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Beam floats in Fortune Brands break up

US Spirits company Fortune Brands today begun trading as Beam on the New York stock exchange, following the separation of its businesses.

Sazerac buys 17 brands from Corby

Buffalo Trace bourbon owner the Sazerac Company has agreed to purchase 17 brands from Pernod Ricard‘s Corby Distillers. 

Former Brown Forman chairman dies

Owsley Brown II, former chairman and CEO of Brown-Forman has died after a brief illness. He was 69 years old.

Angostura CEO steps down

Angostura Holdings has announced the departure of managing director and CEO Wayne Yip Choy, effective September 21, 2011.

Italy: Stoli changes distributor

SPI Group has agreed a new distribution deal with Velier, for the entire Stolichnaya portfolio in Italy.

Russia: Whyte & Mackay teams up with Roust

Whyte & Mackay has announced a partnership with Russian Standard vodka owner Roust. The deal is for the distribution and promotion of the Glasgow-based company’s spirits portfolio in Russia.

Pernod announces new MD for Pernod Ricard UK

Denis O’Flynn, currently managing director – Ireland for Irish Distillers, is the new managing director of Pernod Ricard UK from October 17.

Can firm to spend £68m on new plant

Packaging company Rexam is to build a new beverage can plant in Finland.

Stella Artois anoints UK Draught Master

Stella Artois is gearing up for its World Draught Masters final in Buenos Aires, having anointed a champion from its UK heat.

DISCUS issues digital marketing guidelines to brands

The Distilled Spirits Council of the US (DISCUS) and the European Forum for Responsible Drinking have issued guidelines for responsible alcohol advertising and marketing.

Foster’s accepts improved SABMiller takeover bid

The board of Foster’s Group has recommended to its shareholders that an improved takeover offer by SABMiller is accepted.

Belvédère Group enters 'judicial restructuring'

The Belvédère Group and wine company Moncigale are under the care of the court after a judgement was made on September 20 by the Tribunal de Commerce de Nimes.

Burn Stewart Distillers posts profits

Burn Stewart Distillers, producer of brands Bunnahabhain and Scottish Leader, has announced net profits of £3.7 for the financial year ending December 31 2010.

Diageo strengthens ties with Facebook

Diageo has announced plans to step-up its multi-million dollar strategic partnership with social media website Facebook.

Drambuie announces annual results

Drambuie has reported operating profits of £2.81m – up 2% on last year.

Somerset Cider Brandy gets EU protection

UK: Somerset Cider Brandy has been granted geographical protection.

Diageo’s catalyst for change

Diageo has announced the launch of Catalyst, a stand-alone group that will focus exclusively on what it describes as high potential brands.

Businesses urged to make Responsibility Deal pledges

The UK government has urged the drinks industry to back its Responsibility Deal aimed at countering binge drinking and alcoholism.

Scotch whisky exports up 22%

The Scotch Whisky Association (SWA) has announced that the value of scotch exports for the first half of 2011 is up 22%

Champagne holds breath after “earliest harvest”

Growers, cooperatives and houses in Champagne have offered ambivalent first appraisals of the 2011 vintage, following what has been described as the appellation’s “earliest ever harvest”.

CIVB appoints marketing director

The Conseil Interprofessionnel du Vin de Bordeaux (CIVB) or Bordeaux Wine Council, which represents Bordeaux vine growers and négociants, has announced the appointment of François Jumeau as its new marketing director.

Follador to sponsor Drinks International’s Travel Retail Awards

Drinks International is delighted to announce that premier Italian Prosecco producer Follador is to sponsor this year's Travel Retail Awards.

Eleven new masters of wine

The Institute of Masters of Wine has announced 11 new masters of wine.

Pernod finance md underlines importance of emerging markets

The importance of the so-called emerging markets such as those in China, India, was underlined by the Pernod Ricard management  team in individual briefings in London today (Tuesday September 6), following the announcement of the group’s annual results last week.

Pernod posts 7% sales growth

Pernod Ricard has posted annual organic sales growth of 7% to achieve a turnover of €7.6b.

