30 January 2025
30 January 2025
The speculation about Guinness grabbed the headlines – and boosted Diageo’s share price – but other, less eye-catching, moves by the company’s new top team could rebuild investor confidence.
As part of the agreement, the beer giant will manage the sales, distribution and production of Fevertree’s products in the US.
Kennedy said, if elected, he will “scrutinise the chemical additives in our food supply”.
The majority of the sum will go towards installing a new can-filling line at its Halle facility in eastern Germany.
The maker of Heidsieck & Co Monopole Champagne pointed to the context of declining volumes in the sector and lower harvest yields.
The Swiss giant is planning to increase the capacity of production plants in Veracruz, Guanajuato, Querétaro and the State of Mexico.
Oddbird said it has raised "above $1m" to help it push into more states in the US, which is the fledgling company's largest market.
Before Covid-19, pressure on supply chains and high inflation, smaller brands – particularly better-for-you products – were gaining ground in the US. It’s their time again.
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