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FRANCE: Seagram Wine & Spirits Business: Pernod Ricard and Diageo Sign Agreement

6 December 2000 | Company Press Release

Pernod Ricard and Diageo confirm that they have signed a formal agreement governing their bidding arrangements for the Seagram wines and spirits business. The agreement also covers the brand integration process and management team which will coordinate it.... read more


FRANCE: Groupe DANONE Launches Buyout of Minority Interests of US Operations

6 December 2000 | Company Press Release

Groupe DANONE is to launch a buyback offer for outstanding shares of Mecaniver, listed in Brussels, in which it already holds 89% of equity. Mecaniver is a holding company whose main interests include a 65% interest in Groupe DANONE's North American activities in fresh dairy products, through Dannon Co. and bottled water produced in North America by Dannon Water and McKesson.... read more


USA: SAP Introduces New Solution for International Beverage Industry

5 December 2000 | Company Press Release

Today at the InterBev 2000 Conference, SAP AG (FSE:SAP)(NYSE:SAP) announced a new IT solution for the beverage industry that provides greater efficiency throughout the entire beverage process chain, from order taking and delivery to settlement and invoicing. mySAP(TM) Consumer Products -- Beverage Solution is a comprehensive solution for the beverage industry that combines a leading enterprisewide backbone with full e-commerce functionality. SAP is the world's leading provider of e-business software solutions.... read more


USA: Safety and quality of bottled water reaffirmed by industry association

5 December 2000 | Company Press Release

The Canadian Bottled Water Association (CBWA) is taking steps to assure the public about the high standards in place that ensure the safety and quality of bottled water products represented by the association. The attention being focused recently on drinking water has resulted in an increasing number of calls from consumers to the association's offices, questioning how bottled water is regulated and monitored.... read more


USA: Villa Mt. Eden Winery's New Website Offers Wired Wine Enthusiasts Entertaining Glimpse at Napa Valley Winemaking

5 December 2000 | Company Press Release

For those who can't make the trek to Napa Valley wine country, Villa Mt. Eden winery has launched a new website to give wine enthusiasts a look around its Napa Valley winery and a feel for what makes California vineyards so magical. Using the latest web technology, the www.villamteden.com... read more


USA: Five Stimson Lane Wines Make 'Top 100' List

5 December 2000 | Company Press Release

Wine Spectator today announced that five wines made by Stimson Lane wineries have been named to the magazine's list of ''Top 100 Wines of the World'' for 2000. Stimson Lane's Columbia Crest winery led the way with three wines on the prestigious list. They are: the 1996 Estate Cabernet Sauvignon (37th on the list); the 1998 Estate Chardonnay (79th); and the 1997 Estate Merlot (83rd).... read more


USA: PepsiCo Rescinds Share Repurchase Programs

5 December 2000 | Company Press Release

PepsiCo, Inc. (NYSE: PEP) announced today that its Board of Directors has rescinded its recently authorized share repurchase program under which the company intended to buy back $4 billion of stock over the next three years. The new program had been authorized by of the Board of Directors and announced on November 21, 2000.... read more


USA: Clearly Canadian Partners With Spike.com For Web Streaming Music

5 December 2000 | Company Press Release

Clearly Canadian Beverage Corporation (TSE: CLV; NASDAQ: CCBC) today announced an agreement to launch a "co-branded tuner" with Spike Internet Radio, Inc., providing a web streamed music link to Clearly Canadian's websites. "We're excited about this relationship with Spike Internet Radio that will heighten our website visitors' experience by providing music while they are surfing the internet. This is a new marketing initiative for our brands that links them with an international on-line partner reaching a vast target audience," said Jonathan Cronin, VP Marketing for CC Beverage (U.S.) Corporation (Clearly Canadian's US operating subsidiary).... read more


