just the Round-Up - The week in drinks
By Olly Wehring | 11 January 2013
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The week in drinks |
The top ten stories published on just-drinks last week:
Diageo has circumnavigated many years of work building up a spirits distribution network in India by buying a majority stake in United Spirits, according to a senior executive from one of the Indian group’s sister companies.
Pernod Ricard has the edge over Diageo in terms of investor value partly due to its lower exposure to Europe’s struggling economies, according to an analyst.
Carlsberg holds more potential for investors than its rivals brewers this year as its Russian performance continues to improve, according to an analyst.
Bacardi has confirmed the acquisition of French liqueur brand St-Germain.
Budweiser Black Crown – a stronger version of Anheuser-Busch's flagship beer – will go on sale in the US on 21 January and will be advertised during TV coverage of the Super Bowl.
Champagne Nicolas Feuillatte (CNF) has posted a slight dip in full-year volumes, but still delivered its “second biggest performance” in its history.
A full public consulutation on the safety of aspartame has been launched by the European Food Safety Authority (EFSA) today (8 January).
The Wemyss family, owner of Wemyss Malts, is to sink GBP3m (US$4.8m) into a new distillery in Scotland, with production set to start next summer.
Constellation Brands' boss has said last year's California harvest will produce “fantastic wines”, but a rise in grape prices is set to hit the whole industry.
The US beer market will avoid suffering the same fate as Europe's, as the country's employment-led recovery boosts growth, according to an analyst.
Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine
Companies: Diageo, Pernod, Carlsberg, Bacardi, United Spirits, Ricard, Anheuser-Busch InBev, Constellation
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