Beverages
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Symington Family Estates expands to Portuguese sparkling wine sector
PORTUGAL – Symington Family Estates, a Portuguese wine company, and Port wine house has expanded to the Portuguese sparkling wine business through the acquisition of…
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PepsiCo acquires strategic stake in energy-drinks maker Celsius Holdings
US – American food and beverage giant, PepsiCo, is going for an 8.5% stake in US energy-drinks maker Celsius Holdings, to strengthen its strategic distribution…
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Kirin Holdings to expand to health care space as beer business loses momentum
JAPAN – Kirin Holdings, Japan’s second-largest brewer, is eyeing the health care space in order to reduce its reliance on beer which may be forced…
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Coca-Cola’s Dasani brand adopts 100% rPET bottles in North America
NORTH AMERICA – Beverage major, Coca-Cola, is shifting its Dasani branded water bottles to 100% recycled polyethylene terephthalate (rPET) types across the US and Canada.…
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Delta Corporation posts double digit revenue growth backed by bullish performance across all segments
ZIMBABWE – Zimbabwe’s largest beverage company, Delta Corporation, has registered a 55% growth in revenue in the first quarter ended 30 June 2022. The rise…