USA: DBRS Releases Benchmark Report on Quaker Oats, PepsiCo and Coca-Cola

4 December 2000 | Company Press Release

The Quaker Oats Company The Quaker Oats Company ("Quaker") is the leader in sports drinks globally, the fourth largest global cereal company, and it also has a sizeable convenience food business. Operations exhibit the following strengths: (1) The brand portfolio is strong, if not overly deep, with over 80% of sales in categories where it holds leading market shares. Quaker has had good success with recent product introductions. (2) Quaker has divested a number of its less profitable divisions to focus on its core areas, causing sales to fall to about $5.0 billion, even as EBITDA levels have improved to the $800-$900 million range. Profitability is strong compared to peers and trending up, with EBITDA margin in the 17%-19% range and ROC above 30%. (3) Diversification by product category is strong and lends stability to results. The U.S. food area is the largest division with close to 60% of sales and slightly larger portion of operating profits, with Gatorade contributing the remainder. (4) Recent restructuring charges have improved productivity, including the F2000 charge that is estimated to save about $70 million by 2002. (5) The balance sheet should remain above average with good coverage ratios as cash flow is strong (now in the $600 million range) and should fund internal needs over the near future.... read more


POLAND: Polish Police Bust Bootleggers Making Cognac With Hair Coloring

4 December 2000 | Company Press Release

Polish customs officers Friday busted a mobile laboratory for making false brand-name cognac with hair coloring, the customs service reported. Customs officers discovered the equipment and components for making the fake cognac in a bus arriving from Belarus. Grain alcohol, demineralized water, hair coloring, bottles and labels were hidden in a bus carrying shopping tourists to the large open-air market in the Polish capital, according to customs service spokeswoman Malgorzata Skocinska.... read more


USA: The Coca-Cola Company Establishes Alliance With Interpublic

4 December 2000 | Company Press Release

The Coca-Cola Company announced today that it will team with the Interpublic Group of Companies, Inc. to further develop, refine and focus "the brand essence" of Coca-Cola across the full range of consumer communications.... read more


SWITZERLAND: Nestlé S.A. to Concentrate on Major Stock Exchanges

4 December 2000 | Company Press Release

Nestlé S.A. has decided to focus the listing of its shares on the key stock exchanges where its shares are presently traded. These include the Swiss Exchange, the London Stock Exchange and the bourses in Paris and Frankfurt. As a result of this decision, Nestlé shares will not be listed anymore in Amsterdam, Brussels, Tokyo and Vienna.... read more


USA: Merger Complete Between Whitman Corporation and PepsiAmericas, Inc.

1 December 2000 | Company Press Release

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USA: Seagram To Take Equity Partnership In Tag Worldwide - Knowledge Management Tool Boosts Spirits And Wine Brands

1 December 2000 | Company Press Release

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UK: Open access to India, urges SWA

30 November 2000 | Company Press Release

Senior representatives from the Scotch Whisky industry and Richard Caborn, Minister for Trade, today agreed that government and industry should work together to improve access for Scotch Whisky to the Indian market. At present, access to the Indian spirits market is all but closed to overseas producers. The Indian Government does not allow imports of bottled Scotch Whisky, unless it is for sale in duty free shops, certain hotels and restaurants. This seriously curtails sales of Scotch, which accounts for just 360,000 cases - 0.6% - of a total spirits market of 63 million cases.... read more


USA: Vivendi's Acquisition of Seagram Co. Ltd. Triggers Changes In Standard & Poor's Indices

30 November 2000 | Company Press Release

Standard & Poor's will make the following changes in the S&P 500, S&P Global 100, S&P Global 1200, TSE 300 Composite, S&P/TSE 60, S&P/TSE 60 Capped, S&P/TSE Canadian MidCap, S&P/TSE Canadian SmallCap, TSE 100, Toronto 35 and TSE 200 pending the completion of the acquisition of Seagram Co. Ltd. by Vivendi. The transaction is still subject to shareholder's approval.... read more


