just the Round-up - The week in drinks

By | 17 December 2010

The week in drinks

The week in drinks

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

Pioneer Foods and KWV Holdings have jointly confirmed that the South African food and drink group has tabled a takeover bid for the wine and spirits maker.

Sunny Delight Beverages Co has sold its Western European Sunny Delight juice drink business to Orangina Schweppes, while looking to up its focus on North America.

Belvédère has confirmed that it has put the sale of the Marie Brizard subsidiary and its distribution activities in Poland on hold, citing “strategic reasons.”

Coca-Cola Hellenic Bottling Co has made a EUR94m (US$125.9m) offer for the shares of Nigerian Bottling Company it does not already own.

Diageo aims to double the size of its business in the Middle East within the next five years by selling more premium drinks in travel retail at the region's key airports.

The UK arm of Diageo and Intercontinental Brands have agreed a final settlement over the latter's Vodkat RTD brand.

The Coca-Cola Co has said that the size of its business following the takeover of Coca-Cola Enterprises in North America will give it better protection against rising commodity costs.

UK trade body The Gin & Vodka Association has announced that it is to cease operations.

The value of fine wine has raced to its highest level on record, as Asia's thirst for prestigious bottles has helped auction houses to shake off their hangover from the global recession.

A key charity has dented the campaign for a tax on sugary soft drinks in the US by pulling its support for the policy.

Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine

Companies: Diageo, KWV, Marie Brizard, Coca-Cola Co, Coca-Cola Hellenic Bottling, Coca-Cola Enterprises

There are currently no comments on this article

Be the first to comment on this article

Related articles

just the Round-Up - The week in drinks

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

US: Diageo silent on SEC settlement

Diageo has declined to comment on a report that it is nearing a settlement with the US Securities and Exchange Commission over an investigation into bribery payments overseas.

Exclusive - GUATEMALA/UK: Diageo takes control of Zacapa

Diageo has secured a controlling stake in the Zacapa rum brand from Industrias Licoreras de Guatemala, just-drinks can exclusively reveal.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page