Beverages
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Australia’s Treasury Wine Estates strengthens US presence with US$900M acquisition of DAOU Vineyards
AUSTRALIA – Treasury Wine Estates, a top Australian wine producer, has acquired its rival U.S. winemaker DAOU Vineyards, in a bid to strengthen its presence…
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Coca-Cola India bottling partner to build US$84M bottling facility in Uttar Pradesh
INDIA – SLMG Beverages, a bottling partner of Coca-Cola India, is building a new six-line production facility in Trishundi, Amethi, Uttar Pradesh. Uttar Pradesh Chief…
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Diageo completes sale of Windsor Global whisky unit to Korean company
UK – British multinational alcoholic beverage company, Diageo has completed the sale of Windsor Global whisky unit to a Korean company PT W Co., Ltd. …
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Tiger Brands launches “first of its kind” plant-based RTD
SOUTH AFRICA – Tiger Brands, one of the biggest food producers in Africa, has launched its ready-to-drink (RTD) Jungle Oat Drink range, reportedly a first…
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Nigerian Breweries nine-month revenue marginally rise despite decline in sale volumes
NIGERIA – Nigerian Breweries Plc, Nigeria’s pioneer and largest brewing company, has reported a net revenue of N402bn (US$509M) during the nine months ending 31st…