Beverages – World News
-
Refresco agrees to acquire insolvent Rhenser Mineralbrunnen
Refresco will acquire Rhenser Mineralbrunnen’s operations and production assets, strengthening its mineral water portfolio and expanding manufacturing capacity in Germany’s glass bottle segment.
-
Germany proposes 20% spirits tax increase
Germany plans to increase taxes on spirits, sparkling wine and alcopops by 20%, while beer and still wine remain unchanged under a proposed fiscal reform package.
-
Damm targets US$4.6B revenue by 2030 through international expansion, UK growth and portfolio diversification
Damm is accelerating its international expansion with investments in manufacturing, acquisitions and innovation as it targets doubling revenue by 2030 through diversified beverage operations.
-
Jim Beam expands RTD portfolio with 10% ABV bar serve Bourbon, cola drink
The new Jim Beam Bar Serve joins the brand’s growing RTD range as Suntory Global Spirits continues expanding its ready-to-drink beverage offerings.
-
Reliance Industries denies plans to enter India’s low-alcohol beverage market
Reliance Industries has dismissed reports that it plans to launch low-alcohol ready-to-drink beverages, despite growing speculation surrounding the fast-expanding category.