19 November 2024
19 November 2024
The family-run Portuguese spirits group talks future growth plans for Safari fruit liqueurs, and why its door is still open to M&A.
Nestlé said the new management of the drinks assets will "evaluate the strategy" for the business, including "exploring partnership opportunities".
The Nordic drinks group is focusing on “core brands with considerable growth potential”.
Last week, the French giant made a revised offer of $27 per share to acquire the remaining shares it does not already own.
The Welsh government said it would look to create its own system that includes glass drinks containers.
The company said production will move to the Elysian Capitol Hill site and its other facilities in the US.
The union said the report underscores the ongoing challenges faced by Europe's wine industry, “particularly in terms of adverse climatic conditions.”
A report from Bacardi shows a third of global drink choices are influenced by bartender recommendations, with Tequila and mezcal their top "categories of interest".
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