Alcohol In Moderation

Beverage industry company news

Subscribe via RSSWhat is RSS?

Latest News

RUSSIA: Molson Coors forced to quit Russian market

19 Jan 2006

Molson Coors has been forced to quit the Russian market after Heineken refused to continue a licensing agreement agreed last year by its recent acquisition, Ivan Taranov Breweries.

NZ: Montana bullish about prospects under Pernod

19 Jan 2006

New Zealand’s Montana Wines has insisted its expansion plans remain on-track, despite Diageo’s decision to turn down the chance to buy its flagship brand.

Healthy Hero takes UK bow

17 Jan 2006

The success of Hero Foods’ natural fruit drink Fruit2day not only confirms the strength of the wellness trend but the willingness of consumers to pay a premium for beverages with real health credentials. The company is following up successful launches in Germany and the Netherlands with a UK debut and is also looking further afield. Ute Ballay reports

Drinks producers hail Chinese water improvement

10 Jan 2006

Soft drinks companies are likely to be major beneficiaries of improvements in China’s water supply, writes Tamara Vantroyen. Although partly as a result of the erratic supply and poor quality of its water, China has proved a strong market for bottled water brands, with both Coke and Pepsi establishing a strong presence.

UK: Cobra plans London listing to fund expansion

10 Jan 2006

Cobra is to float as part of aggressive growth plans designed to create a US$1bn company within the next ten years.

RUSSIA: Vladpivo gets World Bank cash injection

4 Jan 2006

The World Bank’s International Finance Corporation (IFC) is supporting a US$58m investment programme for upgrading the Vladpivo brewery, in Trudovoye, near Vladivostok, in the far east of Russia.

FRANCE: Belvedere looks West with Marie Brizard buy

21 Dec 2005

French vodka producer Belvedere has said its presence in Western Europe and the US will be strengthened after sealing an agreement to buy spirits group Marie Brizard & Roger International.

EUROPE: New chair announced at WSTA

16 Dec 2005

Retiring Constellation Europe CEO Christopher Carson has been nominated as the new chairman of the Wine & Spirit Trade Association (WSTA).

AUS: Palandri to raise funds for vineyard purchase

15 Dec 2005

Palandri Ltd is looking to buy Frankland River Vineyard in Australia.

UK: Unwins bosses apply for administration

15 Dec 2005

THE directors of Unwins Wine Group and Unwins Limited have applied to have the UK wine retailer placed in administration.

AUS: Lion Nathan poised for Coopers defeat - report

12 Dec 2005

Lion Nathan is prepared to see Coopers Brewery vote in favour of removing its pre-emptive rights to Coopers’ shares, according to media reports.

US: Coke looks to the future

8 Dec 2005

The Coca-Cola Co. has unveiled a new advertising slogan and an array of innovations and new packaging as the company looked towards the future.

UK: Hardys & Hansons full year profits fall

7 Dec 2005

Hardys & Hansons has posted a fall in full year pre-tax profits to GBP14.8m (US$25.6m), compared with a profit of GBP15.2m for the same period last year, on the back of weakness in its managed house business.

US: Ex Beringer boss starts new wine company

5 Dec 2005

A new wine company has been created in California.

UK: Cosentino AIM float targets GBP10m-plus

1 Dec 2005

Cosentino Signature Wines is looking to raise over GBP10m from its impending stock market float.

US: A-B fires back in Miller taste row

25 Nov 2005

Anheuser-Busch has fired the latest salvo in its taste battle with Miller Brewing.

SWEDEN: State monopoly launches PR offensive

22 Nov 2005

Sweden’s state-owned retail monopoly Systembolaget is launching an SEK8m (US$960,000) ad campaign to defend its hold on alcohol sales in the country.

US: Cosentino to list on London’s AIM

14 Nov 2005

Napa Valley’s Cosentino Signature Wineries plans to raise US$30m by listing on London’s AIM market this month.

Keep it in the Family - Part Four

8 Nov 2005

In the fourth in our series of reports on key family-owned wines and spirits groups, Ben Cooper and drinks industry analyst Canadean look at Rémy Cointreau, a company which has swum against the tide by consolidating while other major players have looked to grow through acquisition.

CANADA: Clearly Canadian sets out new strategy

3 Nov 2005

Clearly Canadian has unveiled new business strategies and initiatives following its link-up with new financial partner BG Capital Group and the appointment of new management.

UK: Unwins planning double Aim float - report

28 Oct 2005

UK off-licence retail group Unwins is planning to float its Phillips Newman subsidiary on the Aim stock market, and then plans to float itself on the Aim market, according to the Daily Telegraph.

CHINA: Yanjing to form new company in Hebei

28 Oct 2005

Yanjing Beer has announced that it is to form a new company in Cangzhou, Hebei Province, trading as Hebei Yanjing Beer Company.

FRANCE: Remy sales up but core brands flat

20 Oct 2005

Rémy Cointreau has today (20 October) reported a 3.9% rise in first half sales on continuing operations.

GREECE: CCHBC rating upgraded

27 Sep 2005

Coca-Cola Hellenic Bottling Co. has had its target price increased.

UK: Halewood buys two fortified wine brands

26 Sep 2005

Halewood International has strengthened its position in the fortified wine category by purchasing two brands, Emva and Eldorado, for undisclosed fees.

FRANCE: S&N to cut 70 jobs at Kronenbourg

20 Sep 2005

Brewing combine Scottish & Newcastle (S&N) is to cut 70 jobs at its Kronenbourg brewery in Obernai in Eastern France, according to reports.

Just the Answer - Reed Paget

9 Aug 2005

Last month saw the launch of Belu Spring Water in the UK off-trade. Not a remarkable event in itself perhaps but the launch of the brand in the UK’s first biodegradable plastic bottle, with 100% of net profits going towards clean water projects in the UK and around the world, has pricked the interest of many consumers. Belu’s co-founder, Reed Paget, discusses the brand and its unique proposition.

UK: New Interbrew UK president announced

26 Jul 2005

Interbrew UK and Ireland has appointed a new president.

GREECE: An end to RRPs for drinks on the horizon

4 Jul 2005

The Greek Government is mulling abolishing recommended retail prices for beverages.

AUSTRALIA: E&T to record loss after write-down

29 Jun 2005

Evans & Tate Ltd is to accelerate the reduction of its unallocated wine inventory in a move that will result in a one-off writedown in the value of its inventory.

2

4

...

11



Forgot your password?