USA: Wine Spectator Names an Italian Wine #1 in the World

30 November 2000 | Company Press Release

For the first time in Wine Spectator's history, an Italian wine has been named Wine Of The Year. The 1997 Antinori Solaia from Tuscany has been awarded the number one spot for 2000. While France and California have traditionally dominated this list, Italian wines have become a new force in 2000 with three out of Wine Spectator's top ten picks. According to Wine Spectator, it has only been in the last few decades that Italy has begun to make world-class wines, and wine producer Piero Antinori is credited with being a major force in this new generation of Italian winemaking.... read more


UK: Cadbury Schweppes 2000 Trading Update

30 November 2000 | Company Press Release

In line with its commitment to issue regular trading updates ahead of its interim and preliminary results, Cadbury Schweppes plc today released the following comments on trading performance in 2000. The 2000 preliminary results will be announced on 14 February 2001. Trading Performance Highlights... read more


UK: Bass Ale heads Oktoberfest 2000, in the North West

30 November 2000 | Company Press Release

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USA: Aqua Vie Expands Distribution in Southern Half of United States With Addition Of Global Beverage and Arizona's Leading Grocery Chain

30 November 2000 | Company Press Release

Aqua Vie Beverage Corporation (OTC Bulletin Board: AVBC) announced today that new age beverage distributor Global Beverage (High Point, N.C.) has agreed to distribute Aqua Vie Hydrators throughout its distribution area. ... read more


UK: World leader says the Cava Millennium bubble won't burst

29 November 2000 | Company Press Release

The sparkling wine boom triggered by the millennium has created a pricing gulf from which champagne may never recover, says Freixenet as it launches a new TV campaign in the UK.... read more


UK: Cadbury Schweppes Acquires Australia's Spring Valley Juice Brand And Wave Flavoured Milk

29 November 2000 | Company Press Release

Cadbury Schweppes plc announces that its Australian subsidiary, Cadbury Schweppes Pty Ltd, has today reached agreement to acquire the Spring Valley Juice brand name and the Wave UHT flavoured milk brand name from Bonlac Foods Ltd ... read more


USA: Aberlour Continues Winning History With Several Industry Awards in 2000

29 November 2000 | Company Press Release

As 2000 comes to a close, Aberlour Single Speyside Malt Whisky concludes another year celebrated with prestigious awards and exceptional ratings for its expressions throughout the industry. ... read more


CANADA: Noble China announces third quarter results

28 November 2000 | Company Press Release

Noble China Inc. (TSE:NMO.) reported a net loss for the three months ended September 30, 2000 of $17.4 million ($1.68 per share) compared with net income of $873,000 ($0.08 per share) for the same period last year. ... read more


CANADA: Clearly Canadian announces completion of private placement

28 November 2000 | Company Press Release

Clearly Canadian Beverage Corporation (NASDAQ:CCBC; TSE:CLV.) yesterday announced the completion of a private placement of 595,000 units at a price of Cdn$0.88 per unit, generating gross proceeds of Cdn$523,600. ... read more


CANADA: Avani International Group Inc. -- AVIG continues successful expansion into foreign markets with their "Oxygen Enriched" bottled water line

28 November 2000 | Company Press Release

Avani International Group, Inc., (OTCBB:AVIG), a manufacturer and Distributor of the Avani line of "Oxygen Enriched" bottled water announced today they have successfully penetrated the markets of Japan, Hong Kong, Australia, Malaysia and the United States. ... read more


BRAZIL: AmBev signs agreement to acquire Nortena; second acquisition in South America this year confirms international expansion plans

28 November 2000 | Company Press Release

Companhia de Bebidas das Americas - AMBEV (NYSE: ABV, ABVc; BOVESPA: AMBV4, AMBV3), the world's fourth largest brewer and fifth largest beverage company, with operations in Brazil, Argentina, Venezuela and Uruguay, today announced that it signed a letter of intent to purchase a 95.3% stake of Uruguay's Cerveceria y Malteria Paysandu SA (Cympay) on November 24, 2000. ... read more


