Beverages
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Constellation brands offloads wine brands to E&J Gallo as it shifts focus to ‘consumer-driven premiumisation trends’
US – American producer and marketer of beer, wine, and spirits Constellation Brands has completed the divestment of more than 30 wine brands to E…
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SA’s beer industry crosses fingers that the alcohol ban won’t prolong beyond mid-January
SOUTH AFRICA – It’s just days after the government of South Africa reinstated the ban on alcohol sales that the industry players have already started…
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French-owned malting house Soufflet commences production in Ethiopia
ETHIOPIA – The Soufflet Group, a French family-owned business focused on collecting and adding value to agricultural raw materials has kick started test production at…
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Japanese beer giant Kirin ventures into Indian craft beer industry with US$30m investment in B9 Beverages
INDIA – Kirin Holdings, a leading Japanese beer maker, is has announced that it will invest US$30 million in New Delhi-based craft beverages maker B9…
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Stevia sweetened soda brand Zevia secures US$200m funding from Canadian investment firm
US – Zevia, a Stevia sweetened soda brand, has closed a US$200 million minority investment from Caisse de dépôt et placement du Québec (CDPQ), an…