News & Analysis on Food & Beverage Development & Technology
A recent report from the Australian National University indicates that food and beverage companies in the Asia Pacific region will continue to benefit from strong economic growth in 2004, but that growth is set to fall back next year.
SABMiller has confirmed that it will not proceed with its €500 million offer for Harbin Brewery, in a move that cedes control of the key China brewer to rival Anheuser-Busch.
South Korea's largest liquor maker, Jinro, has moved one step closer to a sale after a number of investment banks acknowledged that they were prepared to advise on the matter.