Suntory Holdings invests U$76m in Yamazaki and Hakushu distilleries
Suntory is celebrating 100 years of whisky distillation this year.
NFL star Travis Kelce invests in Casa Azul Tequila Soda
Casa Azul Tequila Soda was launched by “serial beverage entrepreneur” Lance Collins last summer.
Private-equity firm Sherpa Capital buys Spanish winery Crego e Monaguillo
The deal is the Madrid-based private-equity company’s second play in Spanish wine.
California bill wants to open up beer, wine retail licences to spirit-based RTDs
The bill would amend the state’s beer and wine retail laws.
Private-equity group Trivest Partners takes stake in Perricone Juices
Perricone Juices CEO Bob Rovzar will remain in his role following the investment.
Beam Suntory looks to growing middle classes in India with range expansion
The group is targeting US$1bn in revenues from India by 2030.
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French government approves winemakers support fund
The French Ministry of Agriculture and Food Sovereignty has also signalled its willingness in principle to approve the uprooting of vines.
Australia wine export revenues fall amid rise in unpackaged wine shipments
Wine Australia said the rise in volume relative to value was driven by the growth in the shipments of unpackaged wine, particularly to the US and Canada, as global shipping challenges improved.
Russia business buyer to be found “before summer”, Carlsberg CEO says
The brewer hopes to retain a buy-back clause on any deal to sell the unit.
Good Drinks Australia appoints new COO
McClintock takes on the role of COO following stints as the firm’s head of commercial and its financial controller.
Coca-Cola Bottlers Japan builds aseptic production line for coffee products
Coca-Cola Bottlers Japan said its new line will bolster its manufacturing of coffee products.
Diageo receives green light to up stake in East African Breweries to 65%
Africa is a key market for Diageo, with the brewer and distiller looking to take advantage of rising alcohol consumption across the continent.
“Strong brands are built over decades” – Global Brands CEO Steve Perez on reviving Molson Coors’ RTDs, DRS in Scotland and the on-premise outlook
Global Brands boss talks RTD trends, functionality in energy drinks and why he isn’t a fan of proposals to limit alcohol marketing in Scotland.
Australian winery Gemtree up for sale
The divestment comes amid a change in the circumstances for the winery’s major investor.
Alcohol producers call for Scotland marketing “ban” to be scrapped
The firms argued the so-called “ban” will harm the sector with “no clear evidence to justify such a move”.
Oatly launches climate label in US
Oatly launches climate footprint labelling in North America, starting with oat-based yogurts.