PHILIPPINES – Diageo Philippines, a unit of Diageo Plc, has divested its cocktail mixer brand Island Mixers to the Keepers…
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IWSR mulls Saudi Arabia could be the next big opportunity for the no-alcohol category
SAUDI ARABIA – As Saudi Arabia becomes more international in its outlook, IWSR says this could create opportunities for no-alcohol…
Read MoreDiageo’s 14.97% stake increase in EABL approved amid flat growth in half-year earnings by the subsidiary
KENYA – Diageo, the multinational alcoholic beverage company headquartered in the UK, through its wholly owned subsidiary Diageo Kenya Limited,…
Read MoreKirin Holdings completes sale of 51% stake for US$160m to Myanmar Brewery Limited
MYANMAR – Kirin Holdings has finalized the sale of its 51% stake in its Myanmar joint venture Myanma Economic Holdings…
Read MoreUnited Spirits’ Board approves sale of all equity shares in Sovereign Distilleries, Q3 profits dip by 64.4%
INDIA – The board of directors of United Spirits Limited (USL), a subsidiary of British multinational alcoholic beverage company, Diageo,…
Read MoreCastel acquires Algeria’s Alver glass factory to bolster sustainability drive of reducing plastic usage
ALGERIA – French beverage company, Castel, has strengthened its diversification strategy by developing green and local production with the acquisition…
Read MoreNo- and low-alcohol drinks to grow by 7% in the next four years driven by beer/cider catogory: IWSR
GLOBAL – IWSR data shows increased consumer demand for no- and low-alcohol beer/cider, wine, spirits, and ready-to-drink (RTD) products across…
Read MoreNestlé Health Science invests US$43m in boosting capacity at Wisconsin factory
USA – Nestlé Health Science has invested US$43 million in its Eau Claire, Wisconsin factory, to increase capacity to meet…
Read MoreWeissBioTech unveils two modules of brewing enzymes to improve brewing efficiency
GERMANY – WeissBioTech, a leading provider of tailored ready-to-use enzymes for the Food and Beverages Industries as well as related…
Read MoreDiageo to acquire fast-growing Philippine rum brand Don Papa for US$281m
PHILIPPINES – London -based multinational alcoholic beverage company Diageo is leaning Into Super-Premium drinks alongside whisky and tequila following reaching…
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