Karbach is latest craft brewing acquisition for Anheuser-Busch

Anheuser-Busch is planning to buy Karbach Brewing Co, its ninth craft brewer, which will become part of The High End, the division that focuses on craft and import brands.The terms of the deal were not revealed.Karbach Brewing was founded in 2011 in Houston and within three years was producing 40,000 barrels a year. In 2014, it expanded with a...

Goya Foods expands distribution facility

US-based Goya Foods is expanding its North American processing centre in Brookshire, Texas by adding 324,000 square feet of production space, a distribution warehouse, a production office and auxiliary buildings.The expansion project by KDW, the Houston-based design/build general contractor, almost doubles Goya’s existing 380,000 sqft facility west of Houston where the company produces more than 2,500 food products from the Caribbean, Mexico, Spain, Central and South America.President Bob...

Coca-Cola bottling president to retire

Irial Finan, a 36-year veteran of The Coca-Cola Company, plans to retire from his post as executive vice president and president of its Bottling Investments Group.Calin Dragan, who currently serves as regional director, will take over when Finan retires in March next year.Chief executive James Quincey, said: “I want to thank Irial for his leadership and dedicated service to...

Coke to build second facility in Cambodia

Coca-Cola is planning to build a second filling plant in Cambodia, South East Asia.The US$100 million plant in Phnom Penh’s Special Economic Zone will more than triple Coca-Cola’s current output in the country, said the company in statement.Lina Lim, public affairs manager for Cambodia Beverage Company, Coca-Cola’s local bottling partner, said that construction of the plant would begin in...

Private label soft drinks under threat from brands

Volumes of private label soft drinks have returned to growth in West Europe after two years of decline but still underperform against branded products, according to the latest report on the sector from Canadean.The researcher’s latest Q2 beverage trackers for Europe also show that private label drinks also continued to perform well in East Europe, where they are a...

Canned alcoholic water launched in Canada

A canned alcoholic beverage made with sparkling water has been launched on the Canadian market by Sleeman Breweries-owned Squeez’d Beverages.The ready-to-drink product uses a mix of vodka and a hint of natural fruit flavours with an ABV of 5 per cent and 110 calories per serving, sold in packs of four 355ml slim cans.Squeez’d Beverages director of marketing Scott...

Another blow for Australian canned infant formula maker Bellamy’s

Hopes that Australian canned infant formula producer Bellamy’s Organic would be able to pack its own range of products have been dealt a blow following the suspension of a licence to export to China, its key market.Bellamy’s A$28.5 million acquisition in June of the Camperdown Dairy International’s Braeside powder canning facility came with the key Certification Accreditation Administration of...

Czech firm takes over Pepsi operations

Czech bottled water giant Karlovarské Minerální Vody (KMV) has taken over PepsiCo’s franchises and operations in the Czech Republic, Hungary, and Poland in a deal which the company believes will boost its turnover by 50 percent.Expected to be finalised in the first half of this year, once complete, KMV will possess the rights to sell Pepsi, Mirinda, 7Up, Gatorade, Lipton, and...

San Miguel to merge alcohol and food units

San Miguel is to merge its Filipino beer and spirits business units into its Pure Foods division in a bid to attract investors in the company.San Miguel Brewery and Ginebra San Miguel will merge into San Miguel Pure Foods and will be listed as San Miguel Food and Beverage on the Philippines stock exchange through a share-swap transaction worth...

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