Purcari Wineries CEO “mutually” agrees exit
Purcari Wineries CEO Alexandru Filip is departing after he and the eastern European group “mutually agreed” to part ways. In a statement, Purcari said …
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PepsiCo faces drinks lawsuit alleging “preferential pricing” for Walmart
PepsiCo is facing a lawsuit in New York over claims it provides “preferential pricing” to retailer Walmart for the US …
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FDI in 2026: regional experts weigh in on future trends
The past year has been turbulent for foreign direct investment (FDI). Political and economic shocks are now the norm, as …
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Asahi moves for Diageo’s Kenya business in $2.3bn deal
Asahi Group Holdings is to pay $2.3bn for Diageo’s business in Kenya, which includes the UK group’s majority stake in …
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Trinchero acquires Mumm Napa from Pernod Ricard
Trinchero Family Wine & Spirits has struck a deal to buy a clutch of US sparkling-wine assets from Pernod Ricard. California-based Trinchero …
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Treasury Wine Estates targets cuts amid US, China woes
Recently installed Treasury Wine Estates CEO Sam Fischer is bringing in a “transformation programme” that will include a review of …
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UK exports to EU down more than 20% since before Brexit, trade body says
Food and drink exports from the UK to the EU have dropped by almost a quarter in the past five …
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Lead Campari shareholder settles tax dispute
Lagfin, the Luxembourg-based holding company that controls the majority of Campari’s voting rights, has agreed to pay €405m ($474.5m) to settle a tax dispute …
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‘You can’t address climate change alone’ – Concha y Toro on importance of ‘collaboration’ in ESG
Investing in environmental sustainability is becoming all the more crucial for the wine sector, an agricultural industry that continues to …
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Hydrate Drinks Group founder buys UK firm from administration
UK soft-drinks firm Hydrate Drinks Group has been acquired from administration by an entity linked to the company’s founder. Liverpool-based Hydrate …
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Distilling giants point way for aged spirits in 2026
As we all contemplate what kind of year 2026 will be for spirits – after tariffs, conflict and macroeconomic gloom …
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Kraft Heinz hires ex-Kellanova chief as new CEO
Kraft Heinz has appointed former Kellanova chief Steve Cahillane as group CEO ahead of next year’s targeted business split. Cahillane will …
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German wine co-ops strike purchasing tie-up
Three German wine co-ops are to team up on purchasing in a bid to trim costs. The co-operatives, from three different …
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PepsiCo rejigs exec team to “accelerate growth”
PepsiCo has reshuffled parts of its team of senior executives as part of its efforts to speed up the company's …
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Wine groups Advini, Cordier by InVivo in merger talks
Advini Group and Cordier by InVivo are exploring a merger to “strengthen” their position in the French wine industry. In a …
