13 September 2023
13 September 2023
Malcolm Leask, UK managing director of International Beverage, said the deal “strengthens our premium spirits portfolio for the global market”.
In September the government axed 4.5% export tariffs put in place in 2018 for bottled wine.
The drinks giant said Coca‑Cola Y3000 had been created using data gathered from consumers who interacted with its media applications.
The company said it wants to “seize consumer trends to unlock growth opportunities for both Danone and its partners”.
AB InBev alleged Constellation had broken a US licensing agreement.
The Villa Maria wine owner has hired the CEO of meat group Silver Fern Farms to take the helm.
Brewers across Europe have been struggling with high energy and material costs.
The two companies are embarking on a “strategic partnership” that also covers production and sales.
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Per GlobalData analysis, the NAB market has a strong outlook in terms of value and steady forecasting for volume up to 2026. The industry has been resilient to the pandemic and inflationary pressure as consumers continue to up their intake of NABs. Rising health and wellness trends mean that a growing number of consumers are swapping alcohol consumption for NABs while others are adding more drinks to their diet for improved hydration and extra nutritional value from fortified and functional NABs.
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