Blog: The just-drinks Weekly Round-Up
Olly Wehring | 27 May 2014
On just-drinks last week:
- After having to deny recent M&A speculation, Treasury Wine Estates confirmed on Tuesday that it has received a full takeover offer. The US$2.85bn bid by private equity firm Kohlberg Kravis Roberts & Co has been turned down by Treasury’s board, who clearly prefer to see if the company’s new CEO can turn its fortunes around. My question is: Will Michael Clarke be given enough time to put his plan into effect?
- Britvic continues its turnaround, with half-year figures last week showing a soft drinks company in rude health. After its UK headaches, which brought into view an aborted merger with AG Barr a year ago, Britvic is looking to the US to augment its improving performance back home. Also in soft drinks, Richard Corbett looked at Monster Beverage Corp to see what the energy drink producer has been doing right of late.
- With contrasting fortunes for sales and profits in its most recent fiscal year, SABMiller saw its performance in the 12 months to the end of March hinge once again on the emerging markets of the world. That said, several markets in Africa provided the brewer with a range of issues that CEO Alan Clark hopes won’t hang around for too long.
- In spirits, meanwhile, we saw the Drambuie Scotch whisky liqueur go up for sale last week. With the brand being produced under licence by Morrison Bowmore Distillers, an acquiror seems immediately obvious. But, has Morrison Bowmore’s parent company, Suntory Holdings, got any money left, having bought Beam Inc for US$16bn last month?
A couple of months ago, US-based Saltwater Brewery developed 'edible six-pack rings' in an effort to curb threats to wildlife....
Last month, SPI Group unveiled its latest advert for Stolichnaya in the US. Its an amusing little number that caries the instruction: Drink what you want. The “I am man” ad looks to distance Millennia...
Who do you work for? I ask, merely to draw your attention to just-drinks’ company pages....
The wine arm of India's United Spirits has launched its first new product since the unit came under Diageo control....
This weekend sees yet another “International Day” for a drinks category. Lucky us. Anyway, ahead of Sunday’s International Cachaça Day, here’s a wealth of information on Brazil’s national spirit, cour...
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- Can craft breweries compete in lager arena?
- SABMiller's Q1 2017 results - Preview
- Remy Cointreau's Q1 performance by brand, region
- A snapshot of the UK spirits market - Focus
- New Hendrick's Gin would have to be "unusual"
- AB InBev faces US$7bn price rise for SABMiller
- Diageo starts formal talks over UK pension cuts
- Brown-Forman takes distribution in Spain in-house
- AB InBev halts VAIP incentive plan
- Adultifying Soft Drinks; Capitalizing on rising adult demand for non-alcoholic beverages
- Global RTD insights - market forecasts, product innovation and consumer trends
- Global travel retail insights - market forecasts, product innovation and consumer trends
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends