Beverages
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Molson Coors announces new corporate restructuring to accelerate growth
US – Chicago-based beverage giant, Molson Coors has created a centralized commercial function in its America’s business unit designed to accelerate its growth in the…
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Valuation difference drawbacks Tata Group’s takeover talks with Bisleri International
INDIA – Tata Group’s talk, which had reached an advanced stage for a potential takeover of one of India’s largest bottled water makers, Bisleri International…
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India’s ethnic beverage leader Xotik Frujus to expand into packaged drinking water segment
INDIA – Xotik Frujus, a Daman-based beverage company, has announced its entry into the Rs 28,000-crore (US$3.39bn) packaged drinking water segment in two months. The…
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Coca-Cola Beverages Africa reinforces World Without Waste goal with various waste collection projects
AFRICA – Coca-Cola Beverages Africa (CCBA) has committed a total of 10 million Birr (US$185,579) in subsidies to its plastic beverage bottle collectors in Addis…
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Distell achieves 13.6% revenue growth in South Africa for FY22, cautions on future prospects as global recession continues
SOUTH AFRICA – Distell, the second-biggest cider producer in the world, has reported a revenue rise of 13.6% with volume growth of 9.7% in South…