just the round-up - The week in drinks

By | 22 May 2009

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

PepsiAmericas, CABC JV

US: PepsiAmericas, Central America Beverage Corp sign JV deal

PepsiAmericas is to set up a joint venture with Central America Beverage Corporation (Cabcorp) to serve Caribbean and Central American soft drinks markets.

DPSG Q1 results

US: Dr Pepper Snapple Q1 sales down, raises FY guidance

Dr Pepper Snapple has reported net sales down 3% for the first quarter of 2009, largely due to the loss of distribution deals for Hansen Natural's Monster Energy drink, but raised earnings guidance for its full-year.

Scotch whisky in China

CHINA: Scotch whisky protection talks to be held

Scotch Whisky Association CEO Gavin Hewitt will this week hold fresh talks with Chinese officials on securing better protection for authentic Scotch in China.

Heineken UK departure

UK: Heineken's UK chief departs

The managing director of Heineken's UK arm has stepped down from the position with immediate effect.

Diageo, United Spirits latest

INDIA: KKR to join Diageo in United Spirits stake buy?

Private equity group KKR, the buyer of A-B InBev's Oriental Brewery, may join Diageo in buying a stake in India's United Spirits, according to a report.

Diageo in India

INDIA: Diageo silent on India unrest

Diageo has declined to comment on a report that the drinks giant has asked several of its mid-ranking and senior employees in India to leave the business.

Tax rises in the US?

US: Federal tax hike plan spooks drinks industry

Raising national tax on alcoholic drinks and sugar-sweetened soft drinks should be considered as a way of paying for healthcare reform in the US, an influential Senate Committee has said.

Britvic H1 results

UK: Britvic shares soar on H1 results

Britvic's share price has leapt to its highest point for almost a year after the group announced a sales rise for its fiscal first-half.

Coca-Cola Amatil trading update

AUS: Coca-Cola Amatil confident on profits rise

Coca-Cola Amatil has said that it expects high single-digit profits growth for the first half of 2009.

Labatt Brewing Co. and Brick Brewing

CANADA: Labatt Brewing Co. sues Brick Brewing

Labatt Brewing Co, the division of Anheuser-Busch InBev, has filed a lawsuit against fellow Canadian group Brick Brewing Co, accusing it of copying one of the group's beer labels.

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

Companies: Diageo, PepsiAmericas, Heineken, Dr Pepper, United Spirits, Scotch Whisky Association, InBev, Coca-Cola Amatil, Brick Brewing, Anheuser-Busch

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