A private antitrust lawsuit filed March 22 on behalf of nine consumers could prevent or delay Anheuser-Busch InBev’s $20.1 billion takeover of Grupo Modelo, A-B warned in a regulatory filing Monday. “Even if we, Grupo Modelo, Constellation and Crown Imports resolve the litigation with the Department of Justice, the court in this private action could enjoin the parties from completing the combination with Grupo Modelo, or could further delay it,” A-B stated in the filing. “We intend to defend against it vigorously.” (St. Louis Business Journal)
New York City is asking appeals judges to reinstate a ban on supersized sodas and other sugary drinks, which was struck down by a Manhattan judge the day before it was to go into effect. The city had vowed an appeal and said Thursday that lawyers had filed it late Monday. (Huffington Post)
Pernod Ricard has announced a new line extension for Absolut vodka designed exclusively for professional bartenders. Co-created with master bartender, Nick Strangeway, Absolut Craft is a signature collection, offering, the company says, the versatility of vodka with the added complexities of macerations and distillates. “ABSOLUT has always maintained an uncompromising belief that to create an exceptional product you must start with exceptional ingredients,” said Maxime Kouchnir, Vice President of Marketing for Absolut. “Continuing in this tradition, each of the three products in the Absolut Craft Collection is made entirely from the finest botanicals and natural raw ingredients available, creating a unique and complex flavor experience.”
New York Spring Water (NYSW) has announced the launch of VBlast Refresh, VBlast Antioxidant, and VBlast Immunity formulas into its VBlast line. The line extensions will house three new proprietary formulas in NYSW’s patented twist cap that is designed to deliver pure liquid blends of vitamins, minerals, and antioxidants to help your body regenerate, fight free radical damage and protect itself. VBlast, Refresh Formula is built of Choline, Vitamin E, and Zinc to help your body’s cells regenerate and recover. Flavor: Dragonfruit
Pernod Ricard USA has been named “Importer of the Year” by the San Francisco World Spirits Competition, which also awarded “Best in Class” prizes to Pernod Ricard’s Absolut Elyx, Beefeater Gin and Pernod Absinthe. In addition, the company won “Chairman’s Trophy” awards for Jameson 18 YO Blended Irish Whiskey, Redbreast 15 YO Irish Pot Still Whiskey and Royal Salute 21 YO Blended Scotch Whisky at the 2013 Ultimate Spirits Challenge.
The Coca-Cola Co. is seeking to patent what it says is a novel sugar-free beverage with fiber. In a U.S. patent application made public today, Coca-Cola says there's a need for healthier frozen carbonated and non-carbonated beverages. It notes that fiber is an essential component to the human diet that is derived primarily from plants. In recent years, fiber supplements and/or food additives have been marketed to consumers for a variety of nutritional and health purposes. (Atlanta Journal-Constitution)