German government backs sugar tax plan
Germany's federal cabinet has approved draft legislation for a tax on sugary drinks. In a statement, the country's Federal Finance Ministry …
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Hijos de Rivera sets up Germany subsidiary
Spanish brewer Corporación Hijos de Rivera, the owner beer brand Estrella Galicia, has expanded its international footprint with a subsidiary …
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Strike action at Diageo site suspended ahead of talks
Strike action at a Diageo site in Scotland has been shelved ahead of talks between the spirits giant and union …
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Sale talks for Uncle Nearest assets continue, receiver says
Discussions on the sale of most of Uncle Nearest's assets are ongoing after a transaction with an unnamed buyer failed …
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Latvia tax authority refreezes Amber Latvijas Balzams accounts
Latvia’s State Revenue Service has reinstated a freeze on the bank accounts of Amber Latvijas Balzams. Last week, the spirits producer exited …
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Capturing true essence: How technology is powering modern ready-to-drink beverages
The global ready-to-drink alcoholic beverage sector is experiencing a major transformation driven by a shift in consumer expectations. Younger consumers, …
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Proda sees “compelling” opportunity for protein in functional drinks
Fledgling US brand Proda is optimistic about the use of protein in functional drinks amid rising consumer demand for the …
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PepsiCo estimates lower Poppi pay-out bill
PepsiCo has lowered the estimated value of an earn-out consideration it may owe the former owners of Poppi. The US drinks …
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Olvi share price drops on profit warning
Shares in Olvi tumbled today (13 October) after the Finnish drinks company issued a profit warning. In a stock exchange filing, …
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Nestlé earmarks more cash for Mexico
Nestlé is planning to spend another $1bn on its business in Mexico up to the end of 2030. The Swiss giant …
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Kirin taps HiteJinro for South Korea beer production
HiteJinro has started brewing Kirin Ichiban beer in South Korea through a new deal with Kirin Holdings. In a statement, the …
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LVMH’s wine-and-spirits sales continue to grow
LVMH has continued to see its wine-and-spirits sales improve, recording its third consecutive quarter of growth from the division. In the …
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Pernod eyes higher-abv RTD demand in UK, US with Malibu push
Pernod Ricard is launching higher-abv RTDs under its Malibu brand in the UK and North America. The company has rolled out …
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Cyberattack hits French supermarkets
Major French supermarket chains have been hit by a cyberattack that has affected their refrigeration systems. Dominique Schelcher, the CEO of …
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Carlsberg ‘ordered to shut brewery in India over emissions’
Carlsberg has reportedly been ordered by environmental authorities to close its brewery in the north-western Indian state of Rajasthan over …
