Compania Cervecerias Unidas (CCU), a Chile-based beverage producer, plans to secure $694m by issuing new shares as part of strategy to expand operatios.
Drink giant Diageo has moved closer to gain control over India-based United Spirits Limited (USL) after having purchased 10% of the proposed 53.4% stake in USL.
Pernod Ricard, the owner of Absolut vodka, Martell cognac and Jameson whiskey, is eyeing China as a key growth market despite a slowdown in the sales growth.
China Huiyuan Juice Group has entered into an agreement with founder and chairman Zhu Xinli to acquire fruit planting and juice-concentrate-making business for HK$4.9bn ($631.17m).
Arla Foods amba has agreed to sell its Crediton Dairy milk drinks business to a management buy-out team led by former Milk Link chief executive Neil Kennedy and former Milk Link group finance director Tim Smiddy.
In launching the campaign earlier this month, the soft drink company has identified roughly 150 of the most popular Israeli first names and printed them up on bottles and cans of Coke, Diet Coke and Coke Zero.
Chile-based entrepreneur Alex Guarachi, the founder and CEO of Guarachi Family Wines and TGIC Importers, has purchased Sun Chase vineyard in the Petaluma Wind Gap area of the Sonoma Coast American Viticultural Area (AVA).
Vineyard property magnate Jacky Lorenzetti has purchased Chateau Béheré in Pauillac, France from Jean-Gabriel and Anne-Marie Camou for an undisclosed amount.
Bundaberg Distilling, an Australia-based distillery owned by Diageo, is to celebrate its 125th anniversary with the launch of a new BDC 125th Anniversary Rum.
Beer ranked first in the highest-growth category of this year's BrandZ Top 100 list of most valuable global brands, with McDonald's and Coca-Cola falling among the top 10.
U.S. beverage sales increased by 1% in 2012, marking a third year of growth after two consecutive declining years, according to data from the Beverage Marketing Corporation.
Dairy.com, a provider of Internet-based business solutions for dairy industry, has completed the acquisition of Blimling and Associates and its two sister companies for an undisclosed amount.
Buffalo Trace Distillery in Kentucky has said it will not reduce the alcohol content in its bourbon to keep up with the demand, which is outpacing supply.
Level 5 Beverage, a subsidiary of Minerco Resources, has formally approved the final beverage formulations for the entire initial product line with Power Brands.
