just Five Years Ago
Every month we look back at what was making the headlines five years ago. What happened? Why? And, where are they now?
Private-equity firm Kohlberg Kravis Roberts (KKR) was revealed in May to have had a bid for Treasury Wine Estates knocked back.
The Republic of Ireland has long been tagged, for good or bad, as being a hard-drinking nation. The charity Alcohol Action Ireland claims that Irish adults "binge-drink" more than any of their European compatriots.
Five years ago, the Coca-Cola Co signalled its first move to take a chunk of UK smoothie producer Innocent. The stake purchase would eventually lead, four years later, to Innocent giving up 100% of the company to the US soft drinks giant.
It's been five years since Constellation Brands offloaded a large chunk of its spirits interests by selling its “value” portfolio to Sazerac Company for US$334m.
Five years ago this month, reports started to emerge that Pernod Ricard was looking to offload its coffee liqueur brand Tia Maria.
Five years ago this week talk of Diageo taking a stake in United Spirits first emerged. It set in train a series of events that this year saw the Smirnoff producer secure control of the Indian spirits firm.
Around five years ago this week, a group of US-based scientists called on all energy drinks producers to include warning labels highlighting the amount of caffeine contained in their products.
Five years ago this week, the US was forecast to become the world's largest wine-consuming market by 2010.
Five years ago this week, it emerged that Bacardi had agreed to acquire a minority stake in premium Tequila producer Patron Spirits.
Five years ago this month, the global beer world changed forever. After a shorter-than-anticipated period of wrangling, US brewer Anheuser-Busch accepted a US$52bn takeover bid from Belgium brewer InBev, thus creating the world's biggest brewer.
Five years ago this week, Dr Pepper Snapple Group began trading as a stand-alone entity on the New York Stock Exchange. The move to becoming a separate publicly-traded company was the result of it being spun off by its owner Cadbury Schweppes.
It was five years ago this week that the brewing industry said its final farewell to Scottish & Newcastle. The UK-based company saw its shares cease trading on 25 April, 2008, after Carlsberg and Heineken teamed up to buy and then split up the firm.
It was five years ago this week that Beam Global Spirits & Wine – as Beam Inc was then known – started to come to terms with Pernod Ricard's last-minute grab of takeover target Vin & Sprit and the Absolut vodka brand at the end of March, 2008.
On 8 April 2008, SABMiller and Molson Coors cleared a major hurdle as they moved to set up MillerCoors, their beer joint venture in the US and Puerto Rico. As the European Commission gave the proposal its blessing, MillerCoors took a large stride towards reality.
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- just The Preview - Pernod Ricard's Q4 & FY
- Comment - Hybrid Spirits: Innovation or Laziness?
- just The Preview - Brown-Forman Q1
- Brown-Forman's Q1 Performance by Region, Brand
- Mast-Jägermeister targets UK off-trade boost
- SABMiller exec to become CFO at Beam Suntory
- Brown-Forman unveils Jack Daniel's UK push
- Champagne will not regain lost ground until 2018
- Bacardi announces CFO switch