WORLD NEWS
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Carlsberg beats analysts’ forecast in Q1, revenue rises to US$2.4bn
DENMARK – Danish brewer Carlsberg has reported double-digit revenue growth, beating analysts’ expectations in the first quarter of 2023 after a strong post-Covid recovery in…
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Unilever reports US$16.25bn turnover in Q1 with Asia Pacific Africa contributing nearly half
UK – British multinational consumer goods company, Unilever, has underpinned the strong performance of a 7% increase in the first quarter turnover to €14.8 billion…
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Kirin Holding to strengthen its presence in health science domain with acquisition of Australian Blackmores Limited
AUSTRALIA – Japanese integrated beverages company, Kirin Holding, has decided to acquire 100% of the outstanding shares of an Australian-based company operating a natural health…
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Nestlé launches Ice Roast for at home cold coffee consumption
CHINA – Swiss food and beverage manufacturer, Nestlé, has launched Ice Roast, the brand’s first-ever soluble coffee designed especially for consumption with cold water or…
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Lotus Beverage Alliance transitions to one-stop-shop company for craft beverage industry
USA – Lotus Beverage Alliance, a collective of six US craft beverage equipment manufacturing companies, has transitioned to a company after a US$100m merger deal…