USA: Pyramid Breweries Inc. declares $.04 per share quarterly cash dividend

28 November 2000 | Company Press Release

Pyramid Breweries Inc. (Nasdaq:PMID) yesterday announced its Board of Directors has declared a quarterly cash dividend of $.04 per common share, payable on January 15, 2001 to shareholders of record on December 29, 2000. ... read more


USA: Ocean Spray Names Former Cadbury Executive VP of New Product Development

28 November 2000 | Company Press Release

Karl R. Johnson, a top executive with Foote Cone and Belding and Dr. Pepper/Cadbury Beverages, joined Ocean Spray Cranberries, Inc., yesterday as Vice President of the company's new product division. ... read more


USA: Golden State Vintners Appoints Corporate Purchasing and Production Planning Director

27 November 2000 | Company Press Release

Golden State Vintners (Nasdaq:VINT) today announced that it has appointed Peter J. Arbios as director, Corporate Purchasing and Production Planning. Arbios will be responsible for purchasing and supply chain planning across the Company's five winery locations. Arbios joins Golden State Vintners after thirteen years with Beringer Wine Estates, including the past seven years as director, Corporate Purchasing. He has a Bachelor's degree from Chico State University.... read more


USA: Winebusiness.com Forms Alliances with Esteemed Australian and French Publishers

27 November 2000 | Company Press Release

Richard Shell, CEO of winebusiness.com, announced today that winebusiness.com has officially entered into alliances with Australian publisher Winetitles and Revue Vinicole Internationale (RVI), publisher of France's VSB newsletter. Both Winetitles and VSB will provide content for the online international business-to-business wine community launched by winebusiness.com earlier this year, including the Wine Business Monthly and Wine Business Insider publications and the online Daily Breaking News.... read more


UK: Product Recall of Chiltern Hills Natural Mineral Water and Ashridge Spring Water

23 November 2000 | Company Press Release

Chiltern Hills Mineral Water Ltd is recalling all bottles of Chiltern Hills Natural Mineral Water and Ashridge Spring Water with immediate effect following recent analysis which suggests faecal contamination. The Food Standards Agency advise against the consumption of this product. If you have any of the above products you should return it to your retailer for a full refund.... read more


USA: New Wine by Chateau Ste. Michelle Is Highest Rated in Washington State History -- And Also Most Expensive --

23 November 2000 | Company Press Release

Single Berry Select, a dessert wine made in Woodinville by Chateau Ste. Michelle and Ernst Loosen of Germany, has received the highest rating ever accorded a Washington State wine by Wine Spectator magazine. The "97" score for Single Berry Select, announced this week, also puts it in another special category: No other American white wine has received a higher rating by Wine Spectator in the 25 years the magazine has been rating wines, according to Bruce Sanderson, Tasting Director for Wine Spectator (Phone: 212/684-4224, ext. 648).... read more


USA: Andretti Wine Group Announces Sale/Lease Back Agreement

22 November 2000 | Company Press Release

Chairman of the Board of Andretti Wine Group, Ltd. (AWG, Ltd.) Joseph E. Antonini announced a sale/lease back agreement between AWG, Ltd. and the Laird Family Winery at the company's annual meeting in Napa Valley, California. Subject to due diligence, the agreement is expected to close by the end of December 2000.... read more


USA: Further UDV statement on future of Stoli ownership

21 November 2000 | Company Press Release

Statement of Paul Clinton, President CEO, UDV North America Regarding Russian Government Actions Calling Russian Company's Ownership of Stolichnaya 'Illegal'. Paul Clinton, President and CEO of UDV North America, made the following statement today: "An influential Russian government agency has reportedly determined that ownership of the Stolichnaya vodka trademark was illegally transferred to the Russian company Soyuzplodimport. 'The fact of illegal privatization was established in course of the Audit Chamber's inquiry into the transforming of the All-Union External Trade Company Soyuzplodimport in a Joint-Stock Company.'... read more


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