Monthly Archives: May 2022

Carlsberg, Nirma, PEs in race for bottlemaker HNG

Danish beer maker Carlsberg, private equity funds Oaktree Capital and Cerberus, Nirma Chemicals and SNJ Distilleries are among a dozen entities that have shown interest in acquiring the bankrupt  Hindusthan National Glass NSE -3.78 % Industries (HNG) that makes alcoholic beverages bottles, said two people with knowledge of the matter. Kolkata-based HNG also received EoI from listed AGI Greenpac, formerly known

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Budweiser brewer AB InBev ‘off track’ on non-alcoholic and low-alcohol beer goal

DAVOS, Switzerland May 25 (Reuters) – Budweiser brewer AB InBev (ABI.BR) is “off track” in reaching its goal of making 20% of its beer volume non-alcoholic and low-alcohol by 2025, its chief sustainability officer Ezgi Barcenas told Reuters on Wednesday. “We are a little over 6% still,” Barcenas said in an interview on the sidelines of the World Economic Forum in Davos,

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Heineken set to close Edinburgh’s most famous brewery

Drinks giant Heineken has announced plans to close Edinburgh’s most famous brewery. The firm says that running Caledonian Brewery is becoming “economically unviable” due to the building’s Victorian infrastructure. It is now speaking to the 30 members of staff currently working there and has stated that its beers – such as the famous Deuchars – could now be produced at Belhaven Brewery

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