Beverages
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PepsiCo posts 9% increase in Q3 revenue despite volume decline in some units
US – PepsiCo has reported a 9% net revenue growth in its third-quarter results for 2022, an increase that was not overshadowed by the volume…
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Heineken Vietnam opens Southeast Asia’s largest and fastest brewery
VIETNAM – Heineken Vietnam has inaugurated its largest brewery in Ba Ria Vung Tau, which has become the region’s largest after multiple expansions over the…
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Constellation Brands is bullish on Canopy Growth picking pace to profitability
US – Constellation Brands has remained upbeat that the changes to Canopy Growth, a cannabis business in Canada, and the U.S., are positioning it for…
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Brown-Forman acquires Venezuelan rum brand Diplomático to bridge gap in its portfolio
VENEZUELA – Jack Daniel’s owner, Brown‑Forman, has agreed to acquire the Diplomático Rum brand and related assets from Destillers United Group for an undisclosed amount.…
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Constellation Brands divests part of its mainstream and premium wine portfolio to The Wine Group
US – Constellation Brands, one of America’s largest beer suppliers, has decided to divest a portion of its mainstream and premium wine portfolio to its…