Denmark: Carlsberg invests $44 million in Ukraine operations
Leading Danish brewer Carlsberg has announced that the company is investing 1.5 billion UAH ($44 million) in its Ukraine operations in 2023. In a press release, the company said the investment would be used to install a new production line to increase capacity for canned products. Oleh Khaidakin, managing director of Carlsberg Ukraine, said: “This […]
Canada: Pernod Ricard to acquire majority stake in Ace Beverage Group
Corby, the Canadian affiliate of wine and spirits multinational Pernod Ricard, has announced that it has signed an agreement to acquire 90% of Ace Beverage Group (ABG), a manufacturer of ready-to-drink alcoholic beverages, for C$148.5 million ($111.8 million). The acquisition will add the Cottage Springs, Ace Hill, Cabana Coast, Liberty Village Beverage and Good Vines […]
USA: Canned wine brand Bev acquired by E & J Gallo Winery
E & J Gallo Winery, a US producer of wine, spirits and flavoured alcoholic beverages, has announced the acquisition of Bev, a California-based drinks brand that produces canned wines. In a statement, E & J Gallo Winery said Bev was founded “to inspire kinder, more inclusive fun in drinking culture at large” and to “creat[e] […]
Germany: Warsteiner to invest in Herford brewery
Warsteiner, the leading German brewing company, has announced a €20 million ($21.6 million) investment in its factory in Herford, Rhineland-Palatinate, according to a report in LebensmittelPraxis. The money will predominantly go towards a new bottling line, but funds have also been earmarked for logistics and marketing. The production line, which is expected to be operational in […]
USA: MGP Ingredients to acquire Penelope Bourbon
MGP Ingredients, a leading provider of distilled spirits, branded spirits, and food ingredient solutions, has announced that its subsidiary Luxco has reached an agreement to purchase Penelope Bourbon and its assets. In a press release, MGP Ingredients said the deal includes a portfolio of high-quality whiskeys in the premium plus price tiers, as well as […]
Look Ahead: Peggy Davies, PLMA – World of Private Label 2023
Gama spoke to Peggy Davies, PLMA President, ahead of the latest edition of PLMA – World of Private Label. What are your expectations for this edition of PLMA? We have seen tremendous interest from the industry; thus, expectations are high. We expect two dynamic days of business meetings, sharing ideas and sourcing for new […]
Brazil: Heineken to invest R$1.5 billion to expand premium beer lines
Multinational Dutch brewer Heineken has announced that the company is to invest R$1.5 billion ($243 million) to expand its premium beer operations in Brazil’s Northeast region. According to an article in Exame, the group is planning to allocate the investment to its Igarassu (Pernambuco) and Alagoinhas (Bahia) plants. The investment will enable the Igarassu plant […]
Tradeshow Insight: Food & Drink Expo 2023
This April, thousands of delegates descended on the National Exhibition Centre (NEC) in Birmingham, as stakeholders from across the hospitality, manufacturing, grocery and speciality & convenience retail sectors once again gathered together for the 2023 edition of the Food & Drink Expo. Altogether, over 1,500 suppliers took to the show floor to showcase their latest […]
USA: Edrington becomes major shareholder of Wyoming Whiskey
Edrington, a UK-based spirit producer has announced the acquisition of an additional stake in US firm Wyoming Whiskey, increasing its shareholding from 35% to 80%. In a press release, Edrington said the Wyoming Whiskey brand has been part of its Partnership Brands unit, which has helped the firm to grow in volume and value in […]
Look Ahead: Giorgio Rigali, Food & Drink Expo 2023
Gama spoke to Giorgio Rigali, Head of Communications, ahead of the latest edition of Food & Drink Expo. What are your expectations for this year’s Food & Drink Expo? This year’s Food & Drink Expo is shaping up to be one of the biggest yet. The UK food and drink industry is fast-paced and […]