WORLD NEWS
-
Mondelēz sales rise 8% in Q3 as increased travel, mobility stimulate demand for core brands
USA – Mondelēz International has reported an 8% rise in sales for Q3 mainly driven by elevated demands for its confectionery products as markets open up and people travel…
-
Coca Cola HBC rides on post covid market recovery to record stellar performance in Q3
SWITZERLAND – Swiss multinational bottling company, Coca Cola HBC has reported 17.1% currency-neutral revenue growth in its third quarter mainly driven by a recovery of sales as…
-
Beam Suntory to divest US spirit and coffee business to Phillips Distilling
US – American multinational alcoholic beverage company, Beam Suntory has agreed to sell 100% ownership of Leroux and Kamora to US spirits company Phillips Distilling. …
-
Utz Brands expands snack portfolio with acquisition of tortilla chips maker RW Garcia
USA – US manufacturer of salty snacks, Utz Brands is acquiring family-owned maker of organic snacks RW Garcia for US$56 million. The acquisition gives Utz additional production capacity in…
-
Coca-cola owned Innocent Drinks invests US$260m in new carbon-neutral juice factory
NETHERLANDS – UK-based Coca-Cola subsidiary, Juice Drinks is investing more than US$260 million in building a first of its kind smoothies and juice drinks factory…