Beverages
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Coca Cola HBC rides on post covid market recovery to record stellar performance in Q3
SWITZERLAND – Swiss multinational bottling company, Coca Cola HBC has reported 17.1% currency-neutral revenue growth in its third quarter mainly driven by a recovery of sales as…
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Beam Suntory to divest US spirit and coffee business to Phillips Distilling
US – American multinational alcoholic beverage company, Beam Suntory has agreed to sell 100% ownership of Leroux and Kamora to US spirits company Phillips Distilling. …
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SABC group announces US$8.8m investment to boost glass production capacity
CAMEROON – Cameroonian beverage giant, Société Anonyme des Brasseries du Cameroun (SABC), is seeking to invest an estimated of XAF5 billion (US$8.8m) to renovate its…
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Ethiopia based brewer United Beverages SC introduces new premium beer brand dubbed Waliin
ETHIOPIA – United Beverages SC, a joint venture between family-owned Kangaroo Industrial Group and United Africa Beverages Company in Ethiopia, has launched a new beer…
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US spirits exports to Europe set to rebound following lifting of retaliatory tariffs
EUROPE – Export of whiskey and bourbon products to the European Union by US distillers is set to rebound following a decision by the European Commission…