20 June 2024
20 June 2024
Relaxed alcohol laws in Finland and Sweden will provide both opportunities and challenges for producers and retailers.
Cacaolat generated a turnover of €82m ($88.1m) in 2023, up more than 12% on 2022.
Indian authorities reportedly shut down a factory and suspended the company's manufacturing licences.
The whisky, gin and vodka distiller plans to issue new shares worth up to Rs10bn ($120m).
CEO John Peller said the decimated crop would not have "any financial disruption” or impact on volumes this year.
The London-listed group’s sale is not a total shock in Nigeria’s tough macroeconomic environment.
Whyte & Mackay said the US can “make or break” brands like Fettercairn - which celebrates its 200th anniversary this year.
Incoming CEO at the enlarged business, Robbert Rietbroek, said the group was "very confident" that the transaction would be approved.
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