12 February 2024
12 February 2024
“Love Is Wine is tightly targeted and they don’t mind it may put off some customers” – wine consultant Joe Fattorini.
“We have instructed advisors to explore a range of options to fund our future growth plans” – Adnams.
The deal will see the companies align capacity to “invest locally” in Thailand, Vietnam and Cambodia.
The snacks and beverages giant is seeing a lag in demand in the North American market for both its food and beverages categories.
The private-equity firm’s latest acquisition in the UK brewing space was last month’s purchase of Purity Brewing Co.
Diageo will launch a Ciroc RTD in the UK and expand its Smirnoff RTD range in the US.
In order to legally sell directly to Alberta consumers, an appropriate Alberta liquor licence is required, the Alberta Commission wrote.
Savola formerly held a 34.52% share in its local peer.
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