24 July 2023
24 July 2023
Despite loadshedding, global inflation and flooding, South Africa’s winemakers remain optimistic.
Anchor Brewing employees made a last-ditch effort to save the brewery from liquidation last week after owner Sapporo Holdings announced its closure.
Royal Unibrew said that this week’s agreement to acquire Birra Castello’s Italian production facility will benefit its customers in “all markets”.
Big data hirings within the consumer goods sector remained buoyant in Q2, reaching a biannual high of active jobs in June 2023.
It follows a shaky financial period for the Clos Pegase brand owner, which predicted lower than expected revenue for fiscal 2024 despite “improving” margins.
DeSantis has suggested AB InBev may have “breached legal duties owed to its shareholders”.
The deal sees Familia Torres’ local arm – Torres China – combined with Summergate.
The distiller’s pair of deals in European spirits come against a backdrop of pressure on consumer spending.
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