22 February 2024
22 February 2024
US accelerator Pronghorn is on a mission to make the country’s spirits industry represent the consumers that drink the products.
In January, Nestlé admitted to breaching regulations in France in the way it treats bottled mineral water against contamination.
The suit, which was launched in July 2021, alleged that Oatly’s shares were “artificially pumped”.
Before joining the US wine giant, Carr was CEO of the spirit brand development company Hotaling & Co. for seven years until 2019.
Each company will receive investment of up to $500,000, as well as nine to twelve months of mentorship.
Australia’s trade dispute with China has made investing in the country’s wine sector more attractive for the asset manager.
“We’re going to start in [the UK] and then over time we will raise our eyes and look elsewhere” – Coterie Holdings CEO Michael Saunders.
The Paderborner Limo Cola-Orange-Mix is the group’s first foray into soft drinks.
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