Beverages – LATEST NEWS
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United Spirits sells Royal Challengers franchise stake for US$1.78B
United Spirits exits RCB ownership in $1.78 billion deal, shifting focus to core alcohol business as a consortium led by Aditya Birla Group takes control.
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Nestlé achieves 100% AWS certification across bottling sites, advancing global water stewardship strategy
Nestlé Waters & Premium Beverages secures full AWS certification, advancing water stewardship and scaling regeneration projects to strengthen resilience amid rising global water challenges.
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Australia and EU sign US$7B trade deal eliminating wine tariffs and boosting bilateral exports
Australia and the EU seal a major trade agreement removing wine tariffs, expanding exports and strengthening cooperation across the global wine and alcoholic beverages market.
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Beer Sectoral Group appoints Nigerian Breweries CEO Thibaut Boidin as Chairman
Thibaut Boidin takes over as Chairman of Nigeria’s Beer Sectoral Group, focusing on policy advocacy, sustainable growth and strengthening competitiveness across the beer industry.
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Mixue reports 35% revenue growth in 2025 despite China’s beverage price war pressures
Mixue posts strong 2025 revenue and profit growth, navigating China’s intense beverage price war while expanding globally and facing margin pressures from rising costs.