LATEST NEWS
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Pernod Ricard takes majority stake in ready-to-serve cocktail brand Cockorico
FRANCE – Pernod Ricard, the world’s second-largest seller of wines and spirits, has acquired a majority stake in Cockorico, a French-based brand specializing in premium…
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Molson Coors offloads three RTD alcohol brands to Global Brands
UK – American multinational drink and brewing company, Molson Coors has divested its three alcohol brands to independent drinks company Global Brands, for an undisclosed…
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Tata Consumer Products increases stake in South Africa-based Joekels Tea Packers to 75%
SOUTH AFRICA – Tata Consumer Products Overseas Holding Ltd, a step-down wholly owned subsidiary of Tata Consumer Products UK Group has acquired an additional 23.3%…
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NCLAT upholds Rs 873 crore penalty on United Breweries and other beer makers
INDIA – The National Company Law Appellate Tribunal (NCLAT) has upheld the Rs 873-crore (approx. US$105.5 million) penalty imposed by the fair-trade regulator CCI (Competition…
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Benson Hill shifts focus to ingredient segment, divests Fresh business for US$21m
US – Benson Hill, a food tech company unlocking the natural genetic diversity of plants, has decided to focus on global opportunities across its Ingredients…