Artemis Group, the owner of Bordeaux-based Chateau Latour, Domaine d’Eugenie in Burgundy and Chateau Grillet of Rhone Valley, has purchased Araujo Estate Wines of California for an undisclosed amount.
Rasna International, an Indian manufacturer, marketer and exporter of instant drink powders and soft drink concentrates, is gearing up to establish a juice bottling plant in India with an investment of INR600m ($10.1m).
The Coca-Cola has invested $42.9m in its manufacturing plant in Upper Macungie Township, Lehigh County, Pennsylvania to add an additional 50,000ft² to the existing 225,000ft² manufacturing space.
Soft drinks manufacturer Britvic plc said its revenue in the third quarter reached £316.3 million, an increase of 4.0% at constant currency and 5.4 % at actual exchange rates.
A heatwave this month has boosted British pub chain Marston's summer sales after poor weather at the start of the year had dragged on the wider beer market.
Starbucks Corp on Thursday posted a bigger than expected jump in quarterly profit after new fruit "Refresher" energy drinks and seasonal Frappuccino iced beverages helped drive more visits to shops in the United States, its top market.
901 Tequila, a brand of tequila co-founded by Justin Timberlake and Kevin Ruder in 2009, has signed a deal with Hi-Spirits to distribute the brand in the UK.
Mims Distributing Company has announced that it has added Cabana Lemonade to its roster of beverages, expanding its nonalcoholic offerings, which include Arizona Tea, SunnyD and Playboy Energy Drink.
Quintessential Brands, a UK-based independent spirits group, has formed a new business Essential Drinks to offer commercial production, sales and distribution services to the UK and international B2B partners.
Unseasonably bad weather and headwinds in the carbonated soft drink category contributed to a 1% drop in sales for Dr Pepper Snapple Group, Inc. during the second quarter.
PepsiCo Inc reported higher-than-expected quarterly earnings on Wednesday, as sales of Frito-Lay snacks, Quaker Oats and other food products grew at a faster pace than its beverage business.
