April 2024 – Food & Drink News

Posted on 30 April 2024

  • Heineken posted 7.2% rise in Q1 revenue, with alcohol free performing particularly well, however remained cautious on their unchanged FY expectations, citing the challenging economic environment.
  • Campari Group doubles Aperol production following $75m investment at their Novi Ligure plant in Italy.
  • Mexican food giant, Grupo Bimbo, promoted Rafael Pamias to the role of Chief Executive Officer, following seven successful years as COO, succeeding Daniel Servitje, who moves into the newly created role of Executive Chair.
  • Princes announced the promotion of Simon Harrison to Chief Executive Officer, following a successful period as Deputy Managing Director.
  • Heather Ostis joined Starbucks as SVP, Chief Procurement Officer and Global Supply Chain, where she will be responsible for supplier relationships, performance improvement, and the strengthening of network resiliency.
  • Pladis Global added chocolate brand, Godiva, to their £3bn portfolio, appointing Steve Lesnard as President.
  • Molson Coors confirmed a £100m investment into their UK operations, as they move toward 2035 UK Net Zero.
  • Nyetimber announced plans to acquire The Lakes Distillery, at a reported value of £71m, as the English sparkling wine producer aims to establish a “globally relevant, English luxury drinks group.
  • Tropicana revealed a brand refresh across their product range, aimed at aligning a core identity and enabling clear segmentation between sub-products.

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