Tsingtao buys North China brewer Xinzhonglou, forms JV with Jiahe Brewery
China-based Tsingtao Brewery has acquired Xinzhonglou, a brewery in North China’s Hebei province, and formed a joint venture (JV) with Jiahe Brewery in Shijiazhuang.
China-based Tsingtao Brewery has acquired Xinzhonglou, a brewery in North China’s Hebei province, and formed a joint venture (JV) with Jiahe Brewery in Shijiazhuang.
Biostime International Holdings (Biostime), a China-based premium pediatric nutrition and baby care products provider, is to purchase 100% equity interest in Changsha Yingke Nutrition Products Company (CYNPC) for CNY350m ($57.8m).
Reily Foods Company, a Los Angeles-based coffee and tea manufacturer, has acquired New England Tea & Coffee Company for an undisclosed amount.
Swire Foods has collaborated with Mövenpick Foods Licensing, a subsidiary of Mövenpick Holding, to form a new coffee joint venture Swire MP Foods in Hong Kong.
Major Brands, a distributor of wines and spirits, has acquired American wine distributor Garco Wine for an undisclosed amount.
Alcohol consumption frequency rates have declined significantly among youth in eighth, tenth and 12th grades primarily due to effective industry self regulation, according to the Monitoring the Future (MTF) study...
UK-based sparkling wine producer Gusbourne Estate has secured a £2m funding from Barclays bank to expand its vineyards and winery in Appledore, Kent.
The Wines and Spirits Trade Association (WSTA) in the UK has launched a new campaign Call Time on Duty, urging the UK Chancellor of Exchequer George Osborne to scrap alcohol...
UK-based Little Valley Brewery is planning to invest about £200,000 in a bottling plant to manage rising demand for its beers.
In an online survey of 2,033 American adults, 11% (one in ten) aged 21 and older said they would prefer to have a non-alcoholic drink on New Year’s Eve.