Beam appoints mixables manager

Beam Global has appointed Debora Boyda to the role of general manager of the Mixables Category Business Team (CBT). 

Diageo posts strong results

Diageo has cited ‘emerging markets’ as a reason for its positive results – including 16% growth in scotch whisky in emerging markets. 

Glenmorangie Company appoints new president

The Glenmorangie Company has promoted chief operating officer Paul Skipworth to the post of president and managing director.

Diageo completes Mey Içki purchase

Diageo has announced that it has completed the acquisition of Turkish spirits firm Mey Içki, after receiving regulatory clearances.

Diageo acquires additional Halico stake

Vietnam: Global drinks giant Diageo has closed a Public Offer to acquire an additional 5.07% stake in Hanoi Liquor Joint Stock Company (“Halico”) for approximately £6.4 million. 

Asahi to buy Flavoured Beverages Group

Asahi Group has reached an agreement to acquire Australsian-based drinks operator, Flavoured Beverages Group.

Foster's rebuffs SABMiller bid

The board of Foster’s Group has rebuffed SABMiller's proposed takeover bid. 

Beam appoints bourbon manager

Beam Global Spirits & Wine has appointed Christopher G. Bauder to the role of bourbon category business team (CBT) general manager.

SABMiller to make Foster's takeover offer

SABMiller has proposed to make a conditional, off-market, cash takeover offer for all of the issued shares in Foster’s Group. 

Philippines spirits tax violates WTO rules

The World Trade Organisation (WTO) has ruled that discriminatory excise tax on spirits in the Philippines is a violation of WTO rules.

Heineken buys two Ethiopian breweries

Africa: Heineken has purchased two breweries in Ethiopia for a total of US$163 million. 

Hillebrand signs with William Grant

William Grant & Sons and JF Hillebrand have signed a three-year global logistics contract.

Mexico to curb "toxic" tequila

Mexico´s Tequila Regulatory Council (TRC) is working to step up operatives to curb a rising trade of fake and "toxic" blends after consumer watchdog Profeco this week announced 40% of the country’s alcohol is sold in an "adulterated" state.

British gin distiller Greenalls is sold in management buyout

G&J Greenall, one of the UK’s major distillers has been sold to a management buy out, according to unconfirmed reports.

Mangrove branches out into Asia

UK spirits and liqueur agency, Mangrove, has announced plans for expansion into the Middle East and south Asia.

Campari buys Sagatiba and posts 14% growth

Gruppo Campari has announced the acquisition of Brazilian cachaça brand Sagatiba and half-year sales growth of 14.2%.

Kirin buys Schincariol

Japanese brewer Kirin has bought the outstanding shares in Aleadri-Schinni Participações e Representações S.A. (“Aleadri”), a company that holds 50.45% of the outstanding shares of Schincariol Participações e Representações SA (Brazil; CEO: Adriano Schincariol: “Schincariol”).

Diageo to pay $16m in "illicit payments" case

US: The Securities and Exchange Commission (SEC) has found Diageo to have made “hundreds of illicit payments” to foreign government officials in India, Thailand and South Korea.

South Korean boost for wine importers

The emerging South Korean market could boost the fortunes of wine importers, according to research by Wine Intelligence.

Beam lines up directors

Fortune Brands has announced the boards of directors for Beam and Fortune Brands Home & Security, the standalone public companies to result from the planned separation of its businesses.

Bacardi leader dies, aged 93

Edwin H Nielsen (pictured), the great-grandson of Bacardi founder Don Facundo Bacardí Massó has died in Spain at the age of 93.

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.

Premiumisation driving UK spirits, says First Drinks

Premiumisation is driving UK spirits volume and value growth in the on and off-trade, according to findings by First Drinks.

South Africa: KWV CEO resigns

South Africa: The KWV board has announced that CEO Thys Loubser (pictured) has resigned as company CEO with immediate effect.

Foster's appoints CMO

Foster's Group has announced the appointment of Andy Gibson to the role of chief marketing officer. Andy is expected to start in the role on November 1.