Beverages

Supreme Acquires Clearly Drinks Parent Acorn Topco Limited

Supreme PLC has acquired Acorn Topco Limited, the owner of soft drinks maker Clearly Drinks Limited, for £15 million.

'Stable' Outlook For Consumer Goods Industry Over Next 12-18 Months: Moody's

Moody's is anticipating a 'stable' outlook for the consumer goods sector over the next 12-18 months, with average operating profit growth of 3% to 5% expec...

Belgian Retail Sales Increase 11.7% In March

The volume of retail sales in Belgium, excluding fuels, increased by 11.7% in March 2024 compared to the previous month.

China's Crowded Wine Market Offers No Lifeline For Struggling Global Industry

Australia's wine industry has cheered news that China will drop anti-dumping tariffs, re-opening its market to imports, but the tougher economic...

Refresco Acquires California's VBC Bottling Company

Refresco, the independent beverage solutions provider for brands and retailers in Europe, Australia and North America, has completed the acquisition of VBC...

Dutch Discount Retailer Enters Portugal, Eyes Further Expansion

Dutch discount retailer Action has opened its first store in Portugal, in Vila Nova de Gaia, with three more openings planned in the north of the country l...

Premium

Monster Beverage Misses Revenue Estimates As Higher Prices Pinch Demand

Monster Beverage missed Wall Street expectations for fourth-quarter revenue, as budget-conscious consumers turned wary of purchasing the company's hig...

Japan's Asahi Eyes Overseas M&A To Quadruple Sales Of Super Dry Beer

Japan's Asahi Group Holdings is on the hunt for acquisition targets in the United States and elsewhere to quadruple overseas sales of its flagship Super Dr...