Beverages
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AB InBev to construct US$413m brewery in Colombia
COLOMBIA – AB InBev’s local brewer in Colombia, Bavaria, has allocated roughly US$413 million to be used in the construction of a new brewery in…
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Danone battles massive plastic pollution allegation lawsuit with three environmental groups
FRANCE – French multinational food-products corporation, Danone, has strongly refuted allegations of plastic mega pollution by several non-governmental organizations. Three environmental groups ClientEarth, Surfrider Foundation…
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Reliance Consumer Products continues strategic expansion with 50% stake acquisition in Sosyo Hajoori Beverages
INDIA – The fast-moving consumer goods arm of Reliance Industries Ltd, Reliance Consumer Products Ltd (RCPL), seeks “to enhance its beverage portfolio” with the acquisition…
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Pernod Ricard takes majority stake in ready-to-serve cocktail brand Cockorico
FRANCE – Pernod Ricard, the world’s second-largest seller of wines and spirits, has acquired a majority stake in Cockorico, a French-based brand specializing in premium…
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Molson Coors offloads three RTD alcohol brands to Global Brands
UK – American multinational drink and brewing company, Molson Coors has divested its three alcohol brands to independent drinks company Global Brands, for an undisclosed…