Podcast: Tenzing eyes “functional” benefits as next phase in UK energy-drinks push
Tenzing is stepping up its efforts in functional energy-drinks, with founder Huib van Bockel arguing “only natural” is no longer …
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UK “must learn from other countries” to strengthen food supply chain
The UK needs to “learn” from other countries to protect its food supply chain against disruptions, a new report says. According …
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US brewer FIFCO USA renamed under new owner
US brewer FIFCO USA is being renamed North American Breweries (NAB) following its acquisition by private-equity firm Saothair Capital Partners. Saothair …
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Spain’s Félix Solís Avantis buys three Rioja wine brands
Spanish wine group Félix Solís Avantis has acquired three local wine brands: Federico Paternina, Lagunilla and Rioja Santiago. In a statement, …
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“People are really focused on the health and wellness aspect of their beverage” – Westrock Coffee CCO on functional drinks focus
US-based Westrock Coffee is a co-packer for non-alcoholic drinks businesses worldwide, though its home market is its largest, making up …
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US business improving “slowly”, Brown-Forman CEO says
Brown-Forman's business in the US is improving "slowly", which has, in part, boosted the group's outlook on its profits, outgoing …
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CVH Spirits to resume Scotch sales in South Africa
CVH Spirits says it is “re-establishing” its presence in South Africa by bringing back its premium Scotch portfolio to the …
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Charoen Pokphand Foods to invest in local bottled-water firm
Thai group Charoen Pokphand Foods (CPF) is taking a stake in a local bottled water producer called Brew Factory Company. CPF …
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Diageo to cut 300 jobs at North America HQ
Diageo is to cut 305 jobs at its North American headquarters in New York as the drinks group pushes ahead …
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Diageo pulls ESG measures from long-term exec rewards
Targets on responsible drinking and sustainability are no longer being used to determine long-term rewards for Diageo's management, with bonuses …
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“There is a big unmet need” – Unilever’s Gaurav Raisinghani on prospects for hydration brand Liquid IV
Unilever’s Wellbeing Collective has become one of the FMCG giant’s fastest-growing businesses, built around brands such as Liquid IV powdered …
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Tilaknagar invests in Tequila firm Black Tiger Distilleries
Tilaknagar Industries, the India-based spirits business, has bought a stake in local Tequila supplier Black Tiger Distilleries. In a stock-exchange filing, …
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Hydration brand Nuun sold as Nestlé offloads supplements assets for $1bn
Nestlé has found a buyer for the “mainstream” vitamins, minerals and supplements (VMS) brands it put under review last year. The …
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US Congress passes hemp ban delay
The House of Representatives in the US has passed a spending bill that includes a proposal to delay a proposed …
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Keurig Dr Pepper to sell stake – and factory – to Chobani
Keurig Dr Pepper has agreed to exit its shareholding in Chobani and sell a manufacturing and warehousing site to the …
