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Diageo, a leading company in the alcohol industry, has appointed Dave Lewis, a seasoned consumer products veteran, as its new CEO. This decision comes as Diageo navigates changing consumer preferences and explores the possibility of selling some of its brands.…

Sazerac has recently acquired the renowned small batch spirits producer Western Son Vodka and Distillery based in Texas, marking a significant addition to their portfolio. Known for its diverse range of flavored vodkas and gin distillation, Western Son’s acquisition complements…

Key Takeaways: Insightful Analysis: The recent acquisition by Heartland of SLIMFAST is a strategic move to expand its presence in the better-for-you market segment. By adding a well-known brand like SLIMFAST to its portfolio, Heartland is not only catering to…

Dive Brief: The CEO of Japanese beverage powerhouse Suntory Holdings stepped down following a police search of his home related to the purchase of potentially illegal supplements. Takeshi Niinami, the CEO in question, claims he was unaware that the supplements…

Key Takeaways: Leanne D. Cunningham, Brown-Forman’s finance chief, plans to retire on May 1, as per a Securities Exchange Commission filing on Aug. 21. The spirits company, known for brands like Jack Daniel’s whiskey, is 155 years old. Cunningham joined…

Exciting news in the beverage industry as Generous Brands announces the acquisition of popular kombucha brand Health-Ade for a whopping $500 million. Health-Ade has quickly become a favorite among consumers, with its fermented fizzy tea offering probiotics and immune-boosting antioxidants…

Key Points: Diageo CEO Debra Crew has stepped down “by mutual agreement” after two years overseeing the maker of Guinness and Johnnie Walker. The London-based company said its board has started a search for Crew’s replacement and will consider internal…

Exciting News: Grillo’s Pickles is expanding with a new $54 million food manufacturing plant near Columbus, Indiana, to keep up with the high demand for their fresh pickle products. Irresistible Foods Group, the parent company of Grillo’s and King’s Hawaiian…

Summary: B&G Foods has divested two of its tomato brands to a private equity company as part of its strategy to reduce debt and streamline its portfolio. Violet Foods, a newly established entity under Amphora Equity Partners, will take over…

Key Points: Diageo, a spirits company, faces challenges due to President Trump’s tariff policy on imports from Europe. They own popular brands like Guinness, Johnnie Walker, and Ketel One, which are produced outside the U.S. Potentially selling off a flagship…