French wines and spirits maker The Rémy Cointreau Group has generated €500.7m sales in the first half of the year (April-September), a decline by 5.9% from the same period last year. The fall was steep in the first quarter at ...
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 ...
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
Japanese beverage maker Suntory intends to double the revenue at Beam spirits business to $10bn over the next five years. The firm plans to leverage on the growing demand for drinks such as whiskey and bourbon. In addition, it is ...
Tags: Suntory, beverage maker
Suntory Holdings, a Japan-based beverage firm, has agreed to acquire American spirits maker Beam for around $16bn. As per the agreed terms, both the companies aim to achieve growth in markets across the world, including the US. The ...
Tags: Spirits Maker, Food
UK-based spirits maker Diageo is set to sign an agreement with India-based United Spirits, in which its owns 25.02% stake. Under the terms of the agreement, United Spirits will sell Diageo brands in India, effective October 2013. ...