Beverages – World News
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Mount Everest Breweries files DRHP for IPO
The Madhya Pradesh-based brewer plans to use IPO proceeds for a new brewing facility, debt repayment and general corporate purposes as it expands its beer business.
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ThaiBev restructures business, announces senior executive changes
ThaiBev has reorganised its food and beverage operations and reassigned senior executives across its spirits and non-alcoholic beverage businesses.
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Coca-Cola appoints Rob Gehring President of North America operating unit
Gehring will return to Coca-Cola from Monster Energy in December, bringing experience from Coca-Cola, Hershey, Swire Coca-Cola USA and other consumer businesses.
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FSSAI proposes single-phase front-of-pack warning labels
India’s food regulator proposes red hexagonal warnings for packaged foods exceeding nutrient thresholds, with businesses given a 365-day voluntary transition period.
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Milo’s Tea surpasses US$1B in retail sales
The Alabama-based beverage company has more than doubled sales since 2022 while expanding distribution to over 65,000 stores across the US.