Diageo North America has announced its acquisition of Ritual Zero Proof Non-Alcoholic Spirits (Ritual).

The results for the International Beer Challenge (IBC) have now been revealed, with Averbode by Brouwerij L Huyghe winning Supreme Champion in the taste awards.

African Originals, the beverage company behind brands such as Kenyan Originals, African Originals and 5.8 has raised USD$2m in a funding round led by Phoenix Beverages Limited, Mauritius' largest beverage company. 

UK distributor DrinksOne Brands, has partnered with African and Caribbean rum Equiano, to serve as the sole agency distributor for the brand across the UK.

New data from the IWSR, the global authority on beverage alcohol data and intelligence, has revealed the US beverage alcohol market continued to shrink in the first seven months of 2024, with volumes declining more than expected.

William Grant & Sons has has reached an agreement to purchase The Famous Grouse and Naked Malt brands from Edrington.

Campari Group chief executive, Matteo Fantacchiotti, has announced his resignation after only five months in the role.

Suntory Oceania has begun production at its AU$400m manufacturing facility in Australia, to produce the company’s RTD brands from next year.

Campari Group has acquired a minority stake in the owner of single malt whisky brand Bunnahabhain.

Romanian winery Cramele Recaș has announced an €11m investment plan with the aim to consolidate its position as the country’s largest wine producer.

Exports of Scotch whisky fell by 18% in value in the first half of 2024 compared to the same period in 2023, new figures published by the Scotch Whisky Association (SWA) have revealed.

Speyside distillery The Macallan has announced a partnership with three sherry cask businesses, concluding a quartet of investments in the sherry-seasoned oak cask supply chain.

Ben Branson, founder of Diageo non-alcoholic spirit Seedlip, has launched Sylva, a non-alcoholic distillery and maturation lab at his home in Essex.