighted its progress in combatting plastic pollution over the years. Through its ‘World Without Waste’ initiative which it…

Heineken USA appoints Maggie Timoney as first female CEO

USA - Heineken USA has appointed Maggie Timoney, former Heineken Ireland CEO as its new CEO, the first woman to serve as chief executive at the Dutch brewing company Heineken International effective 1 September 2018. She succeeds Ronald den Elzen who took over the position in 2015 and will be returning at Heineken N.V headquarters…

Arla Foods signs strategic partnership with Starbucks

UK – Arla Foods, a global dairy company and co-operative, has signed a strategic partnership with Starbucks, a successful business partnership that allows Arla Foods to manufacture, distribute and market Starbucks premium milk-based ready-to-drink (RTD) coffee beverages for the EMEA region (Europe, Middle East and Africa.) According to the company, the two companies have signed…

Tanzania’s coffee production to increase 15% on ‘favorable weather’

TANZANIA - Tanzania’s coffee production will increase 15% from 1.15 million bags to 1.30 million bags in the year 2018/19 as a result of biennial bearing cycle and favorable weather conditions as reported by Tanzania Meteorological Authority (TMA). The USDA’s GAIN report indicates that ending stocks for financial year (FY) 2018/19 are forecast up by…

PepsiCo to launch 100% compostable, plant-based packaging

INDIA - The food and beverage company Pepsico has announced it will be launching 100% compostable, plant-based packaging for its Lay’s and Kurkure snacks products in the fourth quarter this year to address rising concerns around plastic pollution. The launch will enable PepsiCo India achieve 100% recovery and recycling of its plastic waste within a…