The week in drinks

The week in drinks

The top ten stories published on just-drinks this week:

UKRAINE: Russian Standard leads Nemiroff chase - report

Russian Standard has declined to comment on reports that it is a front-runner to acquire Nemiroff Ukrainian Vodka Company.

BRAZIL: Citrosuco and Citrovita to create orange juice giant

Brazilian orange juice firms Citrosuco and Citrovita are to join forces in a deal that will create the world’s largest orange juice company, according to reports.

FRANCE: Study pours doubt on PET packaging for wine

Plastic bottles and bag-in-box packaging may be not be as good for storing wine as originally thought, according to a new study by Bordeaux's Institute of Vine and Wine Sciences (ISVV).

UK: Britvic to buy French firm Fruité

Britvic has submitted a binding offer to acquire independent French soft drinks maker Fruité for EUR237m (US$294m).

GLOBAL: Fruit juice sales recovery expected - research

Global fruit juice sales are expected to recover in 2010, despite the downward trend of 2009 results, with Mexico, India, and China among the top countries poised for growth.

GLOBAL: SABMiller cautious as profits disappoint

SABMiller has said it does not expect an upturn in consumer spending in several key beer markets for the next six months, after full-year earnings disappointed investors.

UK: Wine industry still in recession - just-drinks survey

The majority of the UK wine trade still believes that the industry is in recession, but optimism levels have increased over last year as the sector comes to grips with a new business landscape, a survey conducted for just-drinks has found.

UK: Tesco backs minimum price for alcohol

The UK's largest supermarket chain, Tesco, has publicly backed a minimum price for alcoholic drinks after the country's new Government promised a tougher approach to harmful drinking.

RUSSIA: Budweiser to bolster Anheuser-Busch InBev in Russia

Anheuser-Busch InBev has reacquired the licence to brew and sell Budweiser lager in Russia as the brewer looks to regain market share by improving its presence in the country's premium beer sector.

AUS: Diageo's Australasian head to step down

The commercial director of Diageo's Australasian operations has decided to leave the company.