Drinks

Molson Coors To Invest £88m In Fevertree Drinks And Market It In The US

Molson Coors is investing £88 million in Fevertree Drinks, which will give the US company exclusive rights to market the UK firm’s products.

Diageo does not intend to sell its beer brand Guinness or its stake in Moet Hennessey, the spirits maker said on Sunday.

Diageo is exploring a potential spin-off or sale of Guinness, Bloomberg reported on Friday, citing people familiar with the matter.

The Irish Whiskey Association has announced a scholarship opportunity with Maynooth University on its Brewery & Distilling micro-credential.

Irish Distillers is partnering with Bank of Ireland to offer Enviroflex sustainability-linked loans to tillage farmers for the first time.

A Guinness shortage in the UK before Christmas gave Heineken’s stout Murphy’s a 632% boost in demand, Fortune reported this week.

Remy Cointreau told investors to lower their annual sales expectations for the third time in four months on Wednesday.

Spirits giant Diageo has agreed to sell its 80.4% shareholding in Guinness Ghana to Castel Group for $81 million, it said on Tuesday.

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