Preparing for the “second-wave” – non-alcoholic producers welcome innovation
Despite being at an early stage, the fledging low-and-no industry looks set to evolve.
27 March 2024
27 March 2024
Despite being at an early stage, the fledging low-and-no industry looks set to evolve.
It was announced in October Diageo would no longer use the publicly-listed Guinness Nigeria to import and distribute brands like Johnnie Walker.
PepsiCo-backed Celsius tasked Suntory with UK sales and distribution of its energy drinks in January.
It is also eyeing M&A opportunities in New Zealand, the US and Italy to build on its portfolio “premiumisation” strategy.
Last year, a Manhattan federal jury sided with Constellation ruling that hard seltzers fall under the ‘malt beverage’ category.
Speaking to Just Drinks, CEO Roger White said AG Barr is seeing a return to a "normalised" level of inflation but added “embedded" wage inflation was "not immaterial”.
The UK soft-drinks company cut revenue and EBITDA guidance in 2023.
The ionised-water manufacturer is looking to raise over £10m (12.63m).
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