Beverage World presents the latest news from across the worldwide beverage market.
After serving up one of Canada's most recognizable beers for more than two centuries, Molson Canadian is expanding its product line with the launch of Molson Canadian Cider. The launch marks the first time that the brand has offered a non-beer alternative since 1786, when John Molson officially opened the doors to the company's first brewery.
Read more...Diageo boss Paul Walsh is about to swap the drinks cabinet for school dinners. The outgoing chief executive of the FTSE 100 drinks giant is expected to be appointed chairman of Compass Group, the catering firm whose customers include oil rigs, schools and Wimbledon. (The Telegraph)
Read more...Sprecher Brewing Company took nine awards at the 2013 Los Angeles International Commercial Beer competition. The award total includes one gold, three silver, and three bronze medals; as well as two honorable mentions.
Read more...Global Beer Network, the exclusive U.S. importer for more than 60 Belgian beer labels, has announced the introduction of its first Czech beer, Praga Premium Pilsner. The company describes the golden pilsner as "crisp and refreshing with a strong, pleasant flavor" and 4.5 percent alcohol by volume (ABV). Praga, as with most Czech beers, uses less carbon dioxide which makes it less filling without compromising on taste.
Read more...Suntory Holdings Ltd. set the widest price range for a Japan initial public offering of above $1 billion in at least five years, as market volatility threatens to undermine demand for shares in its soft-drinks unit. The Tokyo-based Suntory Beverage & Food Ltd. will be priced between 3,000 yen and 3,800 yen, it said in a filing with Japan’s Finance Ministry yesterday. Selling stock at the lower end, 21 percent below the tentative price set in May, would cut more than $1 billion from the maximum $5 billion sought in Japan’s biggest IPO this year.
Read more...Aquahydrate's latest distribution expansion gains substantial retail ground in the West and Mid-West regions for the growing functional water brand. - See more at: http://www.beverageworld.com/articles/full/15728/aquahydrate-expands-further-in-west-and-midwest#sthash.5SkGfE5z.dpuf
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