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Drinks Industry News
474 posts
Brown-Forman’s New Mix growth offsets softer tequila as developed markets weaken
Brown-Forman keeps fiscal 2027 guidance as RTD sales jump 20%, but Jack Daniel’s, tequila and developed-market weakness keep pressure on growth.
KDP has nearly $29bn of pro forma net debt, so the $925m Chobani deal has a clear purpose
KDP is selling its Chobani stake and Pennsylvania facility for $925m, using the cash to reduce debt while preserving La Colombe distribution economics.
Saothair Capital buys FIFCO USA from Heineken and restores North American Breweries name
Saothair buys FIFCO USA from Heineken and restores the North American Breweries name, putting Genesee, Labatt and a major US brewery under new ownership.
Celsius turns to ESPN College GameDay as Alani Nu reshapes its beverage portfolio
Celsius makes ESPN College GameDay its biggest sports platform yet, while CELSIUS brand sales weakness and lower margins complicate the growth story ahead.
KFC Canada is spending C$30m on drinks, and the real target may be customers who are not hungry
KFC Canada is investing C$30m in Kwench beverages, testing whether shakes, refreshers and coffee can create a meaningful sales engine beyond chicken now.
Why Viva Wine’s SEK3.45bn takeover arrives as acquisitions grow revenue but organic sales decline
Viva Wine’s SEK3.45bn takeover has regulatory clearance, but the 90% acceptance threshold now decides whether the Swedish wine group actually goes private.
Why Beach Day Every Day’s C$1.2m EBITDA makes Prime Drink’s acquisition unusually consequential
Prime Drink’s C$10m Beach Day deal could transform PRME, but a potential 130m-share expansion puts dilution at the heart of the investment case.
Pernod Ricard takes full ownership of Italicus as premium spirits portfolio evolves
Pernod Ricard takes full control of Italicus as sales weaken, testing whether targeted premium spirits bets can offset pressure in the US and China now.
Why Third Wave Coffee wants 320 cafes before fiscal year-end as competition intensifies
Third Wave Coffee raises â‚ą408 crore for a 320-cafe push, but the undisclosed primary-secondary split leaves its true expansion firepower unclear for now.
Why Republic National Distributing is cutting 558 Georgia jobs after Chapter 11 filing
Republic National Distributing Company is eliminating 558 Georgia positions by October 19 as its Chapter 11 process moves from asset sales toward an orderly wind-down of operations that have not found buyers, exposing how quickly a once-national distribution network has contracted.