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April 24, 2009

just the round-up – The week in drinks

The top ten stories published on just-drinks this week:

The top ten stories published on just-drinks this week:

PepsiCo, Pepsi Bottling Group and PepsiAmericas

US: PepsicCo moves to take control of Pepsi Bottling Group, PepsiAmericas

PepsiCo has launched an acquisition move to buy the outstanding shares in The Pepsi Bottling Group (PBG) and PepsiAmericas.

United Spirits and Whyte & Mackay

UK: United Spirits chief cools Whyte & Mackay sale talk

Vijay Rekhi, the president of United Spirits India, has distanced the drinks group from speculation that it is looking to sell Scotch whisky group Whyte & Mackay.

Brown-Forman and Bacardi

US: Bacardi latest to be linked to Brown-Forman move

Brown-Forman has declined to comment on further speculation linking it to a possible merger, this time with Bacardi.

Spirits shake-up

GLOBAL: Spirits industry facing shake-up – analyst

A shake-up is underway in the global spirits industry, with Beam Global Spirits & Wine potentially under threat and the emergence of a “new Maxxium” on the cards, an industry analyst has told the World Whiskies Conference.

Brown-Forman job cuts

US: Brown-Forman to cut 250 jobs

Brown-Forman is to cut 6% of its global workforce as part of a US$25m cost savings programme made necessary by the economic downturn, the US spirits firm has said.

Cobra Beer, Molson Coors and Wilbur Ross

UK: Cobra Beer silent on Molson Coors, Wilbur Ross interest

Cobra Beer has declined to comment on a report that entrepreneur Wilbur Ross and brewer Molson Coors have teamed up to buy the firm.

World Whiskies Conference

The World Whiskies Conference – quote, unquote, Day 1

Delegates from the world of brown spirits gathered in London today for day one of the two-day World Whiskies Conference. You can expect more from us over the next couple of days, but here are some choice quotes from the speeches so far.

The World Whiskies Conference – quote, unquote Day 2

The best quotes from day two of the World Whiskies Conference in London.

Moët Hennessy and Diageo

FRANCE: LVMH Moët Hennessy Louis Vuitton quells Diageo sale talk

LVMH Moët Hennessy Louis Vuitton has moved to quash speculation linking it to a divestment of its wine and spirits division to Diageo.

The UK Budget 2009

UK: Alcohol duty tax to rise – Chancellor Budget Speech

Duty tax on alcoholic drinks will rise by 2%, UK Chancellor Alistair Darling has announced in his Budget Speech, to the dismay of drinks trade bodies.

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