M&A one-two puts International Beverage in spotlight
Just Drinks talks to International Beverage MD Malcolm Leask about the rationale behind the distiller’s recent pair of acquisitions.
19 September 2023
19 September 2023
Just Drinks talks to International Beverage MD Malcolm Leask about the rationale behind the distiller’s recent pair of acquisitions.
Italy’s wine sector is also seeing a slowdown in domestic and foreign demand.
Radico Khaitan reportedly filed a complaint to the Competition Commission of India (CCI) earlier this year alleging Pernod colluded with retailers in the southern Indian state of Telangana.
The owner of brands including Benziger Family Winery and 10 Span has made two external hires and one internal promotion.
Heineken breached legislation on supply contracts with venues.
The Tennent’s brewer has seen the introduction of an ERP software system hit first-half profits.
The distillery will be used in the production of Radico Khaitan’s brands as well as ENA (extra neutral alcohol) to be sold to “local manufacturers” and contract bottlers.
The investment in the Ballygowan facility in County Limerick will create 28 jobs and increase production by over a fifth.
Speakers include industry leaders such as Brewdog, Asahi, AB InBev, and Diageo, as well as some of the most exciting new and emerging companies, Lucky Saints, JoyBräu, and Big Drop Brewing Co.
The consumer goods, foodservice, and packaging sectors are undergoing digital transformation, accelerated by the pandemic and changing consumer preferences. Data science and ML are strong investments across all areas. For the most part, these sectors will help scale up the adoption of AI technologies, such as CV, conversational platforms, and smart robots, which will be driven by the financial benefits and potential cost savings AI automation delivers across global supply chains.
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