just the Round-Up - The week in drinks

By | 14 December 2012

The week in drinks

The week in drinks

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

A report in a UK newspaper today (9 December) has claimed that Diageo and Suntory held talks earlier this year with a view to making a move for Beam Inc.

Beam Inc has declined to comment on reports linking Diageo and Suntory to a takeover bid for the US spirits firm.

Talks between Diageo and the Beckmann family have collapsed, leaving the latter without a global distributor for its Jose Cuervo Tequila brand and the former with a clear gap in its spirits portfolio.

Suntory Holdings has spoken out after reports claim that it plans to raise up to US$6bn by selling shares in its soft drinks and food business.

Coca-Cola Amatil's (CCA) second-half domestic volumes have been hit by “price-driven competitor activity” but it still expects to report a 4-5% rise in group net profits for the full year. 

Monster has signed a distribution deal with AmBev to distribute its energy drinks in Brazil. 

Barr Britvic could be on Suntory Holdings' shopping list in the UK when the Japanese group looks at international acquisitions, according to an analyst.

Southern Comfort is bouncing back for Brown-Forman with a “dramatic improvement” in US sales, the company has said. 

Wessanen, a Dutch food group, has postponed the sale of its American Beverage Corp (ABC) unit “until a later date” due to the lack of a confirmed buyer.

The Brewers Association has accused global beer companies of trying to “blur the lines” between their products and "genuine" craft beers.

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

Companies: Suntory, Diageo, Beam Inc, Amatil, AmBev, Britvic, Brown-Forman, Southern Comfort

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