just the Round-Up - The week in drinks
By just-drinks.com editorial team | 8 July 2011
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The week in drinks |
The top ten stories published on just-drinks this week.
FRANCE: Pernod Ricard promotes Alex Ricard in exec shuffle
Alexandre Ricard has climbed another rung on the Pernod Ricard ladder, after the group announced that he will leave Irish Distillers and take up the post of global MD for distribution.
ARGENTINA: Anheuser-Busch InBev Quilmes to spend US$730m
Anheuser-Busch InBev's Quilmes brewer is to spend ARS3bn (US$730.2m) up to 2015 to meet growing consumer demand for beer in its native Argentina.
IRELAND: Diageo eyes St James's Gate brewery revamp
Diageo is considering a fresh investment plan to redevelop part of its St James's Gate Guinness brewery in Ireland.
RUSSIA: Carlsberg shares tumble on regulation fears
Carlsberg shares have tumbled after Russia's parliament voted to back new sales restrictions on alcohol.
Comment - Schincariol Sale Mired in Uncertainty
SABMiller is tentatively emerging as the frontrunner to acquire Brazil's Schincariol, but family politics and tax issues appear to have made all potential buyers wary.
JAPAN/AUS: Asahi Group to buy P&N Beverages in revised deal
Asahi Group Holdings has entered into a fresh agreement to purchase P&N Beverages in a JPY16.3bn (US$202m) deal that has been revised to satisfy Australia's competition watchdog.
GLOBAL: Sugar prices rise on potential Brazil shortfall
The Food and Agriculture Organisation (FAO) sugar price index rose by 14% from May to June as the market reacted to a predicted shortage in Brazil.
just On Call - SABMiller ups Latin America volume forecast
SABMiller believes that stronger consumer demand for beer and more efficient production, backed by strong lobbying, are set to see Latin America continue to emerge as a key region for the brewer over the next five years.
AUS: Bright Food denies Treasury Wine Estates interest - report
China's Bright Food Group has denied that it is interested in acquiring Treasury Wine Estates, according to reports.
UKRAINE: Nemiroff restarts production after shareholder blockade
Nemiroff has resumed production after a majority of its own shareholders blocked operations at its distillery due to an ownership dispute.
Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine
Companies: Ricard, Pernod, InBev, Diageo, Carlsberg, Asahi, SABMiller, Guinness
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just the Round-Up - The week in drinks
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