Beverages
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Diageo opposes bid to block sale of EABL stake to Asahi in court
Diageo challenges court bid to halt sale of its EABL stake to Asahi, as distributor Bia Tosha argues the deal could undermine its long-running legal dispute.
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Tilray Brands partners with Popsicle to launch 5% ABV ready-to-drink Popsicle Hard cocktails
Tilray and Popsicle introduce nostalgic flavored alcoholic drinks, expanding into canned cocktails while strengthening Tilray’s beverage portfolio through strategic partnerships and acquisitions.
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Nestlé pushes ahead with US$5.75B Perrier and San Pellegrino deal
Private equity firms advance in bidding for Nestlé’s water business stake as the company accelerates restructuring and shifts focus to higher-growth categories.
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Sula Vineyards acquires Moët Hennessy’s Chanon estate in India
Sula Vineyards to acquire Chandon estate in Nashik, boosting production capacity and wine tourism ambitions as Moët Hennessy exits wine production in India.
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Reyes Beverage Group acquires RNDC operations across 10 US states and Washington
Reyes Beverage Group expands footprint with major RNDC acquisition, strengthening distribution network across multiple US states amid ongoing shifts in the alcoholic beverage industry.