Beverages
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EBRD, EU support help Serbian packaging producer Comex upgrades equipment to meet highest global standards
SERBIA – Comex, a Serbian company specialising in the production of flexible food and non-food packaging and wrapping materials, is the latest beneficiary of an EBRD and European Union…
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Altria to sell wine business for US$1.2B in renewed focus on tobacco
US – Altria Group, Inc., a leading producer of tobacco products, has announced that its subsidiary, UST LLC, has entered into a definitive agreement to sell its…
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Molson Coors ending production of Coors Seltzer to focus on more popular brands
US – US multinational beverage company, Molson Coors, is ending production of Coors Seltzer to focus on more popular hard seltzers in its portfolio such as Topo…
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Refresco to expand presence in German beverage market with acquisition of Hansa-Heeman
GERMANY – Refresco, the world’s largest independent bottler of beverages, has entered into an agreement to acquire Hansa-Heemann, a German independent beverage manufacturer that specializes in the production and bottling…
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South African wine industry raises alarm over inability to stay afloat with continued domestic sale bans
SOUTH AFRICA – South Africa’s wine body, Vinpro, has raised red flags pertaining to the continued restrictions imposed on domestic wine sales, which is deemed…