The Nightcap: 1 April masterofmalt.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from masterofmalt.com Daily Mail and Mail on Sunday newspapers.
2021 sees spate of new drinks industry acquisitions
15 March 2021 By db staff
Another day, another deal. Since Christmas the big drinks companies have been adding to their portfolios and reshaping their businesses at a hectic pace.
An onlooker would easily conclude that the industry believes it is heading for a new period of substantial growth, with none of the major participants wanting to miss out.
First off the mark in early January was Constellation Brands. The US$810m sale (with possible add ons) of its sub $11 commodity wines portfolio to Gallo had been long negotiated and needed revising several times to meet US Federal trade concerns, but immediately the ink was on the contract, Constellation reinforced its balance sheet through early redemption of $500m debts.
Friday, 12 March 2021 16:43
Travel Retail Sustainability Week, the industryâs first virtual event dedicated completely to sustainability, runs from 19-23 April.
A special webinar focusing on developments in sustainable packaging and single-use plastic alternatives will be held during Travel Retail Sustainability Week (19-23 April).
The ‘Wrap it up’ session will take place on
Tuesday 20 April between 14:00 – 15:30 (GMT) and promises to be a revealing and in-depth inspection of eco-friendly alternatives.
From biodegradables and oxo-biodegradables to compostables and even solubles… brands, retailers and travel partners are faced with a myriad of options plus conflicting messages about the sustainable replacements to single-use plastics.
Companies large and small from around the world are proposing a host of solutions that are designed to be more protective of the planet.
Spirits Market is Booming Worldwide | Remy Cointreau, The Edrington Group texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.