Drew Fernandez’s Post

If this isn’t a statement to show that No&Low brands are part of the fabric of modern culture, then we don’t know what is! Whether you’re a fan of Corona, AB InBev, The International Olympic Committee – IOC or No&Low in general (FYI - we quite like them all!) you have to sit back and admire what this means to the relevance and resonance AF is having on the world. Gold medal moves if you ask us! What do you guys think? #crossip #crossipdrinks #CGA #insight #deseasonlisation #salesgrowth #ontrade #UKontrade#nonalcoholic #low&no #nonalc #nonalcaholicdrink #nonalcaholicbeer #nonalcaholicdrinks #founderlead #dryjan #dryjanuary #categorygrowth #investment #angleinvestment #growth #FMGC #NPD #News

In another sign of brewers' desire to move 'Beyond Beer', Carlsberg Group have recently had 2 offers for Britvic plc turned down, the last at £3.1bn, or 29% above Britvic's share price listing. This tells us a few things about the fortunes, and plans, of both companies. Carlsberg Marston's Brewing Company currently makes only 2% of its revenues outside of beer, the move for Britivic shows a clear desire to diversify, and this would be a quick way to do it. They also have the scale to make well loved UK brands like J2O and Robinsons mainstream in Europe, if they get the strategy right and can take on the local heroes in each market. They would also get the Pepsi distribution rights in the UK, which they have in some European markets already. #Britvic are 2nd only to Coca-Cola Europacific Partners in the UK, a great position in a challenging category, and they are great at #innovation, with new offerings like #Plenish and #LondonEssence growing at a steady rate and attracting that all important Gen Z revenue. They know they have a lot of opportunity to expand geographically and value the company higher than the offers so far. Will #Carlsberg come back with a better offer? Will Britvic resist? Will other players come into the mix (Lucozade Ribena Suntory we're looking at you 👀 !). How do we feel about this potential acquisition? Would it solve Carlsberg's category diversity issue? Can Britvic grow organically without the distribution platform that someone like Carlsberg can offer? Would holidays in Spain and Italy be better if we can get better access to an Apple and Mango J2O? Hannah Jane Winter Jenny Syddall Christina Lade Cindy Tervoort Helen Passard Tristan Findlay Simon Parnell Jonathan Farrell Paulina Zakrzewska Andy Bolton Claire Woolridge

🌍 It's #FactTuesday again! Did you know RC Cola is enjoyed in over 60 countries around the world? This global reach is all thanks to our dedicated bottlers, so cheers to that! Our bottlers play a crucial role in ensuring that RC Cola is available and enjoyed by millions of people globally. Their commitment to quality and consistency is what makes RC Cola a beloved beverage in diverse markets. From the bustling streets of Lagos to the vibrant cities of Southeast Asia, RC Cola continues to bring people together with its refreshing taste. Our success story is a testament to the power of collaboration and the importance of local partnerships. Key Points: Global Reach: Being available in over 60 countries is a remarkable achievement, showcasing RC Cola's universal appeal. Dedicated Bottlers: Our bottlers are the backbone of our distribution network, ensuring that every bottle of RC Cola meets our high standards. Quality and Consistency: No matter where you are in the world, you can trust that RC Cola will always deliver the same great taste. Local Partnerships: Collaborating with local bottlers helps us understand and cater to the unique preferences of each market. As we continue to expand and reach new heights, we remain grateful to our dedicated bottlers who make it all possible. Here’s to the power of teamwork and the joy of sharing a refreshing RC Cola with friends and family around the globe. #RCCola #BeverageIndustry #Bottlers #GlobalReach #QualityBeverages #InternationalSuccess #LocalPartnerships #FactTuesday #RCColaNg #DrinkRC

Campari Group to acquire Courvoisier (Cognac) for $1.3bn from Beam Suntory As the year approaches to an end, few transactions are now crossing the finishing line Considering the recent Cognac market development (esp. in the US), this deal could be seen as a very daring move. Reality is more nuanced, long-term attractiveness of the category remains intact and a brand like Courvoisier could really help Campari Group to drive penetration in new HORECA outlets segments. Patience will be key though At a time most spirits groups play defense and (contemplate to) off-load assets, Campari Group remains determined to pursue its agressive M&A/ growth strategy Exciting & decisive times for Campari Group & the alcoholic drinks vertical To get all our CEO insights in the FMCG industry, sign-up to our newsletter - 'FMCG CEOs: Managing For Growth': https://lnkd.in/eR8vDpvE To hear more about our thought leadership on M&A in the FMCG industry: https://lnkd.in/ea4gy65y Pernod Ricard Diageo The HEINEKEN Company AB InBev Rémy Cointreau Carlsberg Group William Grant & Sons https://lnkd.in/eEj3FTxu

Diageo to invest €100m in Dublin facility 👏 The British multinational beverage company have announced plans to invest €100m in decarbonising its St. James's Gate facility, which has brewed Guinness for 264 years. It is part of Diageo's mission to achieve net-zero carbon emissions for the site, with the investment being used to transform energy and water consumption. The alcohol giant aims to make it one of the 'most efficient breweries in the world by 2030'. Simon Harris, Prime Minister of Ireland, commented: "Guinness has been made in Dublin for over a quarter of a millennium, and today so many tourists visit the location while they are here. It’s not just a green transformation for St James’s Gate but a flagship transformation that will send a strong message to the world." "It also demonstrates the government’s commitment to businesses, big and small, to make the green transition, and to work in partnership to help achieve our climate goals.” Debra Crew, CEO of Diageo, added: "I want to thank the Taoiseach and Minister Burke for their support for our ambitious decarbonisation plan for St James’s Gate as demonstrated by the support from our partners Enterprise Ireland." "We’re 260 years into our 9,000-year lease at St James’s Gate and this investment will ensure that Guinness has an exciting and long-term sustainable future. We are proud to lead the way on decarbonisation, both as a major Irish business and as an industry-leading company.” #News #Drinks #Alcohol #Beverage #Decarbonisation #Investment #Guinness #Strategy

