Archives for July 21, 2004

← 2004

Asia drives Remy sales

French drinks group Rémy Cointreau has reported double-digit growth in the first quarter of 2004, driven by strong gains in Asia and the US, but continued weakness in its domestic market took a toll on Champagne sales.

Coke and Nestlé Indonesian water venture

In Indonesia Nestlé and Coca Cola have announced the creation of a 50:50 joint venture, Water Partners Bottling (WPB). The new business is being used as a platform to acquire a 65 per cent share of PT AdeS Alfindo Putrasetia (AAPS), the number two player...