Bira 91 raises $10m from Japan’s MUFG Bank
Premium beer company, Bira 91, has raised $10m from MUFG Bank, Ltd. (MUFG Bank), Japan's largest bank, as the brand continues to grow at a rapid pace, tripling its market share from pre-covid levels.
Westons Cider announces £2m investment in new presses
UK cider maker, Westons Cider, has announced details of a £2 million investment to enhance its fruit pressing capacity.
Selim Bocti: the new age of fine wine
VintageCellar is a member-only fine wine investment app that launched in the UK in July. Drinks International caught up with chief executive and founder Selim Bocti to talk about his mission to bring fine wine investment into the 21st century.
Diageo invests in Komasa Kanosuke Distillery
Diageo’s drinks accelerator arm Distil Ventures has made a minority investment in Japanese single malt producer Komasa Kanosuke Distillery.
Scottish whisky auction firm, Whisky Hammer, and sister company Still Spirit has sold a 49% stake of the business to the Hong Kong investment group, Rare Whisky Holdings.
Heineken is in talks to acquire Distell
Heineken is in talks with South African wine and spirits producer Distell about acquiring “the majority” of its business.
We caught up with Katie Souter of Vin-X to learn more about why fine wine could make an appealing investment opportunity during the current economic climate.
Drynks Unlimited secures £1m equity investment following UAE listing
Alcohol free beer and cider specialist Drynks Unlimited has secured an additional £1 million investment in order to ramp up production.
Scotch infrastructure
Asian demand for whisky has boosted investment in Scotland, says Lucy Britner
Can firm to spend £68m on new plant
Packaging company Rexam is to build a new beverage can plant in Finland.
Africa: Diageo to invest £225m in brewing ops
Africa: Diageo’s Guinness Nigeria has committed £225million (NGN 55 billion) to expand its brewing operations. The company has said this will create 200 permanent jobs for Nigerians.
Scotland: Diageo to invest £20m in Speyside whisky
Scotland: Diageo is to invest £20 million in its Speyside whisky facilities.
SABMiller’s Sudanese brewery invests $15m
SABMiller subsidiary company Southern Sudan Beverages (SSBL) is to invest US$15m to increase production capacity.
Bacardi Dewar's investment on track
US: Bacardi Limited has completed the initial phase of a $250m investment into its scotch whisky brand Dewar’s.
Mexico/US: Arbitrators settle AB InBev/Modelo row
An arbitration panel has said that the combination of Anheuser-Busch and InBev did not violate the investment agreement between Anheuser-Busch and Mexican drinks giant Grupo Modelo.