News
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13 July 2021
Campari and Moët Hennessy to create wine and spirits e-commerce JV
Campari Group and Moët Hennessy have set up a 50/50 joint venture (JV) with an aim to create a European e-commerce player in the wine and spirits segment.
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12 July 2021
Altria to offload Ste Michelle Wine Estates business for $1.2bn
UST, a subsidiary of Altria Group, has agreed to sell its Ste Michelle Wine Estates business to private equity firm Sycamore Partners Management in an all-cash deal worth around $1.2bn.
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9 July 2021
Refresco to acquire German beverage company Hansa-Heemann
Dutch juice and soft drink bottler Refresco has signed an agreement to acquire German mineral water and carbonated soft drinks maker Hansa-Heemann for an undisclosed sum.
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8 July 2021
WSTA urges UK Government to end tariffs on US whiskeys
The Wine and Spirit Trade Association (WSTA) has urged the UK Government to remove tariffs on US whiskeys.
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7 July 2021
Royal Unibrew to acquire French energy drinks company MC Energy
Danish beverage provider Royal Unibrew has reached an agreement to acquire MC Energy, a French energy drinks company and the parent company of the Crazy Tiger brand.
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6 July 2021
Vext Science’s to sell SōRSE’s cannabis infused beverages in Arizona
Vext Science has sealed an agreement to produce and sell SōRSE Technology’s cannabis-infused beverages, called MAJOR, in the US state of Arizona.
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5 July 2021
Moet Hennessy to add ‘sparkling wine’ label to champagne exported to Russia
LVMH’s wine and spirits division Moët Hennessy has reportedly agreed to add a 'sparkling wine' label to champagne products that will be exported to Russia to conform to the new...
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2 July 2021
PepsiCo to reduce sugar content in beverages across the EU
PepsiCo has announced plans to reduce sugar content by 25% in sodas and iced tea beverage portfolios across the EU by 2025.
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1 July 2021
Danone Manifesto Ventures becomes majority stakeholder in Harmless Harvest
Danone Manifesto Ventures (DMV) has acquired a significant stake in Harmless Harvest, which manufactures coconut water and other coconut-based products in the US.
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30 June 2021
Niagara Bottling to build $156m manufacturing facility in Missouri, US
US-based beverage manufacturer Niagara Bottling is set to build a new production facility in Kansas City, Missouri, with an investment of nearly $156m.