just the Round-up - The week in drinks
By just-drinks.com editorial team | 25 February 2011
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The week in drinks |
The top ten stories published on just-drinks this week:
Diageo has signed a deal to acquire Turkey's leading spirits producer, Mey Içki, in a US$2.1bn deal that will enhance the Smirnoff maker's presence in emerging markets.
E&J Gallo Winery's vice president of marketing has extolled the virtues of family-owned companies in the wine industry.
Coca-Cola Amatil (CCA) has denied that its joint-venture with brewer SABMiller is close to ending, pending a possible takeover bid by SABMiller for Foster's' Australian beer arm.
Anheuser-Busch InBev's Canadian subsidiary, Labatt Breweries, has said it is taking legal action to prevent the National Hockey League handing a sponsorship contract to its arch-rival, Molson Coors.
The Coca-Cola Co has joined forces with HJ Heinz in a partnership that will see the sauce maker produce its ketchup bottles using the soft drinks firm's sustainable PlantBottle packaging.
South Africa's Government has hiked excise duty on spirits, despite falling sales for several producers in the country.
Russia's Parliament has backed a bill that will define beer as an alcoholic beverage for the first time, in a move that could prompt further sales restrictions for brewers.
Stock Spirits Group has not given up on acquisition targets in Central and Eastern Europe, even though its private equity owner is believed to be considering selling the business.
Coca-Cola Enterprises is better protected against rising commodity costs in Europe than UK soft drinks firm Britvic, analysts have said.
Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine
Companies: SABMiller, Diageo, Gallo, Amatil, Coors, Smirnoff, Foster’s, Anheuser-Busch InBev, Coca-Cola Co, Coca-Cola Enterprises
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