18 November 2024
18 November 2024
Diageo is setting up a couple of business units that will focus on what the spirits giant calls its “luxury offering”.
The group's 2025 Cocktail Trends Report shows a third of global drink choices are influenced by bartender recommendations, with Tequila and mezcal being bartenders’ top "categories of interest".
Earlier this month, Lifeway rejected an initial offer of $25 per share, arguing the bid “substantially undervalued” the business.
The tea maker said it was “not in administration” and the move had been made “to enable us to pursue a sale of the business”.
President-elect Trump’s appointee as US health secretary had parts of the country’s food industry in his crosshairs during the campaign.
Super Bock wanst to “increase the operational efficiency and environmental sustainability” of the Vitalis plant.
The US business has secured the backing of investors including BrewDog founder James Watt.
Treaty Oak’s assets include a 25-acre distillery in Dripping Springs, Texas.
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