just the round-up - The week in drinks
The top ten most visited stories on just-drinks this week included news on V&S and A-B and cost pressures at Cott, whilst whisky dominated the spirits headlines.
Coke's Irish plans
IRELAND: Coca-Cola plans new plant in Wexford
The Coca-Cola Company is to submit a planning application for the building of a manufacturing and innovation facility in Wexford, Ireland.
Dr Pepper Snapple mini-tender offer
US: Dr Pepper Snapple Group distances itself from Mini-Tender Offer
Dr Pepper Snapple Group has been moved to announce its non-endorsement of a mini-tender offer in the US. The Cadbury_Schweppes-owned unit, which was spun off and floated in the US earlier this year, said it has seen an unsolicited "mini-tender offer" by TRC Capital Corporation to purchase up to 4m shares of its common stock, representing about 1.6% of DPS' outstanding shares.
Carlsberg ups Estonian presence
DENMARK: Carlsberg ups ownership of Saku Ölletehas
Carlsberg has increased its control of Estonian brewer Saku Ölletehas. Shareholders decided to sell just under 1.4m shares of Saku, constituting approximately 17.4% of all shares in the company.
BELGIUM: InBev reiterates US$65 offer to A-B shareholders
InBev has responded to Anheuser-Busch's rejection of its takeover bid by reiterating the perceived positives of its original offer.
SABMiller, Molson tie-up
US: SABMiller, Molson Coors open MillerCoors doors
SABMiller and Molson Coors have announced that their joint venture in the US and Puerto Rico is now open for business.
Glenmorangie strategic disposals
UK: Glenmorangie to sell two facilities
The Glenmorangie Company has signed an agreement with Diageo for the sale of its 33-acre Broxburn facility in a bid to withdraw from the bottling and sale of blended Scotch whisky.
Research - Good times ahead for Irish Whiskey
The entry of Diageo into the Irish whiskey market has further enlivened a sector already growing steadily thanks to the efforts of the other major global spirits force, Pernod Ricard. And a new report from just-drinks suggests there is more growth ahead for Irish whiskey.
BELGIUM: Pernod V&S purchase suffers EC decision delay
The European Commission has delayed its decision on Pernod Ricard's proposed acquisition of Vin & Sprit.
UK: Rising costs at Cott lead to UK price hikes
Cott Corporation has lined up price increases in the UK due to "escalating input costs". The Canada-based soft drinks company, which earlier this month said it will move to concentrate solely on private label beverages, said today (30 June) that its UK division has notified its customers of an increase in cost prices by an average 6.5%, in order to "help mitigate significant packaging and input costs".
US: Magic Hat makes Pyramid Breweries merger move
Independent Brewers United has made an offer to acquire all of Pyramid_Breweries' outstanding common stock for US$25.7m.
The head of a US-based finance group has tipped Anheuser-Busch InBev to be a good bet for investors in 2009....
Dr Pepper Snapple has announced the advert agencies that will work on the US soft drinks firm's brands in 2009....
Investor Nelson Peltz has increased his stake in soft drinks group Dr Pepper Snapple, via private investment group Trian Fund Management....
The husband of a senior executive at financial pr firm Brunswick Group has been formally charged with orhestrating an insider trading racket that included Anheuser-Busch shares....
Skinny Nutritional Corp, the marketer and distributor of Skinny Water, is to introduce a line extension of beverages containing a stevia sweetener in the New Year....
Dr Pepper Snapple has declared its interest in launching soft drinks containing sweeteners derived from the stevia plant....
Shareholders in Ireland's C&C Group, owner of Magners cider, have approved a performance-related bonus plan for the firm's new management team....
The top ten stories published on just-drinks this week....
- Diageo chief admits "tougher than expected" year
- Focus - Diageo's FY Performance by Region, Brand
- just The Preview - Diageo's FY preliminaries
- Will Diageo seize the day as "nadir" reached?
- Molson Coors CEO exit - Mega-Merger on hold?
- ASA bans Jägermeister TV ad
- Belvédère chairman to step down
- Diageo boosts exec committee
- Diageo silent over Shuijingfang writedown report
- Remy Cointreau names liqueurs & spirits CEO