just The Round-Up - The week in drinks

By | 14 October 2011

The week in drinks

The week in drinks

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

Rémy Cointreau is preparing to launch its Mount Gay rum, St Remy a la Crème and Passoa liqueurs and Charles Heidsieck Champagne brands in Russia, as it extends its partnership with Roust Inc in the country.

Hedge fund Independent Franchise Partners has built up a 6% stake in C&C Group.

Jacques Rouvroy has called time on his leadership of Belvedere, with MD Krzysztof Trylinski set to replace him.

Coca-Cola FEMSA has announced the completion of its merger with the bottling division of privately-held Mexican conglomerate Grupo Tampico.

Kirin Holdings has succeeded in overturning an injunction blocking its acquisition of a controlling stake in Schincariol.

Concha y Toro's newly-acquired Fezter Vineyards has propped up the Chilean winemaker's sales in its third fiscal quarter, as the peso currency continues to pressure exports.

Proposals to make the payment of European Union (EU) subsidies to wine growers easier have been released by the European Commission today (12 October), as part of a major tabling of reforms to the EU Common Agricultural Policy (CAP).

The UK arm of Diageo has launched a consumer campaign for its pre-mix range in the country.

The Cognac market in China may be almost half the size of the US market in volume terms but, in value terms, has grown to be worth 70% more than the US, according to recent research.

Wine and spirits in the US are set to reap rewards from Congressional approval for a free trade deal with South Korea, according to trade bodies the Wine Institute and US Distilled Spirits Council.

Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine

Companies: Cointreau, Remy, Belvedere, FEMSA, Kirin, C&C Group, Concha y Toro, Diageo

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