India: Medusa Beverages aims to double its volumes through capacity expansion in Punjab

Medusa Beverages Pvt. Ltd, the company behind the Medusa beer brands, aims to double its volumes by FY26 through a capacity expansion planned in Punjab in the coming fiscal year, ...
Publicado 04/12/2024 Más

The Netherlands: Heineken stock downgraded to Hold by Deutsche Bank

On December 4, Deutsche Bank adjusted its stance on Heineken NV, downgrading the stock from Buy to Hold and reducing its price target to €76.00 from the previous €95.00. The ...
Publicado 04/12/2024 Más

Sri Lanka: Lion Brewery (Ceylon) Plc in talks with Diageo to license foreign brands

Sri Lanka’s Lion Brewery (Ceylon) Plc, the island’s top beer producer has initiated talks with UK-based Diageo Plc to produce international spirit brands under license, Chief Executive Rajiv Meewakkala was ...
Publicado 04/12/2024 Más

India: Roasted malt imports down 79.4% in 2023

In 2023, overseas purchases of roasted malt by Indian companies decreased by -79.4% to 352 tonnes, falling for the fifth year in a row after two years of growth, IndexBox ...
Publicado 04/12/2024 Más

USA, OH: Taft’s Brewing Company sells its brand to Cincinnati Beverage Company

Taft’s Brewing Company announced the purchase of the brand by Cincinnati Beverage Company on Wednesday, December 4, Fox19.com reported. While Taft’s beer will still be sold in bars, restaurants, grocery stores, ...
Publicado 04/12/2024 Más

USA, SC: Voodoo Brewing Company to close after December 8

A Murrells Inlet brewery says it will close its doors for good after this weekend, WMBF reported on December 4. In a Facebook post on December 4, Voodoo Brewing Company announced ...
Publicado 04/12/2024 Más

USA, ME: Oxbow Brewing Company to acquire Rising Tide Brewing in Portland

Oxbow Brewing Company announced on December 4 that it would acquire Portland-based Rising Tide Brewing in the coming weeks, Bangor Daily News reported. Oxbow, which was founded in 2011 in the ...
Publicado 04/12/2024 Más

Denmark & Russia: Carlsberg agrees to sell its shares in Baltika Breweries

The Carlsberg Group has agreed to a sale of its shares in Baltika Breweries. As part of the agreement, Baltika Breweries will transfer all its shareholdings in Carlsberg Azerbaijan and ...
Publicado 03/12/2024 Más

USA, MI: Upper Hand Brewery being sold to California-based Seven Beverages, Inc.

Bell’s Brewery’s Upper Peninsula offshoot, Upper Hand Brewery, is being sold by the Bell’s parent company in a deal expected to close in early 2025, MLive.com reported on December 3. New ...
Publicado 03/12/2024 Más

Canada, NL: Dildo Brewing Company increasing its footprint with a new facility

A Newfoundland brewery is increasing its footprint with a new facility aimed at almost tripling its beer production, CBC Lite reported on December 3. Pam Goodyear, head of sales for the ...
Publicado 03/12/2024 Más