Jan 8, 2025 · In 2023, family office investment firm Kliro Capital Partners acquired the UK-based Intercontinental Brands (ICB) in a bid to create a new independent spirits business, which was launched in late 2024 under the name Fortitude Spirits Group.

HiteJinro makes foreign distillery debut with Vietnam move. The move is part of HiteJinro’s Global Vision 2030 strategy, which is aimed at building the popularity of soju worldwide.

Nov 22, 2024 · In 2024, the drinks industry has seen corporate activity continue to be shaped by factors including consumers’ interest in health, the desire among some majors (particularly but not exclusively in spirits) to declutter their cabinets and, in the opposite direction, the tactical bets placed by players in different categories to diversify their product sets.

Jan 9, 2025 · Fresh fruit juices and smoothies maker Odwalla has returned to the US market after being discontinued by The Coca-Cola Co. in 2020. Full Sail Partners, a subsidiary of private-equity firm Warburg Pincus, took over the brand in 2021. It will now be working with Mexican fruit juice company Grupo Jumex ...

Jul 3, 2024 · Carlsberg, which has operated in the UK as Carlsberg Marston’s Brewing Company since 2020, will see its license terminated on 31 December. It intends to continue producing, distributing and selling San Miguel in the UK “as normal until this time”.

Jan 31, 2025 · According to figures from GlobalData, Just Drinks’ parent, the global market for 0% non-alcoholic beer jumped by more than 40% in volume terms (or at a CAGR of more than 7%) from 2018 to 2023, when the data and analytics group estimates 2.39bn litres were sold worldwide. Improvements in product quality, the rise in the number of drinkers looking to reduce their alcohol consumption and the ...

Dec 18, 2024 · Last week, US food manufacturer Conagra Brands set out plans to affix labels on some of its Healthy Choice products in the new year in a bid to catch the eye of users of GLP-1 drugs.. The “On Track” badge will be used on Healthy Choice SKUs that are “high in protein, low in calories and a good source of fibre”, the US manufacturer said, claiming the 26 products are “GLP-1 friendly”.

Jan 29, 2025 · The so-called natural food and beverage industry in the US had been on a steady rise for decades but it’s suffered in recent years amid the pressures that have hit the whole industry. However, the page has now turned and 2025 is going to be an important year for emerging brands in the natural ...

Jan 7, 2025 · The move is intended to provide Joriki “breathing room while it evaluates strategic alternatives”, it added. According to the notice, roughly C$203m ($142m) is owed to hundreds of creditors, ranging from ingredients companies Ingredion and Tate & Lyle Solutions to packaging group Tetra Pak and the Canadian Revenue Agency and Bank of Nova Scotia.

Jan 15, 2025 · The comments were in response to a report from the French investigative news outlet La Lettre yesterday (14 January), which indicated LVMH’s Champagne was being sold into Russia through US duty-free distributors, labelling them as “special orders”. In its statement, LVMH stressed its Moët Hennessy division in Russia, which carried out “direct imports” was closed shut following the ...