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Heres what was making the drinks news on this day in years gone by

Here's what was making the drinks news on this day in years gone by

v>Here's a look at what was happening on this day in...
Who'd have thought it? Treasury Wine Estates, a company that, in the recent past, has scrabbled around trying to find someone to buy its wine business, has finally received a takeover offer. And, they've only gone and rejected it.
Diageo could look to make a "quantum leap" by buying out LVMH's majority stake in Moet Hennessy under Ivan Menezes' leadership, according to an analyst.
Will they? Won't they? The plight of Greece and its people is a daily story across Europe and, as it appears more likely that the country will have to pull out of the Eurozone, the soft drinks and bottled water industry, like many others, is watching through its fingers as things unfold. Richard Corbett takes a look at the lay of the land and prays for sun.
Although we're a little late in covering this, the London International Wine Fair this week gives us the ideal hook to let Chris Losh loose on a survey, announced last month, that saw the wine industry here in the UK queue up to shoot the messenger.
The brewing industry, burdened by centuries of tradition, is a slow-moving beast. Mind you, it’s a rare brand owner these days that believes appealing to tradition will motivate consumers to part with their hard-earned cash. Brewers don’t sell heritage any more; now, it’s refreshment, taste and, providing your local advertising standards enforcers are in a generous mood, lifestyle.
According to a new report from the British Soft Drinks Association, functional beverages are continuing to outperform all other soft drinks categories. Annette Farr reviews the latest innovations in a vibrant category.
This year sees the launch of Distil, a dedicated spirits show to complement the London International Wine Fair. But, writes Chris Losh, having already failed to secure enough big spirits producers as exhibitors, organisers Brintex will find it hard to attract the right kind of visitors to its new show, suggesting a difficult first year.
The recent takeover of Whyte & Mackay by the Indian UB Group is hardly the first time the Glasgow-based Scotch whisky producer has changed hands over the past 20 years or so. Patience Gould, who has seen all the various owners come and go, runs an eye over the latest deal and assesses what it has to offer both Whyte & Mackay and the Scotch whisky sector as a whole.
French spirits group Belvedere has today (23 May) been named as the buyer of V&S Group's Danish vodka Danzka.
The overall functional drinks market in Eastern Europe is underdeveloped in comparison with Western Europe with a low consumption base and a lack of product awareness. However, the long-term prospects for functional drinks in the region are promising.
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