Kirin Holdings aims to almost double in five years the profits of a new drug unit to be formed after it takes control of Kyowa Hakko Kogyo Co in a USD 2.6 billion stock and cash deal.

Drought-induced restrictions on the Australian wine industry were of benefit, the head of the world’s biggest winemaker announced.

Australia’s drought has reached such critical levels that the Foster’s Group has issued a warning it may have to import wines to blend with its lower-end wines in order to meet demand.

How to make the most of a BBQ: have a beer in your sauce and another in your hand. Makes two. In Australia, make those two a Coopers.

In September Baltic Beverages Holding (BBH) announced the official inauguration of its new brewery in Uzbekistan.

Kirin is to release a third-category “quasi beer”.

In recent months, some members of the alcohol industry have raised concerns over RTDs that contain about two standard drinks of alcohol, dubbing them ‘super strength’.

Terry Davis, CEO of Coca-Cola Amatil (CCA), said in August that he would be interested in bidding for brewer James Boag, owned by Philippines food and beverage group San Miguel Corp, if the brand was put up for sale.

Australian wine exports have hit AUD 3 billion (EUR 1.8 million) a year for the first time as confidence grows that the industry is now in recovery mode.

China Resources Snow Breweries Limited ("CR Snow"), SABMiller’s joint venture in China with China Resources Enterprise, has announced that it has agreed to acquire four breweries in separate transactions.