Moët Hennessy acquires stake in US rye whiskey company WhistlePig
USA – Luxury wine and spirits company of LVMH, Moët Hennessy has acquired a minority…
USA – Luxury wine and spirits company of LVMH, Moët Hennessy has acquired a minority…
UK – International spirits company, Quintessential Brands Group, has appointed James Lousada as its new…
USA – Eastside Distilling, an Oregon based spirits company, has appointed G. Stuart Schreiner as…
NIGERIA – Spivi, Danish beverage firm has launched a new product known as SMA SHOTS…
SOUTH AFRICA – Musgrave Crafted Spirits, South African based Gin producers in partnership with Distell,…
UK – World’s spirits giant, Diageo has unveiled a new range of Smirnoff Infusions flavoured…
SOUTH AFRICA – Prevailing tough economic conditions in South Africa are changing consumers drinking habits,…
Zimbabwe – Zimbabwean wine and spirits manufacturer, African Distillers Limited, recorded profit after tax amounting…
UK – United Kingdom Chancellor Phillip Hammond has announced that duty tax on wine will…
NIGERIA – The Federal government has signed-off on the implementation of a new tariff regime…
SOUTH AFRICA – Campari Group has agreed to buy Bisquit Dubouche et Cie (Bisquit) from…
KENYA – East African Breweries Limited (EABL) is constructing a Sh300 million spirits line at…
NIGERIA – The Spirit market in Nigeria is set to witness fervent competition as an…
CANADA – Campari Canada has announced an investment of US$5 million for the renovation and…
ZIMBABWE - Spirits and wine maker, African Distillers Limited (Afdis), says it will embark on…
USA – US spirits major Beam Suntory has posted net sales of US$6.47 billion in its third-quarter…
SOUTH AFRICA – Multinational brewing and beverage group Distell on Friday said during the first…
KENYA – Tycoon businessman Humphrey Kariuki has started production of whisky at his Thika-based alcohol…
ETHIOPIA – The Ministry of Public Enterprises (MoPE) has finally decided to privatise Assela Malt Factory and National Alcohol & Liquor Factory (NALA), both of whom have recently had their capitals raised.
SOUTH AFRICA – The financial cost of alcohol-related harms to South Africa’s economy is not worth the billions of rand the industry makes each year.
SOUTH AFRICA – Africa’s leading spirits and wines operator Distell has completed the acquisition of an initial 26% of the ordinary shares of Best Global Brands Limited for US$54.6 million, a leading spirits producer in Angola and Nigeria.
NIGERIA – Nigerian Breweries Plc, said on Friday that the benefits of the price increases it took in 2016 to mitigate the effects of skyrocketing inflation and foreign currency challenges continued into its first-half results.
KENYA – Hennessy, the world’s largest maker of cognac, has started distributing its products in Kenya to tap Africa’s second-largest luxury-goods market.
TANZANIA – An excise duty rise on beer and spirits can lead to an increase in the consumption of illicit brews and subsequent reduction in company earnings and government revenues, brewing industry players warn.