Mark Anthony Group founder to step down as CEO
White Claw owner Mark Anthony Group is to have only its second CEO in five decades. Anthony von Mandl, the founder …
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HiteJinro to promote VP Jang to CEO
Soju giant HiteJinro has designated company vice president In-seop Jang to the role of CEO. Jang is set to be officially …
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Illva Saronno snaps up Averna, Zedda Piras from Campari
Italian spirits company Illva Saronno has bought the Averna and Zedda Piras brands from Campari for €100m ($117m). Illva Saronno CEO …
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Purcari Wineries CEO “mutually” agrees exit
Purcari Wineries CEO Alexandru Filip is departing after he and the eastern European group “mutually agreed” to part ways. In a statement, Purcari said …
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Ocean Spray CEO Tom Hayes steps down
Ocean Spray Cranberries CEO Tom Hayes is retiring, the US food-and-drinks group has said. Hayes, a former Tyson Foods chief executive, …
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PepsiCo faces drinks lawsuit alleging “preferential pricing” for Walmart
PepsiCo is facing a lawsuit in New York over claims it provides “preferential pricing” to retailer Walmart for the US …
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FDI in 2026: regional experts weigh in on future trends
The past year has been turbulent for foreign direct investment (FDI). Political and economic shocks are now the norm, as …
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Asahi moves for Diageo’s Kenya business in $2.3bn deal
Asahi Group Holdings is to pay $2.3bn for Diageo’s business in Kenya, which includes the UK group’s majority stake in …
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Trinchero acquires Mumm Napa from Pernod Ricard
Trinchero Family Wine & Spirits has struck a deal to buy a clutch of US sparkling-wine assets from Pernod Ricard. California-based Trinchero …
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Treasury Wine Estates targets cuts amid US, China woes
Recently installed Treasury Wine Estates CEO Sam Fischer is bringing in a “transformation programme” that will include a review of …
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UK exports to EU down more than 20% since before Brexit, trade body says
Food and drink exports from the UK to the EU have dropped by almost a quarter in the past five …
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Lead Campari shareholder settles tax dispute
Lagfin, the Luxembourg-based holding company that controls the majority of Campari’s voting rights, has agreed to pay €405m ($474.5m) to settle a tax dispute …
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‘You can’t address climate change alone’ – Concha y Toro on importance of ‘collaboration’ in ESG
Investing in environmental sustainability is becoming all the more crucial for the wine sector, an agricultural industry that continues to …
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Hydrate Drinks Group founder buys UK firm from administration
UK soft-drinks firm Hydrate Drinks Group has been acquired from administration by an entity linked to the company’s founder. Liverpool-based Hydrate …
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Distilling giants point way for aged spirits in 2026
As we all contemplate what kind of year 2026 will be for spirits – after tariffs, conflict and macroeconomic gloom …
