Beverages
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Dutch Government launches criminal investigation against Heineken over deposits cans rule
NETHERLANDS – Heineken, one of the largest brewers by volume in the world, is facing a criminal investigation after allegedly failing to meet the deadline…
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EABL’s full year profit shrinks 20.8% as illicit liqour makes a comeback
EAST AFRICA – East African Breweries Plc (EABL) has revealed that the resurgence in illicit trade, as consumers move to cheaper unregulated products because of…
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Coca-Cola to adjust prices according to local market inflation, posts 34% profit growth in H1 2023
GLOBAL – Coca-Cola aims to take price with local market inflation in developing and emerging markets even as the company sees consumers globally are getting…
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Keurig Dr Pepper acquires minority shares at La Colombe for US$300m
USA – Keurig Dr Pepper (KDP), a leading producer and distributor of hot and cold beverages, has made a capital investment of US$300m in La…
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Beam Suntory appoints Greg Hughes as new CEO
US – Beam Suntory, a leading global spirits company known for its iconic brands, has announced the resignation of its president and CEO Albert Baladi…