Beverages
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South Africa’s drinks sector welcomes formation of Drinks Federation of South Africa
SOUTH AFRICA – South African beer, wine, and spirits producers of all shapes and sizes have joined hands to help make the alcohol industry a…
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Diageo snaps up American Single Malt Whisky distiller Balcones Distilling
US – Multinational alcoholic beverage company, Diageo plc, has acquired American Single Malt Whisky in the United States, Balcones Distilling (‘Balcones’), making the first full-scale…
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Better Juice launches commercial sugar-reduction facility, eyes expanding production capabilities beyond Israel
ISRAEL – Food-tech start-up Better Juice has scaled up the production of its sugar-reducing immobilized enzymes with the launch of its first full-capacity manufacturing plant.…
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Mondelēz registers 8.1% rise in Q3 net revenue, lifts full-year guidance
US – American multinational confectionery, food, beverage, and snack food company, Mondelēz International, has posted a net revenue of US$7.7 billion, an increase of 8.1%…
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Molson Coors posts 4% growth in Q3 net sales, positive net pricing and favorable sales mix drive growth
US – Molson Coors Beverage Company has registered a net sales increase of 4% in the third quarter of 2022 underpinned by positive net pricing…