Another great and brand new #partnership lifts our #spirits at CEO Clubs Greece. We are really honored and proud to welcome Diageo as our new #Events #Partner.   Diageo is a global leader in premium beverage alcohol with the ambition to be one of the best performing, most trusted and respected consumer products companies in the world. In Greece, DIAGEO is a proud custodian of a unique portfolio of products, which hold a leading position in each category and consumption occasion, including global iconic brands like Johnnie Walker, Haig, Dimple, Cardhu, J&B, and Classic Malts in the whiskey category, Smirnoff, Cîroc and Ketel One, Gordon's and Tanqueray gins, Don Julio super premium tequila, Captain Morgan, Pampero and Zacapa rums, Baileys and Smirnoff North and many more exceptional and popular brands. A fundamental part of their success is being responsible. That's why they are putting positive societal impact at the heart of their business strategy, through their 10-year Environmental, Social and Governance (ESG) action plan “Society 2030:Spirit of Progress” aiming to help creating a more inclusive and sustainable world, being aligned to the United Nations’ Sustainable Development Goals.   For more information about DIAGEO, its ESG action plan “Society 2030: Spirit of Progress”, its people, brands and actions👉 www.diageo.com   For DIAGEO's global DRINKiQ program aiming to raise public awareness of the effects of alcohol, support responsible drinking and tackle the harmful use of alcohol 👉 www.DRINKiQ.com. #ceoclubsgreece #ceoclub #ceos #leadership #partner #ceoclubspartners #ceoclubsevents #ceoclubsmeetings #welcome #diageo #cocreation #responsibility #sustainablegrowth  

📣 Exciting news! Carlsberg and Britvic are joining forces in a new partnership! Check out this insightful article from Sky News on why Carlsberg has a thirst for Britvic. Discover how this collaboration is set to shake up the beverage industry and create new opportunities for both companies. Read the full story here: [insert link] #Carlsberg #Britvic #BusinessPartnership https://ift.tt/A4QjJfY

Carlsberg has made headlines with their £3.3bn takeover of soft drinks giant Britvic, boosting their growth trajectory. 🍺🍊 Investors will see a lucrative 1,315p per share as Carlsberg unveils Carlsberg Britvic, a fusion of top-tier beer and soft drink production. Also on the strategic agenda, Carlsberg has acquired Marston's 40% in their UK brewing venture for £206m, consolidating their industry foothold. As experts in optimising workforce performance, Siamo Group understands the impact of strategic decisions in competitive markets like the UK's. Let us help you navigate industry changes and enhance your career or business growth. 📧 [email protected] 📞 01223 413413 #CarlsbergBritvicMerger #BeverageIndustry #StrategicGrowth

Campari buys Courvoisier from Beam Suntory for $1.2 Billion   Italy's Campari (CPRI.MI) on Thursday agreed to buy historic French cognac house Courvoisier from Beam Suntory for $1.2 billion, marking a big push into brandy with Campari's biggest acquisition on record.   The purchase of a top four cognac brandy is the crowning achievement for Chief Executive Bob Kunze-Concewitz, who is due to leave next year after steering Campari through a long list of deals, including the purchase of Grand Marnier for 490 million euros in 2016.   "Christmas came early for Campari this year," Kunze-Concewitz told analysts. The deal will strengthen Campari's presence in the United States, which accounts for 55% of Courvoisier's sales, and offers transformational potential in the Asia Pacific region - also a large cognac market, led by China. The deal is expected to boost Campari's net sales by around 9%, Kunze-Concewitz told analysts, adding that it was also a rare opportunity to expand the company's premium spirits portfolio and its production and bottling capacity in France. "Clearly this is a brand that fits into our playbook, and we expect to relaunch and grow it substantially as we've done with some of the other brands," Kunze-Concewitz said. "With our marketing model we can get this brand to perform at a really different pace." Sales at Courvoisier, founded in 1828, declined 33% in the 10 months to Oct. 31 versus a year earlier, Campari said. It said the reasons were slowing U.S. sales after post-COVID peaks and the process of de-stocking by wholesalers that had filled their warehouses excessively. The deal, expected to close in 2024, envisages an additional earn-out of up to $120 million, to be payable in 2029, Campari said in a statement, adding that it would fund the acquisition via a mix of debt, cash and equity or equity-like instruments. It has secured from a group of banks a fully committed 1.2-billion-euro bridge loan with a duration of up to 24 months and will monitor markets for possible issuance. Source: Reuters #Campari #Courvoisier #BeamSuntory #news #cognac #cognaclovers #Sunday #Sundays #business #finance

Suntory Targets Global Ready-to-Drink Market Leadership: Aiming for Gold! Suntory Global Spirits #Suntory #ReadyToDrink #GlobalMarket #BeverageInnovation #MarketLeadership #DrinkTrends #BeverageIndustry #PremiumDrinks #RTDMarket #BusinessExpansion