All articles by Andy Coyne

Hong Kong cuts spirits tax in bid to boost top-shelf sales

Hong Kong is hoping to boost its spirits trade after lowering tax on spirits. Effective immediately, the territory has slashed…
France’s Castel diversifies with Champagne Malard buy

Bordeaux region wine major Castel has snapped up Champagne house Malard, its first acquisition in the sector. Castel distributes Champagne…
Almarai boosts presence in Jordan with Hammoudeh Food Industries buy

Saudi Arabia's Almarai has acquired the food and beverage business of Jordanian conglomerate Hammoudeh for SR263m ($70.1m). Almarai, which operates…
UK food and drink manufacturers ready to invest again – FDF report

A report from UK industry body the Food and Drink Federation (FDF) suggests manufacturers have “turned the corner” and are…
Croatia’s Fortenova Group takeover completes, Russian backers removed

Croatian agri-food and retail heavyweight Fortenova said a takeover of the business has completed and that it no longer has…

Scotland unveils plans to clamp down on unhealthy food and soft drinks

The Scottish government has published proposals to ban the promotion of products high in fat, sugar or salt (HFSS). Holyrood’s…
UK government taken to task on obesity levels, food security

An influential UK parliamentary committee has criticised the government for taking a “leisurely” approach to obesity and for not adequately…
Danone says Renew turnaround strategy working, ups sales guidance

Danone has upped its 2023 revenue guidance, claiming the Renew turnaround strategy is bearing fruit. The Actimel and Volvic brand…
UK food-and-beverage investors favouring later-stage involvement – research

Investors backing UK food-and-beverage firms are increasingly looking for safe bets rather than taking a chance on early-stage businesses, according…
Danone to look to push through more price hikes

French food and beverage major Danone said it will carry on “driving price increases” where it is important to protect…