Asahi
Asahi To Launch New US Start-Up Investment Fund
Asahi will launch a start-up investment fund, the Asahi Group Beverages & Innovation Fund, this January in the U.S. Through the fund, Asahi will invest in minority shares in U.S. start-ups with growth potential in the low-alcohol beverages, non-alcohol beer beverages and adult soft drink categories. Asahi expects total investment to reach around $70 million by the end of 2025.
Britvic
Britvic & PepsiCo Join OOH Gala Partnership To Create Vending Solution
Britvic and PepsiCo have joined the OOH Gala Partnership, which seeks to provide a one-stop solution for those seeking automated retail and vending solutions. Launched in 2020, the partnership brings together expertise in all areas of unattended retailing to provide customers with the ultimate turn-key operation, covering food to go, interior design and automated retail. Britvic and PepsiCo join Kepak, Coffetek, Nebrak and 365 Retail Markets and will incorporate brands including Pepsi MAX, 7UP, Naked, Robinsons and Walkers. With the brands, the partnership will now be able to provide pre-programmed meal deal solutions within automated retail, offering a burger or sandwich, drink and a snack together for a set price.
Carlsberg
Carlsberg Group Acquires Waterloo Brewing
The Carlsberg Group has announced it will acquire Canadian brewery Waterloo Brewing. The acquisition is expected to strengthen the Carlsberg Group’s market position in Canada with local production and Waterloo Brewing’s brands, and to deliver significant supply chain and revenue synergies. The transaction is expected to close early in the first half of 2023.
Carlsberg Group Continues Innovation With Paper Bottle 3.0
Carlsberg Group is continuing innovation on its paper beer bottle after it launched Version 2.0 in eight European markets last June. Version 2.0 is made of a wood fiber shell, with an inner lining injection stretch blow molded of PEF and a steel crown. Instead of using an inner component injection stretch blow molded of PEF, Version 3.0 will have an inner coating of PEF. This will use less PEF, bringing cost savings as well as environmental impact advantages. Carlsberg is also partnering with Blue Ocean Closures to develop a fiber-based screw cap solution at industrial scale. Carlsberg projects that Version 3.0 will achieve up to 80 percent less emissions than current single-use glass bottles.
Companies
Beam Suntory Reveals 2023 Whiskey Trends
Beam Suntory has highlighted “innovation, renovation and premiumization” as key trends for American whiskey in the year ahead. Beam Suntory has seen strong demand for flavored whiskey, particularly bourbon, as consumers look to experiment. Bourbon is currently driving the sector’s growth due its versatility and sweeter, more approachable taste. The company has also experienced strong demand for its premium whiskeys with rich back stories and limited releases. It will continue to innovate the premium category through unique distillation and ageing techniques, styles, finishes and other levers. Beam Suntory also recognizes potential for the whiskey category to grown globally and within the U.S. through pushing different drinking styles and occasions.
Suntory Beverage’s Incoming CEO Will Be The First Female To Take The Position
Suntory Beverage & Food Ltd.'s incoming CEO Makiko Ono will become the company’s first female CEO and one of only a handful of women to lead a big Japanese company. When Ono takes the helm early next year, she will work to open more opportunities for women in management. However, she has acknowledged that Suntory Beverage still remains far from its broader target for 30 percent of managers to be women by 2030, compared with just 13 percent now.
Suntory
Suntory APAC Is Exploring Alternative Packaging
Suntory APAC plans to deliver on its sustainability ambitions through a simultaneous focus on the development of alternative packaging materials and better recycling infrastructure. In Asia, sustainability efforts mainly focus on establishing recycling infrastructure, as opposed to the reduction and replacement of plastic. However, Suntory believes plastic reduction and alternative development are also necessary to make a meaningful difference. Suntory is currently exploring methods to minimize the volume and weight of its packaging and experimenting with fibrous, humidity-resistant materials. Suntory will continue its recycling efforts, with a goal to achieve 100 percent recyclable packaging by 2030.
Suntory BOSS Coffee Adds Iced Caramel Latte Flavor
Three years after launching in Australia, Japan’s Suntory BOSS Coffee has added a new blend to its successful canned coffee range, Iced Caramel Latte. It joins the Suntory BOSS line of other flavors including Iced Long Black, Iced Double Espresso, Iced Latte and Iced Vanilla Latte. The new flavor is part of Suntory’s wider goal to expand the category and drive more mainstream appeal with consumers.
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