Beverages – LATEST NEWS
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Kasapreko IPO attracts US$147.6M in bids, oversubscribed by 146%
Strong investor demand positions Kasapreko for its next growth phase as the beverage maker prepares to begin trading on the Ghana Stock Exchange.
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Brazil plans dual-rate alcohol tax system
Brazil’s proposed selective tax could introduce dual alcohol rates, leaving producers and retailers uncertain about future pricing and market impact.
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Asahi Beverages begins construction of US$105.1M Queensland distribution centre
The new Queensland facility forms part of Asahi Beverages’ nationwide supply chain modernization strategy and is expected to become operational by 2028.
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Suntory Beverage & Food Europe cuts carbon footprint by 20%
SBFE surpassed its recycled plastic target and advanced sugar reduction efforts as it continued implementing sustainability initiatives across operations and supply chains.
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Ai-CHA enters India with first new Delhi store
The Indonesian tea and ice cream chain plans to expand across India through a royalty-free franchise model after launching its first outlet in New Delhi.