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Beverages – World News
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Coca-Cola takes nearly US$1B Bodyarmor impairment as Q4 operating income plunges 32%
Impairment on Bodyarmor weighs on Coca-Cola’s Q4 profits, even as full-year operating income and margins improve.
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C&C Group Appoints Adam Phillips as Chief Financial Officer
C&C Group names Adam Phillips CFO while forecasting subdued profits amid ongoing consumer and macroeconomic pressures.
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Kirin to sell Four Roses Bourbon to E&J Gallo for up to US$775M
Kirin divests Four Roses bourbon as E&J Gallo strengthens its spirits portfolio with a major US whiskey acquisition.
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Refresco to acquire plant-based producer SunOpta in an all-cash deal
Refresco agrees to buy SunOpta, expanding its North American footprint and plant-based beverage portfolio.
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Reliance Consumer Products acquires majority stake in Australia’s Goodness Group
RCPL enters Australia with a majority stake in Goodness Group, strengthening its global “Better-For-You” beverage ambitions.