Beer

Heineken Cautious On 2024 Profits Amid Economic Volatility

Dutch brewer Heineken has forecast low- to high-single digit percentage growth in operating profit in 2024, citing volatility in geopolitics and economic c...

Germany Sees 4.5% Decline In Beer Sales In 2023

Beer sales in Germany declined 4.5%, or by 394.2 million litres, in 2023 compared to the previous year.

Tesco Says 'Dry January' Boosts No-And Low-Alcohol Drink Sales

Tesco has reported a strong demand for no-and-low alcohol beer, wine and spirits during ‘Dry January’.

Diageo's Kenyan Unit Calls Tusker Beer Sale Report 'Market Speculation'

East African Breweries (EABL) has dismissed a media report that its parent company Diageo wants to sell the Tusker beer brand as part of broader cuts.

Asahi Acquires Wisconsin-Based Octopi Brewing

Asahi Europe and International (AEI) has acquired Octopi Brewing – a contract beverage production and co-packing facility based in Waunakee, Wisconsi...

Anadolu Efes To Acquire Budweiser Maker's Stake In Russian Joint Venture

Turkish brewer Anadolu Efes is set to acquire AB InBev’s stake in AB InBev Efes, a Russia-based joint venture, in a move that will reduce the Budweis...

Carlsberg's Draught Horses Return Home As Copenhagen Visitor Centre Reopens

Carlsberg's brewery horses are back home after the Old Carlsberg Brewery site in Copenhagen reopened to the public as 'Home of Carlsberg' after a major ren...

Constellation Brands Reorganises Leadership Team

Constellation Brands has announced a series of internal leadership appointments as it seeks to position the company for improved performance over the long...