just the Round-up - The week in drinks

By | 14 January 2011

The week in drinks

The week in drinks

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

Carlsberg's CEO has used an interview to criticise hedge funds for artificially increasing the cost of raw materials as concerns grow about food commodity prices.

The managing director of United Spirits, Vijay Rekhi, has shrugged off flat profits and a fall in sales at the Indian group's Whyte & Mackay subsidiary.

The European Commission has launched a formal probe into a planned joint venture involving two of the world’s largest orange juice manufacturers – Brazil’s Votorantim and Fischer.

Gruppo Campari is to move distribution of Frangelico and Carolans in Australia in-house, ending a deal with Japan's Suntory.

Chilean winemaker Vina Concha y Toro has reported a 6% rise in net sales for 2010.

The UK arm of Diageo is to double its digital advertising spend on Smirnoff in the country this year, as companies' investments in online marketing continues to grow.

Constellation Brands is locked in a dispute over the ownership of Italian wine group Ruffino.

Heineken has boosted its already-dominant position in Nigeria with the purchase of five breweries in the country.

Brown-Forman has promoted its MD of North Asia, Michael McShane, to the position of MD for Asia Pacific.

The soft drinks arm of Anadolu Efes, Coca-Cola Icecek, has reported a strong rise in soft drinks sales by volume for 2010.

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

Companies: Carlsberg, Campari, Suntory, United Spirits, Whyte & Mackay, Diageo, Smirnoff, Gruppo Campari, Concha y Toro, Constellation, Heineken, Brown-Forman, Anadolu Efes

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