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Keurig Dr Pepper posts 'strong' Q3 results, names new finance chief
Keurig Dr Pepper has posted an 11.8% increase in third-quarter sales on a constant currency basis, driven by favourable net price realisation of 12.1%.
Campari Group acquires minority stake in Catalyst Spirits
Campari Group has acquired a minority stake in global spirits incubator Catalyst Sprits, a shareholder in Howler Head banana-flavoured bourbon.
Strong Asia sales help drive 11.6% organic revenue growth for Carlsberg in Q3
Carlsberg has posted organic revenue growth of 11.6% for its third quarter, after it was boosted by strong demand in Asia.
Accelerating sales in Mexico and South Africa boost AB InBev in Q3
AB InBev has posted organic revenue growth of 12.1% for its third quarter, after it saw growing demand for its drinks in Mexico and South Africa.
Valio announces energy-efficient investment at Lapinlahti factory
Valio has announced the completion of what it has termed its “biggest energy-efficiency investment” at the Lapinlahti factory in Finland.
China Resources Beer unit to acquire baijiu maker for $1.7bn
A unit of China Resources Beer has agreed to acquire a 55.19% stake in Guizhou Jinsha Jiaojiu Winery Industry for RMB 12.3bn (approx. $1.7bn).
Ausnutria Dairy buys 50% stake in Dutch cheese producer Amalthea
Amalthea and Ausnutria had already been working together prior to the deal; however, the acquisition will allow the companies to combine their strengths.
Heineken Q3 beer volumes up 8.9%, sees signs of slowdown in European market
Heineken has recorded an 8.9% rise in Q3 beer volumes on a like-for-like basis but cautioned that it is seeing “some signs of softness in consumer demand”.
Mondelēz invests additional $600m in Cocoa Life programme
In addition to the investment, Mondelēz is calling for sector-wide collaboration to help address current environmental and social challenges.
Red Bull co-founder Dietrich Mateschitz passes away aged 78
CEO of Formula One, Stefano Domenicali, said in a statement: “I am deeply saddened by the news that Dietrich Mateschitz has passed away”.
Coca-Cola beats analysts' expectations for Q3 revenue, raises guidance
The Coca-Cola Company has raised its guidance for the full year after its third-quarter performance was boosted by higher prices.
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