just the Round-Up - The week in drinks
By Olly Wehring | 18 November 2011
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The week in drinks |
The top ten stories published on just-drinks last week:
Gruppo Campari has fixed its gaze on Russia going forward, as it credits "sustained organic growth" in the first nine months of 2011.
UK-based GreenBottle is claiming a world first with its namesake paper wine bottle, likely to be launched in 2012.
The Coca-Cola Co has said it will invest US$2bn in India over the next five years in a bid to expand its soft drinks and RTD presence in the market.
The Scotch Whisky Association (SWA) has embarked on a lobbying mission to India as the prospect of a reduction in key import tariff barriers draws nearer.
The Coca-Cola bottling landscape in Mexico is ripe for consolidation, with Coca-Cola FEMSA and Arca-Continental in prime M&A positions, according to an industry analyst.
SABMiller will spend US$555m to increase capacity in Peru and across Africa as emerging markets continue to show strong promise for the group.
Embattled drinks group Belvédère has posted nine-month sales of EUR649.4m (US$878.3m), an increase of 8.1% on the same period of last year.
SABMiller is preparing for higher raw materials costs and more weak beer sales in Europe and North America in the second half of its fiscal year, but emerging markets continue to be strong.
The CEO of Diageo has warned that any renewal of the company's partnership with the owners of the Jose Cuervo Tequila brand would require “some revision” of the existing agreement.
Nelson Peltz's Trian Fund Management investment fund reportedly no longer owns shares in PepsiCo.
Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine
Companies: Campari, SABMiller, Gruppo Campari, Coca-Cola Co, Scotch Whisky Association, Belvedere, Coca-Cola FEMSA, Diageo, PepsiCo
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