just the Round-Up - The week in drinks

By | 8 February 2013

The week in drinks

The week in drinks

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

Gruppo Campari has agreed to sell its Punch Barbieri liqueur brand to Distillerie Moccia for EUR4.45m (US$6m).

Beam Inc's misconduct review in India has damaged sales more than expected and looks set to hamper growth for most of the year, an analyst has claimed.

Heineken has broken its silence and confirmed that it has launched a “strategic review” of its Hartwall unit in Finland.

China is set to overtake Australia and Chile in wine production in the next three years, but the Asian country's soaring rate of consumption will slow, according to new research.

The Scotch whisky sector has not only survived the global downturn, it has prospered, a recently-published just-drinks/IWSR report has concluded.

China's massive beer volumes are set to rise further, but market fragmentation and weak margins may sink SABMiller and Anheuser-Busch InBev's profit hopes in the country indefinitely, an analyst has claimed.

SABMiller has defended itself against accusations that its Chinese JV is set to pay “an eye-watering price” for Kingway Brewery Holdings.

GlaxoSmithKline has confirmed to just-drinks that it has launched a strategic review of its Lucozade and Ribena soft drinks brands, with “every option”, including a sale, being considered.

The CEO of Coca-Cola Enterprises (CCE) has argued that "sparkling" beverages is a “great category” that will return to growth in 2013.

Pernod Ricard has announced that it has begun discussions to buy Cognac producer Le Maine au Bois.

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

Companies: Campari, Heineken, Gruppo Campari, Beam Inc, SABMiller, Anheuser-Busch InBev, Coca-Cola Enterprises, Pernod, Ricard, Martell

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