Just Drinks - Beverage Industry News | Market Research
Food, drink companies urge new European Commission to priortise sustainability in agri-food policy. The companies are calling for the establishment of mandatory sustainability criteria for public procurement.
SIBA embarks on campaign for UK ‘indie’ beer brands
Oct 22, 2024 · The Society of Independent Brewers and Associates, the body that represents independent beer businesses in the UK, has started a campaign to help drinkers identify ‘indie’ brands.
PepsiCo to shut bottling plant in Chicago - just-drinks.com
Oct 29, 2024 · “The decision to no longer operate at 51st Street is a difficult one. This is a more than 60-year-old building that has physical limitations,” PepsiCo said in a statement sent to Just Drinks.. PepsiCo did not answer this publication’s questions regarding what the facility manufactured, to where production will be relocated and the impact on jobs.
Diageo bets on new drinking Rituals - Just Drinks
Oct 1, 2024 · Richard Wyborn, a partner at UK-based food-and-drinks consultancy Food Strategy Associates, welcomed Diageo’s latest move. “It fits nicely into the portfolio, it’s premium, growing quickly – one of the fastest-growing private companies in the US per Inc 5000 – and targets the younger demographic who are drinking less alcohol,” he told Just Drinks.
Butterfly Equity to buy US wine group The Duckhorn Portfolio
Oct 7, 2024 · Under the terms of the deal, The Duckhorn Portfolio’s shareholders will receive $11.10 per share in cash. The Decoy wine maker said that represented a “premium” of just over 65% to the volume-weighted average share price of its common stock during the 90-day trading period ending on Friday (4 October).
Chapel Down to remain as standalone company following review
Oct 28, 2024 · For 2024, Chapel Down anticipates a harvest of around 1,875t, and an approximate production of 1.7 million bottles. Credits: Eugene Regis/Shutterstock.
Varun Beverages to invest $50m in new Africa Pepsi plant
Oct 1, 2024 · Varun Beverages, part of India’s food and drink conglomerate RJ Corp, is investing $50m in a new Pepsi cola production facility in the Democratic Republic of the Congo (DRC) in Africa.
Celsius Holdings acquires co-packer Big Beverages - Just Drinks
Nov 4, 2024 · It added that the purchase also presents future expansion possibilities, with ability to increase capacity as the business scales. The group also expects per-case savings and improved leverage and margins, along with a “solid” return on invested capital opportunity and potential for earnings per share accretion.
Heineken coy on Ethiopia deal “rumours” - Just Drinks
Oct 15, 2024 · Komari Beverage, which has its headquarters in Addis Ababa, Ethiopia’s capital, was set up in 2017. Former Diageo executive Kifflé Yohannes Abebe co-founded the company and is its CEO.. Heineken, which has a brewery close to Addis Ababa, sent a short statement when approached by Just Drinks. “We are aware of the recent media coverage in Ethiopia however it is our policy not to comment on ...
Diageo trials spirit bottle refill station in Ireland
Oct 9, 2024 · Diageo is trialling a keg system for refiling spirit bottles in Ireland called Everpour.. The system was created in-house by Diageo – in partnership with Hodges & Drake Design – to be a bottle refill system for the on-trade.