
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe independent German drinks group, Underberg, has bought the remaining 50% share in the brandy company, Asbach, from Remy Cointreau. Underberg acquired a 50% stake in Asbach in 1999 so this purchase gives it complete ownership of the former United Distillers subsidiary. Underberg plans to improve efficiency at Asbach which last year recorded a marginal increase in sales after a period of decline. New launches and product re-designs are also in the pipeline for the Rudesheim-based distiller. Asbach sold 5.4 million bottles last year and is best known for its "Uralt" or aged brandy.
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData