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Beverages – LATEST NEWS
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NAFDAC reaffirms temporary lifting of sachet alcohol ban
NAFDAC clarifies sachet alcohol ban is only suspended until December 2025 and intensifies crackdown on unregistered water producers.
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Khazaen economic city inks US$20.8M deal with Sohar Food & Beverage for new drinks facility
The beverage plant will produce carbonated drinks and natural juices for Oman and regional markets, boosting local manufacturing.
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PepsiCo acquires prebiotic soda brand Poppi for US$1.95B to expand functional beverage portfolio
PepsiCo strengthens wellness beverage offerings with Poppi acquisition and enhances digital transformation through AWS partnership.
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Diageo projects US$150M tariff hit amid U.S. import duties
Diageo expects half of the US tariff impact to be mitigated, while its new programme aims to cut costs and drive agility.
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Varun Beverages to acquire 50% stake in Everest Industrial Lanka for US$3.75M
The acquisition supports Varun Beverages’ strategy of backward integration and internal sourcing of commercial visi-coolers and accessories.