Beverages
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Molson Coors makes first spirits acquisition with purchase of Blue Run Spirits
USA – Molson Coors, a multinational drink and brewing company, has reached an agreement to acquire the Kentucky-based craft whiskey and Bourbon company Blue Run…
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Condemned alcoholic beverages disappearance leaves Mombasa port officials puzzled
KENYA – A 40-foot container of imported alcoholic beverages lined up for destruction in Mombasa has been found with only empty bottles, puzzling authorities on…
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AB InBev to sell eight beer and drinks brands to Canadian cannabis company Tilray Brands for US$85M
USA – Anheuser-Busch InBev (AB-InBev) has agreed to sell eight craft brands from its portfolio to a Canadian cannabis company Tilray Brands for US$85 million,…
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FEMSA frames multibillion investment in new store as part of expansion move
MEXICO – Mexican Coca-Cola bottler FEMSA is considering investing between US$7 billion to US$8 billion in new store launches over the upcoming five to six…
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Tata’s NourishCo Beverages launches Himalayan Saffron in push towards product diversification
INDIA – NourishCo Beverages, a subsidiary of Tata Consumer Products, is doubling down on its product diversification strategy with the launch of Kashmiri saffron under…