News & Analysis for the Beverage Industry
Belgium's Interbrew has acquired the US rights to its Bass Ale brand, bringing a premature end to an earlier agreement with Diageo. The comapny also reported a slide in profits in the first half, despite some good performances in core markets.
Strong organic growth from the premium drinks business was one of several key drivers of growth at Diageo, the UK company which is now wholly focused on its beer, wine and spirits business. Smirnoff Ice and other RTD brands performed particularly well...
The launch of the new Zinniz fruit-flavoured beer brand helped Grolsch lift its share of an otherwise sluggish Dutch market. Strong performances in the UK also contributed to a 6.6 per cent rise in turnover during the half.
Galaxy Nutritional Foods, a producer of plant-based dairy alternatives, has extended its UltraSmoothie range with the launch of a single-serve version, expected to go on sale in the US from October 2002.