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Princes is facing “substantial” cost increases but the UK group believes its business can perform well if consumer confidence comes under pressure.
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The new line includes blanco and reposado variants both at 35% abv and an añejo variant at 40% abv.
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Ambienta said it will support The Bridge’s goal of becoming “one of the leading players in the sector".
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Trade body The Food and Drink Federation stressed volume sales to the EU remain “considerably lower” than pre-Brexit levels.
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“While we are no longer progressing with the Kingswell project, we are redirecting investment to a local maturation facility," the group said.
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The Coca-Cola bottler will spend around half of the investment on its domestic operations, with the rest allocated to the US and South America.
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The US food-and-drinks group has just completed the acquisition of organic business Navitas.
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Bringing together two of the world’s largest spirits groups offers obvious benefits on costs and on geographic presence but what about sales growth?
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