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Newlat Food has agreed to acquire a Diageo drinks plant in Italy

2 days ago | just-drinks.com | Eszter Racz

Italy-based Newlat Food has agreed to acquire a Diageo drinks plant in the country that had been earmarked for closure. What’s included in your subscription: Personalized Access: Secure login to Just Drinks Industry News & Expert Commentary: Timely updates and exclusive C-level interviews. Case Studies & Deep Dives: Real-world applications and in-depth analyses.
Heineken in spat with Jumbo over Netherlands brands boycott

5 days ago | just-drinks.com | Fiona Holland

Heineken has taken Dutch supermarket chain Jumbo to court over the retailer halting orders of a clutch of the brewer’s brands. What’s included in your subscription: Personalized Access: Secure login to Just Drinks Industry News & Expert Commentary: Timely updates and exclusive C-level interviews. Case Studies & Deep Dives: Real-world applications and in-depth analyses.
Beer giant Tsingtao to buy Chinese rice wine business

6 days ago | just-drinks.com | Shivam Mishra

Chinese brewing major Tsingtao is set to diversify its portfolio by acquiring local grain-based winemaker Jimo Yellow Wine for 665m yuan ($92m). Under the terms of the deal, Tsingtao will purchase 45.45% equity from international trade company Hiking Group and 54.55% from its subsidiary Lujin Group.
US beer slowdown “cyclical” will ease, Molson Coors CEO says

6 days ago | just-drinks.com | Dean Best

The steeper-than-expected decline in US beer sales will abate in the months ahead, Molson Coors Beverage Co.’s CEO has suggested. Yesterday (8 May), the Coors Light brewer cut its sales and profit forecasts for 2025, pointing to “the impacts of the global macroeconomic environment on the beer industry and consumer trends”. The new forecasts came as the company reported an 11.3% fall in first-quarter net sales $2.3bn.
AB InBev focusing on off-trade to bolster China growth

6 days ago | just-drinks.com | Fiona Holland

Anheuser-Busch InBev is stepping up its efforts in the off-trade channel in China in a bid to improve its performance in the market. Speaking to analysts following the release of the group’s first-quarter results, AB InBev CEO Michel Doukeris said there was “more to do” in China, where the group’s revenues fell more than 12% in the opening three months of the year. “We are accelerating the expansion in the off-trade,” he said. “Massive opportunity there.
JDE Peet's sells Turkey tea assets

6 days ago | just-drinks.com | Shivam Mishra

JDE Peet’s has sold its tea business in Turkey to Efor Holding as part of the group’s efforts to “optimise resource allocation” and “simplify” operating models. What’s included in your subscription: Personalized Access: Secure login to Just Drinks Industry News & Expert Commentary: Timely updates and exclusive C-level interviews. Case Studies & Deep Dives: Real-world applications and in-depth analyses.
Nestlé ordered to remove system filters from France water sites

1 week ago | just-drinks.com | Fiona Holland

French authorities have ordered Nestlé to remove system filters from its Vergèze and Vosges sites in France, which produce bottled water brands such as Perrier and Contrex. According to Le Monde, the prefecture of the Gard region demanded yesterday (7 May) that the Swiss food and drinks giant stop using “0.2 micron diameter filters” at its Perrier plant in Vergèze, and that it had two months to remove them.
Molson Coors cuts sales, profit forecasts after Q1 declines

1 week ago | just-drinks.com | Ben Wein

Canadian-American brewer Molson Coors has cut its sales and profit forecasts for 2025 after a challenging first quarter. The Cobra, Staropramen and Carling producer is forecasting low single-digit year-on-year decreases in net sales on a constant-currency basis and underlying (non-GAAP) income before income taxes. In February, Molson Coors had forecast its sales by that metric would rise at a low single-digit rate in 2025.
Gut feeling: prebiotic soda’s healthy prospects - Just Drinks

1 week ago | just-drinks.com | Simon Creasey

Few beverage categories are as hot as prebiotic sodas at the moment. Last month, PepsiCo announced it had agreed a deal to acquire US prebiotic soda brand Poppi for $1.95bn. The brand reportedly racked up sales of more than $500m in 2024 in the US and even booked an illustrious Super Bowl advertising spot. Poppi’s success isn’t an isolated example. Other prebiotic soda brands have enjoyed growing popularity as consumer interest in their health of their guts has increased.
German drinks group Oettinger confirms cyberattack

1 week ago | just-drinks.com | Dean Best

Oettinger Getränke, the German beer and soft-drinks group, is investigating a cyberattack on the business. In a brief statement, the privately owned company confirmed the breach and said it was looking into the “potential” for data leaks. According to specialist publication Cybernews, ransomware group Ransom House claims to hold data from the brewer. Ransom House has posted a warning to the company online, Cybernews said.