Nichols acquires functional drinks business VitHit
Nichols said the deal gives it a “considerably strengthened position” in the health and wellness segment of soft drinks.
10 August 2026
10 August 2026
Nichols said the deal gives it a “considerably strengthened position” in the health and wellness segment of soft drinks.
Shares in the Penfolds brand owner closed up more than 4% today (10 August), despite new write-downs related to its US operations.
The bill still requires approval from the House of Representatives.
Tilray said it will move production from the Terrapin site in Georgia "to other breweries within our network".
Endeavour Group announced plans to sell the vineyards and physical assets belonging to several brands, including Chapel Hill, in May.
“Not just ourselves but others in the industry are having to reconfigure the supply chain," Diageo's chief executive, Sir Dave Lewis, told reporters.
The company said the new drinks range “marks the company's official entry into the lifestyle nutrition category”.
The group revealed its new savings targets alongside a forecast for its 2026/27 financial year of "broadly flat organic net sales growth".
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