Nigerian Breweries and road safety agency promote Don’t Drink and Drive campaign

NIGERIA – Star Lager maker, Nigerian Breweries has together with the Federal Road Safety Corps (FRSC) held a mega rally on road safety in Lagos in a bid to curb the number of road accidents in the country. According to Beverage Industry News, the Don’t Drink and Drive rally campaign was the second of the…

Carlsberg delivers 7.4% growth in net revenue driven by higher volumes

DENMARK – The global brewer, Carlsberg Group has confirmed strong performance in the third quarter, with 7.4% rise in net revenue to US$2.68 billion driven by total organic volume growth and price/mix. According to the company, total volumes grew by 8.6%, impacted by the increased ownership in Cambrew, which was consolidated from 1 August. International…

Distell records flat group revenue on single-digit volume decline

SOUTH AFRICA - Distell Group, Africa’s leading wines and spirits company has said revenue for the three months ended 30 September 2018 was flat due to single-digit volume declines compared to the prior year, reports Business Day. The period has experienced a surge in excise duties which have not only affected revenues but also sales…

Nigerian Breweries appoints Steven Siemer as Non-Executive Director

NIGERIA - The Lager Beer and Stout maker, Nigerian Breweries has appointed Steven Lucien Marie Siemer to its Board as a Non-Executive Director effective 25th October, 2018, Beverage Industry News report. Prior to his appointment, Siemer was the Regional Finance Director for Africa, Middle East and Eastern Europe at Heineken N.V. He joined the Heineken…

Guinness Nigeria posts 14% increase in revenue despite declining beer market

NIGERIA - Guinness Nigeria Plc has reported 14% rise in revenue to US$395.07 million from US$347.93 million recorded in the 2017 financial year despite the continued decline of the beer market, reports Beverage Industry News. The beer market declined by 14% in volume during the year, driven by Ready-to-drink (RTD), stout and lager, which declined…

Global beer supply likely to reduce due to severe climate changes

WORLD – A study involving the University of East Anglia (UEA), has warned that the increasing widespread and severe drought and heat may cause substantial decreases in barley yields worldwide, affecting the supply used to make beer. According to the study, the notion of how big business will contribute to the fight against climate change…

Constellation Brands announces Bill Newlands as new CEO

USA - Constellation Brands, Inc., a leading beverage alcohol company, today announced Bill Newlands will assume the role of president and chief executive officer (CEO), succeeding current CEO Rob Sands, on March 1, 2019. According to the company, Newlands joined Constellation Brands in 2015 as executive vice president and chief growth officer. In 2016, he…

Diageo India sells office space in Bengaluru to DivyaSree Group

INDIA - World’s spirit major and beer maker Diageo plans to sell its 30,000 sq. ft. of UB Tower prime office space in Bengaluru to DivyaSree Group for US$380.41 per sq. ft. The deal, reported to be the highest ever fetched in the city’s office market will see Diageo sell and lease back the space…

Maharashtra government to start online sale and home delivery of liquor

INDIA - The state government of Maharashtra is planning to legalize online sale and delivery of liquor at home in the state, the first in the country that will see sale of alcohol on ecommerce platforms. Such a bold move represents the government’s effort to control drunk driving, Times of India reports. "The main objective…

Pernod Ricard owned Irish Distillers to invest US$197m in Ireland sites

IRELAND - Pernod Ricard-owned Irish Distillers, largest distiller of Irish whiskey, will invest over US$196.7 million at its sites in Cork and Dublin to meet a continued rise in demand for Irish whiskey. The company said it has added an additional mechanical vapour recompression evaporator, made by GEA Wiegand in Germany, to its Midleton distillery.…