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Tag "spirits"

Anti-counterfeiting solution from Guala Closures

Guala Closures partners with Authentic Vision for new anti-counterfeiting closure solution with a wealth of end-consumer marketing opportunities for the spirits, wine and olive oil industries. The innovative solution will

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Another Strong Performance From Stock Spirits Group

    Another Strong Performance From Stock Spirits Group

Stock Spirits Group, Central Europe’s leading branded spirits and liqueurs business, has reported a 4.1% increase in EBITDA to a record Eur63.9 million on a like-for-like basis for 2011. On

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Diageo Gains Regulatory Approval For £630 Million Chinese Acquisition

    Diageo Gains Regulatory Approval For £630 Million Chinese Acquisition

Diageo has received Chinese regulatory clearance to acquire the outstanding shares of Sichuan Shuijingfang Co for £630 million. ShuiJingFang is one of the largest super premium Chinese white spirits brand

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Record Sales For Beam

    Record Sales For Beam

US-based global spirits group Beam (formerly known as Fortune Brands) has reported a 4% rise in operating income to $572.2 million on net sales up 8% to a record $2.3

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Diageo Completes $225 Million Acquisition of Ethiopian Brewer

    Diageo Completes $225 Million Acquisition of Ethiopian Brewer

Diageo has completed the acquisition of Meta Brewery, a leading beer company in Ethiopia, for a cash consideration of $225 million, subject to customary post completion adjustments. The acquisition concludes

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Revenue Sales Fall by £2.2 billion in UK Beer Market

    Revenue Sales Fall by £2.2 billion in UK Beer Market

Hindered by the decline of pub drinking and a lack of broader consumer appeal beyond men, the UK beer market has seen a huge fall from grace in the past

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Cooley Distillery Starts Poitin Revival

    Cooley Distillery Starts Poitin Revival

Independent Irish whiskey producer Cooley Distillery has launched a new range of Poitín products to showcase the traditional spirit of Ireland. Poitín is a clear Irish spirit famous for its

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Interim Profits Surge at Remy Cointreau

    Interim Profits Surge at Remy Cointreau

Reflecting sales growth across all its geographic regions, French spirits group Remy Cointreau has increased current operating profit by 27.3% (up 30.7% organically) to Eur106.2 million for the first six

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Beam Starts Life as a Pure Play Spirits Company

    Beam Starts Life as a Pure Play Spirits Company

Global spirits business Beam has commenced trading as an independent company on the New York Stock Exchange. Formerly known as Fortune Brands, Beam is the remaining company following the separation

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Fortune Brands Spirits Business to be Renamed Beam

    Fortune Brands Spirits Business to be Renamed Beam

Following the expected spin-off of its home and security business on October 3rd, Fortune Brands remaining spirits operation will be renamed Beam. The spin-off company will operate as Fortune Brands Home

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Diageo Completes Acquisition of Mey Icki

    Diageo Completes Acquisition of Mey Icki

Having received the necessary regulatory clearances, Diageo has completed its £1.3 billion acquisition of Mey Icki, the leading spirits company inTurkey. In the financial year ended 31 December 2010 Mey

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Brown-Forman to Build on Record 2011 Performance

    Brown-Forman to Build on Record 2011 Performance

Building on record earnings and operating income in its 2011 financial year, Brown-Forman anticipates continued underlying operating income growth for 2012. The US-based international spirits and wine group reported net

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Strong Growth By Stocks Spirits Group

    Strong Growth By Stocks Spirits Group

Stock Spirits Group, one of Central Europe’s leading branded spirits and liqueurs businesses, has reported double digit organic revenue and profit growth for the year ended December 31st 2010. Revenue

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Diageo to Acquire Turkey’s Leading Spirits Company For £1.3 Billion

    Diageo to Acquire Turkey’s Leading Spirits Company For £1.3 Billion

Diageo has reached agreement to acquire Mey Icki, the leading spirits company in Turkey, for an enterprise value of £1.3b from investment firm TPG Capital and Actera. The transaction is

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Continued Recovery at Pernod Ricard as Full Year Targets Raised

    Continued Recovery at Pernod Ricard as Full Year Targets Raised

Benefiting from an improvement in the global economic environment and favourable currency factors, Pernod Ricard has achieved strong sales and profit growth in the first half ended December 31st last.

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1000th Quality Food Name Registered With EU

The Piacentinu Ennese, a sheep’s cheese from Italy, has became the one thousandth name to be registered under the European Commission’s agricultural product and foodstuff quality labels. Since their creation

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Diageo Looks to Strengthen Rum Portfolio

    Diageo Looks to Strengthen Rum Portfolio

Diageo, the world’s largest spirits group, is holding talks with Industrias Licoreras de Guatemala with a view to acquiring a 50% stake in super premium rum brand Zacapa Centenario. Diageo

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Belvedere Disposes of US Spirits Production Business

Belvedere, the French spirits group, has sold its US production business, Florida Distillers, for $48m. However, Belvedere will retain is US distribution business, which includes the 4 Orange and Sobieski

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Bacardi Completes First Phase of $250 Million Investment in Scotch Whisky Production

    Bacardi Completes First Phase of $250 Million Investment in Scotch Whisky Production

Bacardi, the largest privately held spirits company in the world, has completed the initial phase of its $250m investment in Scotch whisky production. The investment is to meet growing demand

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William Grant Establishes Global Marketing Office in Dublin

    William Grant Establishes Global Marketing Office in Dublin

Premium spirits business and independent Scottish family distiller, William Grant & Sons, has established its new global marketing office in Dublin. Employing 17 people, this office will manage the entire

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Dogged Full Year Performance By Pernod Ricard

    Dogged Full Year Performance By Pernod Ricard

Pernod Ricard, the world’s second largest spirits and wine group, has reported a 1% increase in net profit to Eur951m on net sales down 2% to Eur7.08b for the 2009/10

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Synergy Widens International Reach

    Synergy Widens International Reach

Synergy, one of the leading distilled spirits producers in Russia, has signed distribution agreements for exports of Beluga vodka to Iraq, Vietnam and India, the growing vodka markets in Middle

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Recession Boosts Domestic/local Spirits at Expense of International Brands

  Recession Boosts Domestic/local Spirits at Expense of International Brands

2009 was not a good year for multinational spirits companies. Euromonitor International’s ‘2010 Millionaires’ ranking saw total volumes of international

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Spirited First Half Performance by Campari

Benefiting from good consumption momentum across key brand and markets, the consolidation of its Wild Turkey acquisition and an easy

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Pernod Ricard Reorganises Premium Wine and International Vodka Businesses

  Pernod Ricard Reorganises Premium Wine and International Vodka Businesses

Global wines and spirits group Pernod Ricard has reorganised its premium wines and vodka businesses. A new brand company called

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La Martiniquaise Set For Liqueur Acquisition

French spirits group La Martiniquaise is reported to be the only bidder left for Belvedere’s Marie Brizard liqueur brand following

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Pernod Ricard Disposes of Spanish Wine Interest

Global spirits and wine group Pernod Ricard has agreed to sell its shares in Spanish drinks company Ambrosio Velasco to

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