Japanese drinks giant Asahi Beverages has announced that the company is going to cease operations in its Dark Star brewery in Partridge Green, Sussex, on the 31st of December 2022 due to current economic challenges. According to sources, the company said that the facility is operating significantly below capacity, which is not sustainable. Asahi said in statement: “This is not a step we have taken lightly, however, there are significant …
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Japanese drinks giant Asahi has announced the acquisition of Australian soft drinks firm StrangeLove. According to sources, StrangeLove offers a range of adult soft drinks including sparkling waters, low-calorie sodas and premium mixers. Robert Iervasi, Asahi CEO, said: “We expect StrangeLove to really shake things up in the on-premise premium mixer and adult soft drink space with a high-quality, Australian-made brand. This deal will also strengthen our offer to retailers, …
AB InBev, the world-leading brewer, has announced it has agreed to divest Carlton & United Breweries to Japanese beermaker Asahi for an enterprise value of A$16 billion ($11.3 billion). As part of the transaction, AB InBev said it would grant Asahi the rights to commercialize the portfolio of AB InBev’s global and international brands in Australia. The majority of the proceeds from the sale will be used to pay down …
Peroni, the Italian beer firm now owned by Asahi, has announced it has invested €13 million ($14.6 million) to open a new line at its bottling plant in the southern Italian city of Bari. The company said recent investments at the site had allowed it to surpass volumes of 1.8 million hectolitres in 2018, representing an increase of 5.7% on 2017. Commenting on the investment, Bari plant director Michele Cason …
Fuller’s, the UK beermaker, has announced it has entered into an agreement for the sale of its entire beer business to the European division of Japanese drinks giant Asahi for an enterprise value of £250 million on a debt free, cash free basis. The business being sold comprises the entirety of Fuller’s beer, cider and soft drinks brewing and production, wine wholesaling, as well as distribution, and also includes the Griffin Brewery, …
Asahi, the Japanese drinks giant, has announced that it is selling its 20% stake in Chinese beermaker Tsingtao Brewery in a deal worth about $941 million. The group first announced that it was looking to sell its holding in Tsingtao Brewery in October 2017. An 18% stake is being sold to the Chinese conglomerate Fosun for about $847 million, while Tsingtao Brewery itself will pay about $94 million for the …
Japan-based drinks firm Asahi has announced its intention to sell part or all of its 20% stake in Tsingtao Brewery, the second-largest beer maker in China, for around $1.2 billion. The stake was originally acquired by Asahi in 2009 from Belgium-based beermaker AB InBev for around $666 million. Asahi has been shedding a number of its assets in Asian markets in order to refocus on the growth of its overseas …
Leading beverage maker Asahi has announced the launch of a new coffee jelly drink under the long established coffee brand Wonda. The new Wonda Shake Jelly Coffee is presented in a plastic bottle and is sold with a separate sachet of milk powder that is designed to be mixed into the drink before being consumed. In this way consumers are said to be able to ‘customise’ the ‘milkiness’ of the …
Japan based beverage maker Asahi has unveiled two new “innovative” spirits brands in Japan under the brand name Coffey. The “premium” brands, to be available from June, are Coffey Gin and Coffey Vodka, sold under the Nikka brand. Both are said to have been distilled in a “Coffey still”, which is claimed to be”a very traditional and rare patent Nikka still imported from Scotland in 1963″. Coffey Gin is said …
Leading Japanese baby food manufacture Wakodo, part of the Asahi group, has launched a new brand called Rakuraku Manma (Easy Food). The brand offers two dried noodle products to support mothers to reduce the time it takes to cook baby food. Claimed to be “easy to scoop”, the noodles are pre-cut into 1cm lengths, reportedly making them easier for babies to eat and more convenient for mothers since the cooking time is shorter than regular noodles. …
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