The week in drinks

The week in drinks

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

Nestle has acquired a controlling stake in Chinese food and drink maker Yinlu Foods Group.

Coca-Cola Enterprises (CCE) has announced a planned settlement hearing for a series of class action lawsuits related to the sale of its North American bottling operations to The Coca-Cola Co in February.

Diageo is no longer seeking to acquire Stock Spirits, just-drinks understands.

Carlsberg's CEO has said that he remains "extremely optimistic" about Russia's beer market, despite two years of heavy declines in consumption.

The CEO of The Coca-Cola Co has said that another quarter of healthy growth and share gain in Germany means that the country is beginning to look like "a very positive story".

Fortune Brands has said that its plan to establish Beam Global Spirits & Wine as a standalone business in the second half of 2011 is on-track.

Coca-Cola FEMSA has reported an increase in profits for the first quarter of 2011, boosted by the acquisition of Grupo Industrias Lacteas.

Brown-Forman has secured a sponsorship deal with Major League Soccer (MLS) in the US for its El Jimador Tequila brand.

United Breweries has claimed a new record share of the Indian beer market after strong rises in full-year sales and profits.

Coca-Cola FEMSA has said that it will plans to expand capacity and improve efficiency in Brazil in order to satisfy rising demand and offset rising costs.