The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Alcohol
Modelo launches first non-alcoholic option with Chelada Limón y Sal
Constellation Brands' US beer brand, Modelo, has debuted its first-ever non-alcoholic beverage: Modelo Chelada Limón y Sal Non-Alcoholic.
AB InBev to reacquire stake in US metal container operations for $3bn
The transaction is valued at approximately $3 billion and is expected to enhance AB InBev's operational control over its packaging facilities, which are critical to its supply chain.
Suntory Global Spirits appoints Davin Nugent as president of global RTD category
Suntory Global Spirits, a leading player in the premium spirits market, has announced the appointment of Davin Nugent as President of Global Ready-To-Drink.
Kenyan distributor asks High Court to halt Diageo’s $2.3bn EABL sale to Asahi – Reuters
Kenyan beer distributor Bia Tosha has filed a case at Kenya’s High Court, asking that Diageo’s $2.3 billion East African Breweries (EABL) sale to Asahi is blocked.
Anheuser-Busch expands non-alcohol portfolio with Michelob Ultra Zero Lime
Anheuser-Busch has unveiled its latest offering, Michelob Ultra Zero Lime, aiming to capitalise on the burgeoning non-alcoholic beverage market
Saudi Arabia tests narrow alcohol framework, sending early signals to global F&B firms
Saudi Arabia is cautiously easing its alcohol ban, a limited shift prompting global food, beverage and hospitality groups to reassess the kingdom’s consumer market.
AB InBev to shut two US factories and sell another to consolidate operations
Anheuser-Busch InBev has confirmed plans to close two US breweries and offload another, stating that the decision means it can ‘invest more in remaining operations.’ The company is shutting facilities in Fairfield, California and Merrimack, New Hampshire, while its brewery in Newark, New Jersey, will be sold to a property business, Goodman Group. A spokesperson for AB InBev said: “Over the last five years we have taken steps to update and modernise our US manufacturing operations, investing...
Pernod Ricard sells US Mumm Napa sparkling wine business to Trinchero
Pernod Ricard has signed an agreement to sell its Mumm Napa sparkling wine activities in the US to California-based wine and spirits company Trinchero.
Campari sells Averna and Zedda Piras to Disaronno owner Illva Saronno for €100m
Campari Group has agreed to sell its Averna and Zedda Piras liqueurs to Italian spirits group Illva Saronno, owner of the Disaronno brand.
Diageo to sell EABL shareholding to Asahi in $2.3bn deal
Diageo has agreed to sell its 65% shareholding in East African Breweries (EABL) to Asahi Group for $2.3 billion.
BrewDog expands alcohol-free portfolio with functional magnesium beer
BrewDog has added a brand-new, functional alcohol-free beer, containing magnesium, balm extract and chamomile, to its portfolio.
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