Beverages
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Grand Oak wades into saturated Nigerian bitters market with launch of Korect Bitters
NIGERIA – Grand Oak Limited, the manufacturer of popular Nigerian alcoholic drink Seamans Schnapps, has entered the bitters market with the launch of ‘Korect Bitters’. …
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British multinational drink company Diageo to invest US$33.19M in expanding Baileys facility
UK – British multinational alcoholic beverage company Diageo has received regulatory permission to expand its Baileys global supply facility in Mallusk, Northern Ireland, at a…
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Molson Coors, Pernod Ricard make new investments to tap into booming US whiskey market
US – A booming whiskey market in the US has attracted new investment from alcoholic beverage giants Molson Coors and Pernod Ricard. French firm Pernod…
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East African Breweries low annual profit impacts performance at Nairobi Stock Exchange
KENYA – A KES 3.3 billion (US$22.89 million) drop in the annual profits of East African Breweries (EABL) has come back to haunt the region’s…
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Spirits giant Bacardi branded “international war sponsor”
UKRAINE – Bermudian based company Bacardi has been listed as an “international sponsor of war” by The National Agency on Corruption Prevention (NACP) for its…