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Tag "wine"

UPM Raflatac launches new label stock for wines

UPM Raflatac has launched a new range of label stock products designed to meet the exacting standards of the wine industry in the European market.
The Ice and Ice Premium products ensure that labels maintain their original look and feel in the demanding cold and wet environments that wine bottles –particularly white and sparkling wines – […]

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Smurfit Kappa equips winery with bag-in-box system

Smurfit Kappa is to equip Maison Johanès Boubée, one of the major players in the French wine trade, with filling and Bag-in-Box technologies.
Maison Johanès Boubée, established in 1860, is one of the central purchasing agencies for the Carrefour group. It has three complementary activities: trade/purchasing for private labels, bottling and logistics, and has recently opened a brand new […]

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EFSA to revisit sulphites

EFSA hac consluded the current combined safe level for seven sulphites used as additives in wine and other foods is sufficiently protective for consumers, but it will revisit this conclusion when data from new studies are provided to fill information gaps, reduce uncertainties and fully confirm their safety for consumers.
The seven food additives (sulphur dioxide […]

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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 work by enabling smartphone users to verify the authenticity and origin of a product before consumption, while simultaneously interacting with the brand owners.
The end-to-end solution comprises […]

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Biles Inc creates wine labels for Boutinot

Design agency Biles Inc has created a wine label for wine producer and distributor Boutinot’s new “monstrously good” pinot grigio from Italy.
The wine is called Il Badalisc – named after a mythical creature that legend tells us lives in the woods around the Alpine village of Andrista in Italy, from where he would attack surrounding […]

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KitoZyme promotes unique wine solution

KitoZyme has announced that it is now developing and marketing globally unique, patented wine treatment products, claiming that these natural solutions, made from mushroom extracts, are tempting oenologists from the largest wine cellars in France and further afield.
The start-up from Liège, Belgium, a former spin-off from the University of Liège, says it is a leader […]

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Chinese Food Giant Diversifies into Wine

    Chinese Food Giant Diversifies into Wine

Bright Food, one of China’s largest food groups, is diversifying into the wine sector by acquiring a 70% stake in Diva Bordeaux for an undisclosed sum. The move is in line with the Chinese group’s strategy of developing globally.
Bright Food recently acquired 60% of Weetabix Food Company, the second largest branded manufacturer by value of […]

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Russian Wine Company is Floated

    Russian Wine Company is Floated

Abrau Durso, the largest sparking wine producer in Russia, has been floated on the Russian stock exchange. The IPO is expected to raise $15 million for a 15% stake by the end of April.
The proceeds will be used to develop tourism in the Krasnodar region of Russia, where Abrau Durso is based. Abrau Durso also […]

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£2.4 Billion UK Cider Market is Ripe For Further Development

    £2.4 Billion UK Cider Market is Ripe For Further Development

Cider is the undisputed success story of the UK alcohol category over the past six years, according to new research from Mintel. It has grown its volume sales by just under a quarter (24%) between 2006 and 2011 and over this period its value sales increased from £1.7 billion to £2.4 billion. With pubs seeing […]

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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 six years. Indeed, while the market was worth £17.7 billion in 2006, it will command revenues of just £15.5 billion in 2011 – a £2.2 […]

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Constellation Brands Takes Full Control of Italian Wine Company

    Constellation Brands Takes Full Control of Italian Wine Company

Constellation Brands, the world’s leading wine company, has purchased the remaining 50.1% of Ruffino from MPF International, an entity controlled by the Folonari family of Tuscany, Italy, for approximately €50 million, ($69 million). Constellation also assumes approximately €55 million, ($73 million) of debt, net of cash acquired, as part of the transaction.
 
Constellation now fully owns […]

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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 sales growth of 6% to more than $3.4b in 2011 and increased operating income by 20% to $855m. Excluding the gain on sale from the […]

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British Shoppers Choose Wine by Colour Before Special Offers or Price

    British Shoppers Choose Wine by Colour Before Special Offers or Price

47% of British adults who buy wine for themselves or others in supermarkets or off licences say that the first thing they decide upon is colour, according to new research published by the Wilson Drinks Report. 18% choose special offers on wine first, 13% choose the retail selling price, 9% decide on grape variety, 6% […]

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Constellation Completes Sale of Australian and UK Business

    Constellation Completes Sale of Australian and UK Business

Constellation Brands, the world’s leading premium wine company, has completed the sale of its Australian and UK business to Champ Private Equity of Australia. The transaction is valued at about A$290m (Eur210m). Constellation has retained a 20% interest in the business and received cash proceeds of about A$230m, which will be used to reduce borrowings.
The […]

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Decline in UK On-trade Continues to Benefit Off-trade

    Decline in UK On-trade Continues to Benefit Off-trade

Over the past year value has declined in the UK on-trade across most categories yet value has grown in the off-trade across all categories bar one, according to the latest market data from the Wine & Spirits Trade Association.
The off-trade shows value growth across all categories except fortified wine and volume growth in all categories […]

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Foster’s Turns Down Offer for Wine Business

    Foster’s Turns Down Offer for Wine Business

Foster’s, the Australian brewer and wine maker, is reported to have rejected a cash offer of up to A$2.7b (£1.6b) from an unidentified international private equity firm for its troubled, global wine business, which it plans to demerge. The offer was spurned as undervaluing the wine business, which analysts have valued at more than A$3b.
However, the move […]

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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 financial year ended June 30th 2010. Organic sales growth was 2%, including a significant 9% upturn in the second half, but the results reflect negative […]

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New Wine Trade Agreement Between EU and Australia

    New Wine Trade Agreement Between EU and Australia

A new agreement governing the Eur700 million wine trade between Australia and the European Union comes into force today (1st September 2010).
Replacing an earlier one signed in 1994, the new agreement safeguards the EU’s wine labelling regime, gives full protection to EU geographical indications, including for wines intended for export to third countries, and includes a […]

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SABMiller Interested in Foster’s

    SABMiller Interested in Foster’s

SABMiller, the world’s second biggest brewer, is reported to be considering launching a £7b bid for the beer business of Foster’s, the Australian brewer and wine producer. Carlton & United Brewers, Foster’s beer operation, produces Victoria Bitter and Foster’s lager.
A successful bid by SABMiller would make it the biggest brewer in Australia and strengthen its […]

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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 Premium Wine Brands has been created which is responsible for the development and global strategy of the group’s strategic wine brands. The portfolio includes: Australian wines (Jacob’s Creek), New Zealand wines (Montana and Brancott), as […]

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Foster’s Renames Global Wine Business

Australian brewer Foster’s has renamed its troubled, global wine business as Treasury Wine Estates in advance of a planned demerger next year. With 12,000 hectares of vineyards, 20 wineries and 50 wine brands, including Penfolds, Lindemans, Wolf Blass, Rosemount, Stags’ Leap, Wynn, Beringer and Castello di Gabbiano, Treasury Wine Estates is the second largest wine […]

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