20 February 2025
20 February 2025
Suntory Global Spirits’ Nick Temperley tells Just Drinks’ Fiona Holland how the company’s new UK commercial business plans to make the most of “pockets of growth” in a declining spirits market.
The Aperol maker said the move would help "to ensure a return to overall medium and long-term financial health and sustainability".
Speaking at the CAGNY event, Ramon Laguarta suggested hydration and multicultural snacks will play a key part in the growth agenda.
San Francisco-based Aura Bora makes a range of canned sparkling waters from herb, fruit and flower flavours and extracts.
The Belfast-based group is hoping to launch in a number of new markets in North America, Asia, Europe and Africa this year.
Jim Jones, the head of the Food and Drug Administration, reportedly cited recent cuts at the US agency for his decision.
According to GlobaData, the enhanced waters category worldwide is forecast to be valued at $25.7bn by 2028.
3D Investment Partners said it had "concerns regarding deficiencies in capital discipline that have impaired corporate value over many years".
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