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Cava Producer Freixenet To Lay Off 80% Of Workforce Due To Drought

Spanish cava producer Freixenet has presented a plan to temporarily lay off 615 workers due to the drought affecting the Penedes area in Cataloni...

Pernod Ricard Hellas To Distribute Mikks Cocktail Mixers In Greece

Pernod Ricard Hellas has entered into a strategic partnership to distribute bottled cocktail mixers from Mikks in the Greek market.

Tequila Giant Becle Sees Margins Growing After Troubled Year

Mexican distiller Becle said it expects its profit margins to slowly improve thanks to lower input costs that helped it post a forecast-beating fourth quar...

Diageo Contributes €13bn Annually To Europe's Economy, Study Finds

Diageo contributes over €13 billion to Europe’s economy every year, creating jobs for over 200,000 people, a new report from Oxford Economics sh...

Stock Spirits Names Nicolas Rampf As Managing Director Of Borco

Stock Spirits Group (SSG) has appointed Nicolas Rampf as the managing director of its subsidiary Borco, a Hamburg-based producer and marketer of internatio...

Czech Cola Maker Kofola Buys Brewer Pivovary CZ Group

Czech soft drinks maker Kofola CeskoSlovensko will expand into the beer business with the acquisition of Pivovary CZ Group, the country's fifth largest bre...

Global Brewers Reap The Rewards As Drinkers Pay More

Global brewers like Anheuser-Busch Inbev are set to benefit from better profit margins next year, analysts and investors say, because price hikes are unlik...

Campari Q3 Sales Miss Analysts Expectations

Italian spirits group Campari said its third quarter like-for-like sales rose by 4.4% at constant exchange rates, below analyst expectations, sending its s...