Beverages

Heineken expands in China

Heineken expands in China

Heineken last week announced its decision to acquire a 40 per cent
stake in the Chinese brewery Jiangsu DaFuHao, after intimating in
its February results that it would continue to look for investment
opportunities.

Southcorp fights downturn

Southcorp fights downturn

Australia's biggest wine producer, Southcorp, has announced an
extensive restructuring designed to counteract the affects of a
downturn in the US economy and a weakened Australian dollar. The
AUS93 million (€53.7m) package involves...

San Miguel profits up

San Miguel profits up

Philippine-based food and beverage giant San Miguel has reported
that consolidated net profits in the five months to May of this
year rose 32 per cent to PHP3.29 billion (€47.98m), due mainly to
higher operating income from increased...

China faces beer price rise

China faces beer price rise

China's growing band of beer brewers is claiming that rising costs
of ingredients coupled with rising production costs is likely to
put between 10 and 20 per cent on the price of a beer during the
course of this month, a factor...

Drinking to health

Drinking to health

Regular alcohol intake, thought to reduce the risk of
cardiovascular disease, is associated with lower prevalence of
metabolic syndrome, reported Greek researchers at the European
Society of Cardiology meeting earlier this week.

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