just the Round-Up - The week in drinks

By | 19 April 2013

The week in drinks

The week in drinks

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

Distell has acquired Scotch whisky firm Burn Stewart Distillers from CL World Brands and Angostura Limited for ZAR2.2bn (US$244m).

The NASDAQ stock market has delisted the shares of Central European Distribution Corp, after the company filed for bankruptcy last week.

LVMH has reported a lift in sales from its wine and spirits division, Moet Hennessy, in the first quarter of 2013.

Brown-Forman has unveiled the first TV campaign for its Gentleman Jack Rare Tennessee Whiskey since the brand was launched in 1988.

The Coca-Cola Co has posted a drop in Q1 sales and profits and announced a proposed shake-up of its US bottling operations.

William Grant & Sons has appointed a new group finance director. 

Diageo has highlighted slowing growth in two important emerging markets in its third quarter, but sales in the year-to-date remain in line with expectations.

Rémy Cointreau has posted another double-digit sales increase in full-year sales despite admitting to “more modest” growth for its Cognac division.

SABMiller has said that its latest fiscal full-year performed in line with expectations, as sales delivered a year-on-year increase of 7% in value terms.

German group Behn has acquired vodka brand Danzka from Belvedere for EUR19.4m (US$29.6m). 

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

Companies: Distell, Brown-Forman, CEDC, Diageo, Coca-Cola Co, CL World Brands, William Grant, Cointreau, LVMH, SABMiller, Belvedere

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