Archives for January 6, 2003

← 2003

Israeli drinks merger mulled

Coca-Cola Israel is said to be considering merging its soft drinks and beer units and then joining forces with one of the country's leading wine producers, Carmel Mizrahi, according to press reports.

Belvedere joins CL portfolio

CL Financial is to acquire a minority stake in the French vodka group Belvedere just a few weeks after taking a majority share in Scotch whisky maker Burn Stewart.

Rioja sales rise 15 per cent

Sales of wine from the Spanish Rioja Denomination of Origin grew by nearly 15 per cent in the first 11 months of 2001, driven by both domestic and export sales increases.