Archives for February 25, 2005

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Drinks groups step up investments

Italian spirit maker Campari has today confirmed that it is increasing its stake in US unit Skyy Spirits, while earlier in the week it was the turn of brewer SABMiller to increase its stake in Italy's Peroni group, writes Chris Jones.

WBD merges beverage businesses to cut costs

Russia's leading dairy and juice producer Wimm-Bill-Dann has announced it will merge its juice and water businesses as part of a restructuring plan devised to stop rising transport and raw materials costs from damaging profits, reports Chris Mercer.

EEB slams new EU packaging standards

The European Environmental Bureau (EEB) has slammed new EU packaging standards, claiming they are likely to encourage increased packaging volumes and do little to facilitate greater recycling.

SA targets US wine market, US focuses on Europe

South African winemakers are keen to capitalise on growing interest in their wines from US consumers - and on the predicted growth in the market there. Their US counterparts, meanwhile, continue to focus on Europe, where sales have grown strongly...