Karnataka, which was earning good revenue hitherto through the sale of ‘cheap’ liquor outside the State, has been hit badly over the last few months, ever since Andhra Pradesh made a foray into the market. (more…)
A resolution on the prohibition of the consumption of beer, wine and other alcoholic beverages at state establishments of the region before and after Lunar New year has been issued in the Vietnamese province of Kon Tum. (more…)
Chinese people may be shifting away from traditional alcoholic drinks like baijiu, an industry already hit hard by Beijing’s crackdown on corruption, but top distillers like Kweichow Moutai still offer a good investment opportunity, says a new Macquarie research report. (more…)
Water is the most important basic ingredient for the brewing and beverages industry. But that´s just part of the story. In the production processes, water fulfills many other functions—either as process water, an energy carrier or in cleaning operations. (more…)
A group of bar owners affiliated to the Kerala Bar Hotel Association (KBHA), led by V M Radhakrishnan, on Sunday decided to form a new association for beer and wine parlour owners by bifurcating the KBHA. (more…)
Chinese New Year celebrations kicked off with a cheer for the Star Media Group Bhd (formerly known as Star Publications (M) Bhd) management and staff as Carlsberg Malaysia visited Menara Star in Section 16, Petaling Jaya. (more…)
BTB Marketing Pvt. Ltd, the New Delhi-based company that runs The Beer Cafe, a chain of beer bars, is in talks with private equity funds to raise up to $40 million (Rs.270 crore) to expand its presence across the country, said two people directly familiar with the development. (more…)
Woolworths is being trounced in hardware and beaten in supermarkets but its liquor business is still performing strongly, and has just struck an exclusive deal to sell the biggest beer brand in the world for the first time in Australia through its outlets. (more…)
Within the framework of the previously signed agreement, on January 28 Singha Asia Holding transferred $650 million of investment for purchasing shares of Masan Group. Of this, $600 million were transferred to pay 14.3% of the shares of Masan Consumer Holdings (MCH), and the remaining $50 million were for payment of 33% of the shares of Masan Brewery. (more…)
US private equity firm KKR has announced its full exit from Vietnamese portfolio investee Masan Group, in which it invested $359 million in two rounds. (more…)
