AGP Executive Report
Last update: 16 minutes agoBeverage Deals: Coca-Cola is reportedly looking to sell Costa Coffee, eight years after buying the chain for £4bn. PepsiCo, meanwhile, is sharpening its focus on zero- and low-sugar drinks in India, where its food and beverage business grew in Q3. Brewing Pressures: Carlsberg Britvic plans to close its Marston’s brewery in Burton in 2027, putting 303 jobs at risk; Asahi is also closing Green Beacon’s brewpub. Japan has opened a price-fixing probe into its four biggest brewers. Wine Market: California’s wine surplus is pushing premium bottles onto shelves for as little as $10, while New Zealand wine exports rose 6%. New Drinks and Packaging: THC beverages drew attention at the NACS Show, even as the sector faces uncertainty over a looming U.S. hemp-products ban. In Scotland, Pulpex has begun production at a fibre-bottle plant.
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