Craft brewers join forces across Europe

Craft brewing associations in nine European countries have agreed to form a new body called the Independent Brewers of Europe (IBE), whose aim is to promote and advance the mutual interests of its members.Groups from France, Italy, Denmark, Ireland, Sweden, the United Kingdom, Spain, Netherlands and the Czech Republic (*see list below), all of whom represent smaller, independent craft...

Krones completes process technology acquisition in US

German filling and packaging machinery supplier Krones has completed the acquisition of food and beverage processing equipment manufacturer W M Sprinkman Corporation.Founded in 1929 and with sales of around US$35 million last year, US-based Sprinkman specialises in the dairy and brewing industries, with its customer base ranging from start-up microbreweries to large multi-national producers.In acquiring Sprinkman, Krones and its...

Kraft Heinz commits $100m to emerging technologies

Food and beverage giant Kraft Heinz has launched venture fund Evolv Ventures as it plans to invest in emerging technology companies that it thinks will transform the food industry.Kraft Heinz has committed up to US$100 million to the fund, which will be based in Chicago, and brought on board investor Bill Pescatello to lead it.“New technological innovations in the...

Profits jump 16 per cent at PepsiCo as Indra Nooyi signs off

Beverage and snacks giant PepsiCo exceeded expectations with its third-quarter results as its global sales grew by 2.5 per cent to US$16.5 billion, compared with the same period in 2017 and 3Q net profit jumped 16 per cent year-on-year to $2.5bn. The results were the last for chief executive Indra Nooyi before she handed over the reins to company president...

Dunkin’ launches its first canned coffee

Dunkin’ Donuts, the US-based multinational fast-food chain which recently chained its name to Dunkin’, has launched its first canned ready-to-drink coffee. Produced and distributed by The Coca-Cola Company, Shot in the Dark is said to combine the classic tastes of Dunkin’s signature coffee and espresso. Offered in caramel, mocha and vanilla, the drinks are packed in 8.1oz slim cans.The launch...

Coca-Cola Amatil opens expanded bottling plant in Australia

An expanded Coca-Cola Amatil (CCA) bottling and warehouse facility at Brisbane has been officially opened by Queensland’s premier Annastacia Palaszczuk.Capable of producing more than 90 million unit cases of drinks each year for Australia and for export markets, the A$165 million ($118.5m) plant is now CCA's largest site in the country. It will produce a range of sparkling and...

KHS wins sustainability award for its glue-dot Nature MultiPack

A multi-pack system that uses 85 per cent less material than shrink film to hold cans together has been presented with a Green Star Packaging Award.A subsidiary of German machinery supplier KHS developed the Nature MultiPack a year ago and it was recently commercialised by brewer Carlsberg.The Green Star Packaging Award recognises sustainable packaging and recycling, and improvements in...

Craft beer launches in Europe beat North America

More than half of the global craft beer product launches in 2017 came from Europe, with fewer than a fifth from North America.Research from Mintel shows that there has been a reversal in the growth of new craft beers, with Europe representing 54 per cent and North America 19 per cent of new launches, compared with 29 per cent...

Sugar tax fails to dent Irn-Bru producer’s results

Despite the impact of the UK sugar tax, hot summer weather and a carbon-dioxide shortage, Irn-Bru canner AG Barr reported improved sales and profits for the first half of the year.The Scots-based firm’s sales were £129.8 million ($170.8m), up by 5.5 per cent compared to the same period last year, with profit before tax also increasing to 4 per...

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