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Tag "Australia"

Further Global Expansion For Nestle’s Kit Kat Brand

    Further Global Expansion For Nestle’s Kit Kat Brand

Brazilians will have the opportunity to ‘Have a Break’ and ‘Have a Kit Kat’ when the original milk chocolate with crunchy wafer confectionery snack lands in the country on July

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Foster’s Rejects A$11.2b SABMiller Approach

    Foster’s Rejects A$11.2b SABMiller Approach

Foster’s Group, the largest brewer in Australia, has rejected an unsolicited A$11.2b (Eur8.3b) acquisition approach from SABMiller. The proposal to acquire Foster’s is in line with SABMiller’s strategy to create

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Ebro Foods to Expand International Rice Business

Spanish food group Ebro Foods is in negotiations to acquire Australian rice producer SunRice for an enterprise value of A$600m (Eur425m). Based in New South Wales and listed on the

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Campari Acquires Liqueur Brands From William Grant For €128 Million

    Campari Acquires Liqueur Brands From William Grant For €128 Million

Italian drinks producer Gruppo Campari is acquiring the Carolans, Frangelico and Irish Mist brands from William Grant & Sons, the Scotch whisky distiller. The acquisition reinforces Campari’s position as a

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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

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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

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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

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