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Bacardi to acquire sub premium Whisky brands in India?
Bacardi – is planning to acquire mid-segment brands in India. “We will acquire brands, especially in the whisky segment, that will fit into our premium market strategy,” said Mahesh Madhavan,...
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Frucor is cleared to take over NZ rival Simply Squeezed
Frucor Beverages, the local unit of Japan’s Suntory Holdings, gained regulator approval to acquire rival juice business Simply Squeezed. Frucor is New Zealand’s second-largest non-alcoholic drink...
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Heineken H1 profits up by 13% – share price soars to 11 month high
* H1 op profit up 13 pct to 993 mln eur vs f’cast 927 mln * Forecasts high single-digit pct rise in 2009 net profit * Achieves 50 mln euros of savings from latest plan * Shares rise more than 9 pct to...
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Bitburger launches in Vietnam & Laos
Bitburger launched its product in Hanoi this month and announced its selection of local firm Kinh Bac Investment and Trading Joint-stock Co., or KBT, as a strategic partner and exclusive distributor...
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Fosters Group 2009 Results – Sales Up, Profits Up in very challenging Markets
Sales, profit and cash up in challenging markets · Net sales revenue up 2.7% to $4.5 billion · Net profit up 4.0% to $741.5 million and earnings per share1 up 4.6% to 38.5 cents · Operating cash flow...
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Asia Pacific Breweries – Global Beer Brands Launch
Kolkata, Asia Pacific Breweries Ltd (APB) is planning to launch two to three of its international brands of strong beer in India by December, according to Mr Chetan Gupta, Marketing Manager of its...
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Gopalan Nair continues to criticize Singapore judge Belinda Ang
He was jailed three months last year for using “abusive” language against a lady judge in Singapore, but it appeared that Gopalan Nair had not learnt his lesson yet. In his latest post on his blog –...
View ArticleWelcome to InDrinks
A short introduction to the Drinks Industry’s Professional & Social Network – InDrinks. To join InDrinks you need to be a member of LinkedIn. You can join the group here: www.indrinks.net
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Kirin to cut annual profit forecasts
Kirin Holdings Co., Japan’s biggest beverage maker, cut its full-year net income forecast by 25 percent on costs to close two domestic breweries in the shrinking beer market. Net income may be 45...
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Suntory purchases Orangina Schweppes in $3.8 Billion deal
By Junko Hayashi and Naoko Fujimura Nov. 13 (Bloomberg) — Suntory Holdings Ltd. said it purchased European drinkmaker Orangina Schweppes from Blackstone Group LP and Lion Capital LLP as Japan’s...
View ArticleOctober ’09 sees Japanese Beer shipments at all time low
Shipments of beer and beer-like alcoholic beverages in Japan fell 4.3 percent to 37.98 million cases in October, setting a record low for the month, industry reports said Thursday. The number was the...
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Tsingtao & Asahi to create joint Procurement & Production strategies
Tsingtao Brewery Co Ltd, China’s second-largest beer brewer, and Japanese alcoholic beverage producer Asahi Breweries Ltd held a news conference in Tokyo on Wednesday to consolidate their cooperation,...
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Samson Wong to head up APB Shanghai Unit
APB Appoints New General Manager for Shanghai Asia Pacific Brewery Co. Ltd Asia Pacific Breweries Ltd (APB) is pleased to announce that Mr Samson Wong will assume the position of General Manager,...
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Kirin to build new Brewery in New Zealand
Kirin Holdings Co. (TYO:2503) plans to invest roughly 23 billion yen to support beer production in Australia and New Zealand through Lion Nathan Ltd., which became Kirin’s wholly own unit last month....
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Canadian Clear Water FZC Installs Desalination Plants in Egypt, Iraq & Oman
Canadian Clear Water FZC, Internationally acclaimed water technology solution provider, has set up 20 Million USD desalination plants in Egypt, Oman & Iraq to serve to meet the growing demand for...
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Pepsi Facilities in China, Chile Deploy Orion Energy Systems Technology
PepsiCo International has chosen to install technology from Orion Systems Inc. at its Nanchang, China, and Santiago, Chile, facilities — projects that will reduce energy waste and associated energy...
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San Miguel Brewery Acquires Group’s Global Beer Business
San Miguel Brewery Inc., a 48.39% owned company of Kirin Holdings Company, Limited have announced the signing of a Share Purchase Agreement with San Miguel Corporation for the acquisition of SMC’s...
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San Miguel Brewery Looking For Growth After $300m Beer Deal
San Miguel Brewery has reaffirmed that it is looking to grow across Asia, after announcing that it will buy the international beer unit of parent San Miguel Corp for $300m. Under the deal, SMB will...
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Sabeco predict rising consumer demand for Beer in Vietnam
Sai Gon Alcohol Beer and Beverage Corporation (Sabeco), leading brewer in Vietnam, expects an increase in domestic demand for beer in this year, it is reported on Wednesday. Sabeco anticipates...
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Asahi becomes top beer in Japan despite decline in sales.
TOKYO (Kyodo) — Asahi Breweries Ltd. recaptured Japan’s beer market leadership in 2010, garnering a 37.5 percent market share after falling to second place in the previous year, according to data...
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