WORLD NEWS
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Diageo sells Korean whisky brand Windsor to private equity group for US$162m
SOUTH KOREA – British alcoholic beverage company Diageo has agreed to sell its premium Scotch whisky brand, Windsor, to Bayside/Metis private equity group, for KRW 200…
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European brewers Heineken, Carlsberg to completely exit Russian market
RUSSIA – European multinational brewing giants Heineken and Carlsberg have announced plans to completely exit the Russian market following the country’s invasion of its Neighbour…
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Coca-Cola United bolsters US presence with new US$10m sales center in Panama City
USA – Coca-Cola Bottling Company United, the third-largest bottler of Coca-Cola products in the United States, has opened a new US$10 million facility in Panama City.…
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Bimbo to install solar microgrids in US baking plants in push to cut carbon emissions
USA — Bimbo Bakeries USA (BBU), a subsidiary of Mexican multinational baking company Grupo Bimbo, is installing solar energy microgrids at its facilities in an…
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Barry Callebaut strengthens Asia Pacific presence with opening of chocolate plant in Australia
AUSTRALIA — Swiss cocoa processor and chocolate manufacturer, Barry Callebaut is bolstering its capabilities in the Asia Pacific region with the opening of an expanded…