Supplier News – Page 3
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NewsUK is fastest growing low alcohol beer market in the world
The IWSR said a post-Brexit overhaul of alcohol duties has spurred brewers to take advantage of lower rates by launching new or revamped products below 3.5% ABV
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NewsOn-trade remains challenged for Fever-Tree
The drinks supplier’s UK revenue dropped 6% to £50.9m in H1 FY24 against poor weather and a subdued consumer backdrop
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NewsC&C Group trading in line with expectations
Net revenues are expected be down 3%, reflecting growth at Matthew Clark & Bibendum and the performance of its core and premium brands, offset by the disposal of its NAB business in Ireland
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NewsCarlsberg volumes hit by bad weather
Despite weaker than expected sales in Q2, and a volume decline in Western Europe, the Danish brewer is lifting its forecast for full year operating profit
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NewsChopstix takes first step into retail with cooking sauces
The leading Asian-inspired QSR brand has launched its ‘Wok Pot’ range into over 500 Iceland & Food Warehouse stores
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NewsPernod Ricard to offload wine portfolio
The owner of Australia’s Accolade Wines will take on brands such as Jacob’s Creek, Campo Viejo and St Hugo, as Pernod focusses on premium spirits and champagne
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NewsChampagne all round: the French invasion of English vineyards
Continental wine houses plough millions into UK land amid British viticulture boom, The Telegraph reports
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NewsBritvic rebuffs Carlberg £3.1bn takeover bid
The Britvic board and its advisers “carefully considered the proposal”, and concluded that it “significantly undervalues Britvic, and its current and future prospects”
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NewsBeverage sector serves up cheap drinks for all
Despite current wobbles, selling drinks remains a good business, the Financial Times reports
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NewsAsahi: Low & no will generate 50% of global sales by 2040
The Japanese brewing company, which owns Fuller’s beer, is expanding its line-up of low & no beverages through investments in start-ups, to cater to a growing number of health-conscious consumers turn away from alcohol
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NewsZero Carbon Forum launches Marketplace
The new directory is designed to point hospitality and brewing operators to suppliers offering sustainable products and services
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NewsRockfish partners with Westmorland Family
The seafood specialist is launching a digital fish counter at the motorway service operator’s Gloucester location
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NewsMajestic completes acquisition of Vagabond
The retailer and supplier has acquired the wine bar concept out of administration, saving nine bars from closure, though the Canary Wharf and Gatwick airport sites were not included as part of the deal
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NewsBrewery insolvencies triple in 2023
Breal Capital, which recently rebranded its growing beer business to Keystone Brewing Group has been active in acquiring distressed businesses such as Purity, Black Sheep, Brew by Numbers and Brick
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NewsSysco GB returns to profit for first time since 2018
The foodservice supplier, which is continuing to pursue acquisitions, posted UK revenues of £2.8bn in 2023
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NewsAsahi’s Greenwich brewery closure ‘another blow to British brewing’
Asahi UK is moving production of Meantime and Dark Star to Fuller’s Griffin Brewery where they will “retain their own unique brand identities”
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NewsHow a taste for cheap chicken is transforming Britain
A boom in poultry farming has been blamed for housebuilding delays and turning rivers green, The Telegraph reports
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NewsCarlsberg Marston’s scrapping of Burton Union System ‘hugely disappointing’
The historic brewing system is being retired at Burton-on-Trent after the joint venture revealed it was no longer viable
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NewsDiageo shares hit lowest level in four years amid China trade row
Shares at the Guinness maker are now trading at their lowest level since November 2020 in the face of weakening sales and trouble with Chinese trade
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NewsCarlsberg Marston’s Brewing Company to close Ringwood Brewery
The joint venture has been trying to sell the Hampshire brewery since June, but will close it in January after being unable to find a buyer