The drinks industry briefing
The latest news, trends, and data you need to know about this month
In numbers
€15m
Turkish soft drink producer Uludag has received a loan of €15m from the European Bank for Reconstruction and Development.
$3m
Madre Mezcal has secured $3m investment in a Series A funding round that was led by New York City-based venture capital studio Room 9.
$126m
Nespresso has decided to expand the Avenches production centre in Switzerland with an investment of $126m, to meet the growing demand for high-quality premium coffees.
£115m
Budweiser Brewing Group UK&I has revealed plans to invest more than £115m in its two major UK breweries.
$33m
SunOpta has acquired Hain Celestial Group’s North America non-dairy beverages brands, Dream and WestSoy, for a total consideration of $33m.
In brief
Nestlé Waters begins operations as BlueTriton Brands
Bottled water provider Nestlé Waters North America has commenced operations under the new ‘BlueTriton Brands’ name.
Victory Brewing Company enters hard seltzer segment in the US
US-based Victory Brewing Company has entered the hard seltzer segment with the launch of Victory Waves.
E & J Gallo Winery’s spirits division to acquire Agave Loco
The spirits division of E & J Gallo Winery has finalised an agreement to acquire Agave Loco, owner of cream liqueur brand RumChata.
Amber Beverage Group to build new automated warehouse facility
Luxembourg-based alcohol manufacturer and distributor Amber Beverage Group has signed an agreement with warehousing equipment maker Jungheinrich for purchasing €15.5m equipment for its automated high-bay warehouse.
Further reading
Everything you need to know about Anheuser-Busch InBev's CEO switch-up
With Carlos Britos now confirmed to be leaving the company after 15 years at the helm, we have a look at his legacy over at just-drinks.com, as well as profiling his recently announced replacement, Michel Doukeris.
Read more:
How Anheuser-Busch InBev's Carlos Brito changed the drinks industry like no other