Supplier News
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News
Black Box Intelligence acquires Yumpingo
Black Box seeks to elevate its AI-driven restaurant performance solutions through the acquisition of the guest experience management and survey platform
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Carlsberg: ‘There are no winners’ from tariffs
The Danish brewer is insulated from direct exposure to the levies but warned of the impact on already subdued consumer spending
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Petition for cask beer to be recognised with Unesco status
The petition, supported by Camra and a number of major breweries, calls for British cask ale to be recognised with Unesco’s ’intangible cultural heritage’ status
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Tariffs hit £162m British beer exports
President Donald Trump’s 25% aluminium tariffs, which affect canned beer, are set to impact Britain’s brewing sector, which exports £126m of beer across the Atlantic
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Damm agrees distribution deal with Northern Monk
This strategic partnership will allow Northern Monk to tap into Damm’s extensive on-trade distribution, whilst enhancing the Damm portfolio with a leading UK craft brand
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Diageo GB names Barry O’Sullivan as new MD
O’Sullivan, the current MD of Diageo Ireland, will replace Nuno Teles, who will move to MD of Diageo Mexico
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Younger drinkers favour fruit-flavoured beer over bitter
Demand has risen by 250% in a year, driven by Gen Z seeking lighter, sweeter and lower-alcohol options, The Times reports
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Diageo must tackle ‘inadequate’ production of cash cow Guinness
Cheshire Cat Pubs & Bars owner Tim Bird warned publicans could turn their backs on the stout brand if it did not invest price rises into improved capacity
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Chapel Down names new CFO
Lourens Mouton, who previously worked with Fevertree, joins the drinks supplier as CFO, company secretary, and director on 31 March
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Steve Cox joins Keystone Brewing as CEO
Cox, the former CEO of beer business In Good Company, joins the Breal Capital-backed investor following its acquisitions of Fourpure and Magic Rock
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Heineken to reduce strength of Sol lager
The Dutch brewer will reduce the strength of the drink from 4.2% ABV to 3.4%, paying a lower duty band on the product
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Independent breweries decline at record rate
The UK had 100 fewer independent breweries by the end of 2024 following a wave of insolvencies and buy-outs, according to figures from Siba
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Extreme weather expected to cause food price volatility in 2025 after cost of cocoa and coffee doubles
Trend towards more extreme-weather events will continue to hit crop yields and create price spikes, The Guardian reports
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Heineken warns of weak consumer sentiment
The Dutch brewer saw growing demand for its premium brands, but warned of a decline due to weak consumer confidence in some parts of Europe
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Costa drives down Coca-Cola’s coffee revenues
Costa Coffee’s performance in the UK led to a 3% decline in full year coffee revenue for parent company Coca-Cola
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Beer bottles under threat from net zero targets
The introduction of the so-called ‘glass tax’ could result in an additional 7p per 500ml bottle resulting in many brewers ditching glass in favour of aluminium cans
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Guinness owner suffers pub backlash over price rises
Diageo has been accused of taking advantage of the stout’s surging popularity to increase keg prices, The Telegraph reports
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Pernod Ricard cuts sales outlook on tariff uncertainty
The French spirits group has been hit by slump in Chinese demand for cognac following anti-dumping measures
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Diageo faces profit hit over Trump tariffs
The drinks company is under pressure from new tariffs and has removed medium-term guidance due to uncertainty in many of its key markets
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Molson Coors and Fever-Tree announce strategic partnership
The deal will see Molson Coors expand its non-alcoholic portfolio in the US and become Fever-Tree’s second largest shareholder