just the round-up - The week in drinks
By just-drinks.com editorial team | 12 December 2008
The top ten stories published on just-drinks this week:
Pepsi Bottling Group US acquisition
US: Pepsi Bottling Group closes Lane purchase
The Pepsi Bottling Group has completed its acquisition of Lane Affiliated Companies in the US.
Anheuser-Busch InBev UK brewery threat
UK: Anheuser-Busch InBev review threatens Budweiser brewery
Newly formed brewing giant Anheuser-Busch InBev may look to sell off its Budweiser Stag Brewery as part of a restructuring progamme in the UK, analysts believe.
Diageo and Guiness
IRELAND: Diageo makes Guinness brewery global R&D hub
Diageo plans to invest EUR24m over the next three years to make its St James's Gate brewery in Ireland a global R&D centre for the group's beer operations.
Grupo Cordoniu in UK
UK: Grupo Codorníu unveils new wine brand
Grupo Codorníu is launching a new wine brand in the UK, as sales of higher priced Spanish wines grow.
SABMiller and Sudan
S AFRICA: SABMiller to produce beer in Sudan
SABMiller Africa plans to begin brewing a new lager in Southern Sudan, following the opening of a brewery in the country's capital.
Belvedere sales in year-so-far
FRANCE: Belvedere sales rise, warns on profit
French wine and spirits group Belvedere has reported a 22% revenue rise in the first nine months of 2008, but warned that it was likely to miss operating profit targets.
Cobra Beer sale
Cobra Beer is circulating a sales memorandum to potential buyers, declaring its willingness to split its UK and Indian businesses, sources close to the situation have confirmed to just-drinks.
Heineken, United Breweries in India
INDIA: Heineken, United Breweries in deal talks
Heineken may pay around US$100m as a commercial distribution fee to India's leading brewer, United Breweries, headed by Vijay Mallya.
Change at Coca-Cola Co.
US: Coca-Cola chairman Neville Isdell steps down
The Coca-Cola Co. chairman Neville Isdell has said he is to step down, clearing the way for current president and CEO Muhtar Kent to replace him.
Coca-Cola Hellenic Bottling Co. in Italy
GREECE: Coca-Cola Hellenic seals Socib deal
Coca-Cola Hellenic Bottling Company has said it has completed its takeover of Socib, Italy's second-largest franchise bottler of Coca-Cola soft drinks.
Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine
Companies: Pepsi Bottling, Anheuser-Busch InBev, Anheuser-Busch, Diageo, SABMiller, Belvedere, Cobra Beer, Heineken, United Breweries, Guinness, Coca-Cola Co, Coca-Cola Hellenic Bottling
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