French food group Danone said it was buying a 40 percent stake in Brookside, East Africa's top dairy producer, as part of plans to expand in new markets while growth is weak in Europe and the economy slows in China.
Nigerian drinks company Chi Ltd is exploring options including a potential sale that could value it at as much as $1 billion, according to sources familiar with the matter.
PepsiCo Inc. investor Nelson Peltz, who has lobbied to split the company’s snack business from its North American beverages unit, said he might embark on a proxy contest for control of the board.
Ten products produced by independent brewer Direct Beers Ltd have been found to breach the Portman Group's Code of Practice on the Naming, Packaging and Promotion of Alcoholic Drinks.
Acqua Panna, the Italian mineral water beloved by Florence’s powerful Medici family, has been re-styled to reflect the water’s Tuscan roots, as it marks 450 years of history.
Maxxium UK is introducing further innovation into the American whiskey category and reinforcing Jim Beam’s market leadership status with the launch of the first ever maple-infused bourbon in the UK.
Boulevard Brewing Co. realized that the craft brewing business it had been building since 1989 was outgrowing its infrastructure and equipment, the company knew it needed to turn to automation to support its growth.
Los Angeles-based Veev Spirits LLC announced the launch of Veev 2.0, a full brand repositioning that includes a reformulated 70-proof spirit, a redesigned bottle, and a strategic focus on the vodka category.
Dairy Crest has announced that aggregate sales of its four key brands grew by 4% in the 3-month period to June 30 compared to the first quarter of 2013/14.
Aujan Coca-Cola Beverages Company (ACCBC) has completed the previously announced acquisition of a majority stake in Lebanese distributor of Coca-Cola and Pampa products National Beverage Company (NBC).
Echo Falls, the UK’s third largest wine brand, has signed British fashion designer Holly Fulton to develop a limited edition wine range launching in July 2014.