just the round-up - The week in drinks

By | 16 October 2009

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

Campari still considers purchases

ITALY: Gruppo Campari to cut debt, with one eye on acquisitions

Gruppo Campari will focus on cutting debt for the next 12 months following its acquisition of Wild Turkey Bourbon, but the Italian drinks firm remains on the lookout for fresh acquisition targets in key emerging markets, according to CEO Bob Kunze-Concewitz.

Heineken's S&N brewery closure

UK: Heineken to close S&N Gateshead brewery

Scottish & Newcastle UK is to close its brewery in Dunston, Gateshead, by mid 2010 with the loss of 63 jobs, as part of owner Heineken's global cost savings programme.

Global energy drink sales in 2008

GLOBAL: Energy drink sales hindered by Thai decline - research

Sales of energy drinks have doubled in the last five years, according to recent research.

Diageo Q1 sales results

GLOBAL: Diageo Q1 sales drop, holds guidance

Diageo has reported a 6% fall in sales for its first fiscal quarter, but the drinks giant maintained profits guidance for the year.

Anheuser-Busch InBev, PepsiCo tie-up

US: Anheuser-Busch InBev, PepsiCo sign purchasing deal

Anheuser-Busch InBev and PepsiCo have agreed to jointly purchase indirect goods and services in the US, from technology hardware to travel.

SABMiller Q1 sales volumes

GLOBAL: SABMiller lager volumes dip in Q1

SABMiller has reported a 1% dip in beer sales by volume for its first fiscal quarter, damaged by the effects of the global economic downturn in Eastern Europe.

More divestments from A-B InBev

BELGIUM: Anheuser-Busch InBev sells Eastern Europe assets

Anheuser-Busch InBev has agreed to sell brewing assets in Eastern Europe to private equity group CVC Capital Partners for US$2.2bn, taking the brewer over its $7bn disposals target.

Remy Cointreau H1 sales

FRANCE: Champagne flattens Rémy Cointreau H1 sales

Plummeting Champagne sales in the global economic downturn offset a recovery in Cognac and dented Rémy Cointreau's net sales in its fiscal half-year.

PepsiCo gets iPod app slap

US: PepsiCo apologises over Amp 'pick-up' application

PepsiCo has apologised after it was accused of stereotyping women with an iPhone application for its Amp Energy drink in the US, offering advice on how to pick up women.

EU, South Korea trade deal

EUR: Scotch trade body toast EU, South Korea trade deal

Scotch whisky distillers have welcomed the signing of a free trade deal between the EU and South Korea, which will see cuts to import tax on their products.

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

Companies: Campari, InBev, Heineken, Anheuser-Busch, PepsiCo, Diageo, Gruppo Campari, S&N, SABMiller, Cointreau, Remy

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just the round-up - The week in drinks

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

The just-drinks Interview - Diageo's Head of Africa

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