South Korea: Diageo to raise prices of some of its whiskey and tequila brands

Diageo Korea announced it will raise the price of some whiskey and tequila by about 18% from next month, mk.co.kr reported on June 24. There are five types of items to ...
Published 26/06/2024 More

UK: Carlsberg on the verge of submitting a third takeover bid for Britvic

Carlsberg is on the verge of submitting a third takeover bid for Britvic after Pepsi gave the potential deal its blessing, City A.M. reported on June 24. Over the weekend, it ...
Published 26/06/2024 More

EU: Europeans continue historic drinking habits

Mediterranean countries continue to be the leaders in wine drinking and northern and central Europeans prefer a beer, according to a new study of alcohol trends in the region, The ...
Published 26/06/2024 More

EU: Barley crop forecast reduced on yield and quality concerns in France

Wet conditions persist across much of Europe, amidst normal temperatures. Crop ratings have improved slightly, 2RS 74% and 6RW 65% Good/Excellent but remain well below average (87/89), RMI Analytics said ...
Published 26/06/2024 More

Australia: Lion Australia to move Boag’s beer production from Tasmania to mainland

An iconic northern Tasmanian beer will move some of its beer-making operations to the mainland in response to a declining market and increased manufacturing costs, ABC reported on June 25. Lion ...
Published 26/06/2024 More

USA, CA: Athletic Brewing Company buys a second brewing facility in San Diego

Athletic Brewing Company has announced the purchase of a second brewing facility in San Diego, California, US, for an undisclosed sum, FoodBev Media reported on June 25. The 107,000-square-foot brewery is ...
Published 26/06/2024 More

Austria: Heineken’s Austrian subsidiary facing fine for alleged market abuse

The Austrian Federal Competition Authority (BWB) has proposed imposing a significant fine on Brau Union for alleged market abuse and cartel violations, InsideBeer reported on June 18. Brau Union is Austria's ...
Published 25/06/2024 More

Vietnam: Heineken to ‘temporarily suspend’ one of its Vietnam breweries as beer sales decline

Heineken has decided to “temporarily suspend” one of its breweries in Vietnam against a backdrop of declining beer sales in the country, Reuters reported on June 24. The site, located in ...
Published 25/06/2024 More

World: Heineken places €900 million of 12-year Notes

Heineken N.V. on June 24 announced that it has successfully placed €900 million of 12-year Notes with a coupon of 3.812%. The Notes will be issued under the Company's Euro Medium ...
Published 25/06/2024 More

USA: Washington hop growers dramatically curtailing production

Washington hop growers are dramatically curtailing production amid a crushing glut and chilling demand for both craft and commercial beer, Tri-City Herald reported on June 23. In the language of the ...
Published 25/06/2024 More