British spirits maker Diageo expects Asia to drive sales growth of its products by 50%, inspite of the fluctuations in its Asia unit. Diageo CEO Ivan Menezes told BBC that the basics in the Asian region are still strong. For instance, the ...
Marine logistics company Oricon Enterprises (OEL), a flagship company of Parijat Enterprises, will be acquiring 70% stake in India-based Oriental Containers for $16.77m (INR105cr). OEL will buy the company from its Mauritius-based joint ...
Tags: OEL, water closures, Packaging
Chinese food establishment Cofco is exploring deals for possible acquisitions or partnerships in the US, a move that could provide the company with access to the world’s largest source of corn and a top soybean grower. Cofco ...
Tags: Cofco, Grain Market, Food
Dutch bottler of soft drinks and juices Refresco Gerber BV has raised $597m (€548m) through initial public offering on Amsterdam stock exchange. This is its third IPO this year, reported Bloomberg. Refresco sold 37.8 million ...
Tags: juices, facilities, Food
US-based leading wine producer and distributor E & J Gallo Winery has agreed to acquire sparkling wine producer J Vineyards & Winery. Established in 1986 by Judy Jordan, J Vineyards & Winery is located in Sonoma County's Russian River ...
Pernod Ricard intends to borrow up to $240.4m in a bid to break the dominance of Diageo-controlled United Spirits's share in the Indian spirits market. United Spirits holds one third of the share in the Indian market. Without ...
UK Chancellor of the Exchequer George Osborne has cut duty on spirits and cider by 2% and froze duty on wine and slashed the price of beer by a penny a pint for the third year now. In the budget speech presented in the House of ...
Porto Cruz has launched a new design for its classic range to retain the style of the product and to enhance its brand visibility. The company will introduce the new packaging in Tawny, White, Ruby, Special Reserve and Pink at Prowein ...
Tags: Porto Cruz, new packaging, Scotch Whisky, Vodka
Big Trouble Malting and Spirits will open a new malting facility and craft distillery in the city of Petersburg, in the US state of Virginia. As part of its plans, the company will invest in site improvements, equipment, and new building ...
Tags: Agriculture, Food
Quintessential Brands has acquired French spirits producer Lafragette & Legier (L&L) from French American Vintners. The acquisition marks an important step in the company's growth as an international drinks business. This ...
Tags: spirits, Quintessential Brands
US-based wine company Sazerac is set to expand its Taaka vodka brand with the introduction of two new flavors. The new Taaka Watermelon and Taaka Pineapple vodkas will be available across the country, beginning this spring, The Spirits ...
Tags: Pineapple vodkas, vodkas
Chivas Regal, a brand owned by French wines and spirits producer Pernod Ricard, has expanded its whiskey range with the introduction of new Chivas Regal Extra in the US. Made from Chivas' house whiskies that have matured in Oloroso sherry ...
Tags: French wines, spirits
Wines and spirits producer Pernod Ricard has launched Yellow Spot in the US which was previously available exclusively in select European countries. Produced by Mitchell & Son Wine and Spirit Merchants in Dublin, Yellow Spot is made from ...
Tags: Irish Whiskey, spirits
One week ahead of Spring Festival, China's firework companies are feeling heavy pressure as they face a stagnant market going into their busiest sales period, with demand shrinking amid bans on firework displays. Setting off fireworks ...
Tags: Fireworks Industry, firework
The Winebow Group, a wine and craft spirits importer in the US, has acquired Purple Feet Wines for an undisclosed amount. Purple Feet Wines will operate as a member of The Winebow Group. Founded in 1997, Purple Feet Wines distributes ...
Tags: Winebow Group, Purple Feet Wines