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Beverages – World News
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Pernod Ricard reports 7.6% drop in Q1 organic sales amid weakness in US, China markets
The spirits maker faced sharp sales declines in the US and China, driven by inventory adjustments and economic headwinds.
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Indonesian recycler is tackling the country’s garbage problem
Amandina Bumi Nusantara operates Indonesia’s first recycling factory for food-grade rPET – and they’ve chosen Krones recycling technology for the job.
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India’s CCI approves Tilaknagar Industries’ acquisition of Pernod Ricard’s Imperial Brands
The deal marks the largest domestic acquisition in India’s alcoholic beverages sector, boosting Tilaknagar’s whisky market expansion.
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Bira to raise US$132M to support working capital needs, clear pending obligations
Indian craft brewer Bira eyes $132 million in fresh capital to strengthen operations and support business restructuring plans.
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Finlays acquires Leahy-IFP to strengthen position in global natural beverage market
The acquisition enhances Finlays’ presence in North America and expands its capabilities in natural fruit-based and extract beverages.