Food and consumer good giant Unilever reported sharply increased third-quarter revenues, as sales of ice cream jumped and emerging markets saw heavy growth.
Treasury Wine Estates will acquire the majority of assets from Diageo’s US and UK wine operations for $552m, including Blossom Hill in the UK and Beaulieu Vineyards in the US.
With the deal to create the world’s biggest brewer agreed in principle, the Chinese and Australasian beer landscapes are destined to change, say analysts.
Pepsi China will enter the mobile phone business, ending 24 hours of frenzied and incredulous speculation by technology web sites, some of which suspected the move was an elaborate hoax.
Nestlé Waters will increase the use of rPET by 38% for its most popular Arrowhead Mountain Spring Water bottles, ensuring it contains 50% recycled content by the end of 2016.
AB InBev says it is ‘surprised’ at SABMiller’s reaction to its mega-brewer proposal: after SABMiller yesterday rejected a $103.6bn / £68bn takeover approach.
The UK’s advertising watchdog has banned a Strongbow advert for implying that a “relationship with Strongbow was as important as a significant romantic relationship.”
Anheuser-Busch InBev has made an offer to SAB Miller, valuing the company at around $103.6bn / £68bn, it announced this morning. It says the combination of the two companies can build ‘the first truly global beer company.'
While the new aspartame-free version of Diet Pepsi has been on sale since August, it’s “way too early” to provide an update on how it’s doing, PepsiCo CEO Indra Nooyi told analysts during the Q3 earnings call today.
Update on European Commission Phase II proceedings
Ball has allegedly received a statement of objections (SO) from competition watchdogs over its deal with Rexam, warning it may increase the price of aluminum cans and bottles.
Research highlighting the variation in soft drink sugar content around the world – a difference of as much as 29g sugar (7 teaspoons) per 330ml for the same brand in different countries - has been released by campaign group Action on Sugar.
The official ground breaking ceremony for Brown-Forman’s $50m Slane Distillery in Ireland took place today, representing its entry into distilling Irish whiskey.
Transparency on sustainability needs to go beyond data on packaging if it is to really engage consumers, says Nescafé, as it partners with Google to launch a virtual reality coffee experience.
Nearly 200 Carlsberg engineers, brewers, processors and packers will take part in an a continuous ban on overtime and work-to-rule on Thursday (October 1), after the firm imposed what Unite the union described as a worldwide pay freeze.
Heineken has announced a joint venture in Ivory Coast to produce and market beer in the country, under the name Brassivoire. The foundation stone for a $172m beer production site is being laid today.
Anheuser-Busch InBev is buying Golden Road Brewing, pointing to its ‘awesome portfolio’ of beers, the culture and passion for the beer, and its growth and achievements in Los Angeles as reasons for the partnership.
When you give meaning to something, people want to pay for it and this applies to any brand or product, according to Erwin Dito, former innovation and packaging director Western Europe, Anheuser Busch InBev.
The beer market in China has declined recently but individualisation and people buying their beer online has risen in the country, according to Thomas Delory, global procurement team leader, Packaging S&T, Carlsberg.
PepsiCo has struck a legal settlement with The Center for Environmental Health in which it has agreed to keep levels of 4-mei (4-Methylimidazole) – an impurity generated during the production of caramel colors III and IV – below an agreed limit in Pepsi...
Yesterday AB InBev and SABMiller confirmed they are exploring a mega-brewer tie-up, which would create a force controlling an incredible 30% of global beer volumes. So what would this mean for the industry - and what are the challenges it could face? Here's...
Nescafé is abandoning its traditional websites in favour of Tumblr: a move aimed to appeal to millennial consumers and particularly those using smart phones and tablets.
European food bodies have reiterated calls to better regulate the sports food, drink and supplement category to ease uncertainty and inconsistency across the EU’s 28 member states – and boost innovation.
Coca-Cola-backed high-protein milk brand fairlife isn’t sharing any numbers, yet. But if you’re wondering how it’s performing, the answer is very nicely, says communications director Anders Porter, who says the firm is also working on a suite of products...
The opening of a CHF 300m ($307m) Nespresso plant demonstrates Nestlé’s trust in the brand, said Nestlé CEO Paul Bulcke at the launch of the new plant in Romont, Switzerland, today.
Many multinational food and beverage brands are missing their biggest chance to address climate risks, according to the global non-profit group CDP, which says companies need to work closer with suppliers to improve agricultural emissions.
Diageo hopes its non-alcoholic Guinness will improve fortunes in Indonesia, with the alcoholic beverage giant saying the beverage is addressing market trends in the country, and legislation which now bans the sale of beer in some stores.
A New York federal judge has dismissed most claims in a lawsuit accusing Nestlé Waters North America of “deceptive, fraudulent and predatory behavior” in a bid to drive a small competitor out of business, but allowed two claims to proceed.
Brown-Forman acknowledges increased competition in the American whiskey and flavored whiskey categories, but is determined Jack Daniel’s can power through the challenges.
SIG Combibloc & Nestlé Mexico expand ‘Coffee Mate’ range
Beverage portion sizes are decreasing due to consumer concerns about sugar and calorie intake and plant-based alternatives to dairy products are finding a ready market with consumers, according to SIG Combibloc.
While news that Coca-Cola and Goldman Sachs’ merchant banking division have invested in organic juice brand Suja probably didn’t shock anyone that’s been tracking its jaw-dropping growth trajectory, it’s hard to believe that Suja is still less than three...
Coca-Cola is taking a minority stake in super-premium organic juice firm Suja and will distribute the San-Diego-based firm’s products through its Odwalla chilled direct store delivery system.
Consumer preferences in beer are shifting away from heavy glass packaging to lighter aluminium cans and PET bottle formats, says North American brewing giant Molson Coors.
Nestlé says Nespresso innovations – such as a further expanded Grand Crus range, additional cafes and boutiques, and even automated outlets – are keeping the coffee business in good shape against increased competition.
Coca-Cola has seen ‘positive momentum’ in Greece despite challenging conditions, but remains cautious about the remainder of 2015. Meanwhile, aspartame-free Diet Pepsi hits shelves in the US… read on for more Beverage Bites.
The merger of Coca-Cola Enterprises (CCE) with two other European bottlers could result in job losses and plant closures, according to a leading analyst.
