Primo Brands opens first new factory post merger
The Arkansas plant will increase production for sparkling water brand Mountain Valley as demand for premium beverages surges.
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Beverage bottler Refresco wants to return to the stock market
Dutch beverage producer Refresco is exploring a return to the stock market in collaboration with its major shareholder, KKR. If listed, the Rotterdam-based company could be valued…
Coca-Cola Looks To Sell Costa Coffee, Semafor Reports
Coca-Cola is seeking to unwind its $5 billion (€4.5 billion) acquisition of British coffeehouse Costa Coffee, Semafor reported.
Snacks pricing, “urgency” on drinks – takeaways from PepsiCo’s Q3 results
PepsiCo CEO Ramon Laguarta insisted the company would look “aggressively” at the costs associated with its drinks business in North America. The post Snacks pricing, “urgency” on…
PepsiCo cuts profit forecast as rising costs hit North American business
PepsiCo has lowered its full-year profit forecast, due to rising costs and weaker demand for its snacks and drinks. It now expects core earnings per share, excluding currency…
High costs are causing concern at PepsiCo
Despite a better-than-expected third quarter, PepsiCo is lowering its full-year guidance due to persistently weak demand for snacks and beverages in North America and sharply…
Conte Camillo Cocktails
Mack Brands announced the expansion of Conte Camillo, its premium small-batch cocktail brand, in the United States, with the stateside launch of its complete five-cocktail…
Corona Beer Maker Tops Q2 Estimates, Acquires SpikedAde
Constellation Brands beat second-quarter estimates for profit and sales and said it has bought vodka-based RTD firm SpikedAde.
Diageo to shutter Guinness brewery in Baltimore
The alcohol company is undergoing a $1 billion savings initiative that has involved restructuring its entire business.
Co-op announces refresh and expansion on Fairtrade wine range
Co-op has announced a major refresh in its Fairtrade wine range, set to arrive in stores from this autumn. The convenience retailer is building on its over 20-year partnership…
Molson Coors bets on nonalcoholic drinks with national expansion
The Coors owner plans to further scale its Coors 0.0 brand and launch a nonalcoholic version of Leinenkugel’s summer shandy.
AG Barr profits rise despite £10m summer supply chain hit
AG Barr has reported a rise in revenue ahead of the wider soft drinks market, despite supply disruption during the peak summer trading period. For the 26 weeks ending 1…