Beverages
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European soft drinks sector surpasses EU target for reduction in added sugars: UNESDA
EUROPE – The European soft drinks sector has surpassed the EU target for reduction in added sugar, restoring confidence that efforts to cut the amount…
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CCBA quenches thirst of Ethiopian consumers with launch of Minute Maid Refresh
ETHIOPIA – Coca-Cola Beverages Africa Ethiopia has launched Minute Maid Refresh, a new Coca-Cola-produced juice brand, in the local market. The new product was introduced…
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IFC to back Equatorial Coca Cola Bottling Company’s expansion plan with US$71m financing
MOROCCO – Equatorial Coca-Cola Bottling Company (EECBC), bottling company for The Coca Cola Company operating in West and North Africa, is eyeing a €70 million…
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Mexican beverage giant Femsa to make entry into Europe through acquisition of Valora
SWITZERLAND – Fomento Económico Mexicano (Femsa), a Mexican multinational beverage and retail company, has offered a CHF1.1 billion (US$1.15 billion) cash in an acquisition deal…
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South African liqueur brand Amarula launches gin variant amid demand boom
SOUTH AFRICA – South Africa’s famous cream liqueur brand Amarula, has expanded its product line with launch of Amarula African Gin. According to the brand…