logo
#

Latest news with #beverageindustry

Chilco River Holdings Appoints Brodie Hall as Vice President of Mergers & Acquisitions to Lead Strategic Growth
Chilco River Holdings Appoints Brodie Hall as Vice President of Mergers & Acquisitions to Lead Strategic Growth

Globe and Mail

time9 hours ago

  • Business
  • Globe and Mail

Chilco River Holdings Appoints Brodie Hall as Vice President of Mergers & Acquisitions to Lead Strategic Growth

Chatsworth, California--(Newsfile Corp. - June 10, 2025) - Chilco River Holdings, Inc. (OTC Pink: CRVH) ("Chilco" or the "Company"), a dynamic holding company and business accelerator, today announced the appointment of Brodie Hall as Vice President of Mergers & Acquisitions. In this role, Hall will lead the Company's strategic growth initiatives through targeted acquisitions and synergistic partnerships across its expanding portfolio. Chilco River Holdings is committed to identifying, developing, and scaling diversified ventures. With a strategic focus on the alcoholic beverage industry, the Company specializes in acquiring and growing premium brands in high-quality spirits and innovative ready-to-drink (RTD) products. Brodie Hall brings extensive experience in corporate finance, strategic advisory, and deal execution. Throughout his career, he has successfully led a wide range of transactions-from IPOs to private market exits across diverse industries including consumer products, manufacturing, biotechnology, and technology. "We are thrilled to welcome Brodie to the Chilco executive team," said William Lovett, CEO of Chilco River Holdings. "His deep knowledge of capital markets, cross-sector M&A, and value-focused deal structuring will be critical as we scale through strategic acquisitions and continue building a premier portfolio of beverage brands." In his new role, Hall will oversee all aspects of Chilco's M&A pipeline, with a focus on identifying high-potential targets, driving efficient deal execution, and maximizing long-term shareholder value. As a licensed CPA with Big Four accounting experience, he brings a rigorous financial lens and a disciplined integration approach to every transaction. "I'm excited to join Chilco at such a dynamic time in its growth," said Brodie Hall. "There is significant opportunity to build scale and enhance brand value through thoughtful acquisitions, and I look forward to helping lead that effort." Chilco River Holdings continues to execute its strategy of portfolio expansion in high-growth sectors. Its beverage portfolio includes emerging brands in the tequila, bourbon, and RTD categories. With Hall leading the M&A strategy, the Company is well-positioned to accelerate its acquisition pipeline and drive robust expansion in the months ahead. About Chilco River Holdings, Inc. Chilco River Holdings, Inc. is a strategic holding company and business accelerator focused on building long-term value through the acquisition, development, and growth of diversified businesses. With a core emphasis on the premium alcoholic beverage sector, Chilco River specializes in high-quality spirits and innovative ready-to-drink (RTD) products. The Company leverages operational expertise, brand development capabilities, and strategic partnerships to drive sustainable growth across its portfolio. Forward-Looking Statements: This press release contains forward-looking statements, including statements regarding the Company's strategic direction, acquisition plans, and anticipated growth. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results may differ materially due to factors such as market conditions, due diligence outcomes, and regulatory approvals. Chilco River Holdings undertakes no obligation to update these statements, except as required by law.

Bali bans small plastic bottles to tackle waste crisis and microplastics: ‘urgent matter'
Bali bans small plastic bottles to tackle waste crisis and microplastics: ‘urgent matter'

South China Morning Post

time23-05-2025

  • Business
  • South China Morning Post

Bali bans small plastic bottles to tackle waste crisis and microplastics: ‘urgent matter'

A sweeping new ban on small plastic water bottles in Bali has triggered backlash from Indonesia 's beverage and plastics industries, even as environmental advocates hail it as a bold step toward tackling the island's growing waste crisis and microplastic contamination. Governor I Wayan Koster, who launched the Bali Clean Waste Movement last month, has framed the initiative as part of a broader campaign to make the island of 4.3 million people waste-free by 2027. The policy builds on a 2018 gubernatorial decree that banned plastic bags in supermarkets and restaurants – a move since adopted by cities like Jakarta. The new regulation, the first of its kind in Indonesia, which took effect in April, prohibits the production, distribution and sale of single-use plastic water bottles smaller than one litre. It also mandates waste segregation at the source across government offices, private businesses, markets, schools and places of worship. Speaking to reporters on April 6, Koster said that beverage producers should use glass bottles instead of plastic for their products. Bali Governor I Wayan Koster launched the Bali Clean Waste Movement last month. Photo: Handout He warned that villages failing to comply risk losing financial help and incentives, while errant businesses could face permit revocations and be publicly labelled 'not environmentally friendly' on the provincial government's social media channels.

Captiva Verde Welcomes Simon Lester to the Advisory Board
Captiva Verde Welcomes Simon Lester to the Advisory Board

Malay Mail

time15-05-2025

  • Business
  • Malay Mail

Captiva Verde Welcomes Simon Lester to the Advisory Board

Vancouver, British Columbia - Newsfile Corp. - May 15, 2025 - Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) ("Captiva Verde"), a public company listed on the Canadian Securities Exchange under the trading symboland further listed on the US OTC Market under the trading symbolannounces that Simon Lester has joined our Advisory Board to provide guidance on our creation of the world's only pure virgin water bottling platform making only absolute pure water created by the Genesis Systems' patented suite of commercial scale atmospheric water making devices and global bottled water business is expected to soar to USD $500 Billion by 2030. Over one-third of all packaged beverages consumed were water. Alcoholic beverages were second. In 2024, bottled water worldwide generated USD $364 Lester has over 30 years of beverage and consumer product experience in Canada, the US, UK & Europe. He has built his career around identifying innovative beverage and food concepts and successfully finding their markets and scaling the was co-founder, President & CEO of the ESKA bottled water business in Canada, one of Canada's leading bottled water brands, establishing a unique purity position for the brand based on its glacially formed aquifer in Quebec. ESKA went from a start-up to being sold across in thousands of retail outlets including Costco, Walmart and Amazon in the USA and Canada. Eska is a top ten bottled water company. Captiva Verde, through use of the Genesis water technology, will target the entire US and Canada, as well as hotels and government agencies across North AmericaIn the 1990's, Simon started and built Cott Corporation (now Refresco)'s premium private label beverage business in the UK & Europe, where be established significant market share in the soda business and built joint ventures in Europe with the Virgin Group and with Cadbury the early 2000's, Simon acquired a novel carbohydrate technology from Leeds University in the UK and built a specialist sports beverage company, Galactogen Products, which provided endurance athletes with superior energy and hydration properties. This business was successfully exited with a sale to Cadbury Schweppes co-founder and CEO of Canada's privately held Radically Good Food Company, which is a specialist consumer products business that has established a unique position as an ultra-clean "free-from" organic chocolate brand, which supplies many successful snack brands with pure chocolate. In this role, Simon pioneered the development of a chocolate brand for a leading social media figure, which has become a breakthrough chocolate brand in the US and early experience was with Cadbury Schweppes in the UK and USA, as well serving a term in the consulting business with Monitor Group (now Monitor Deloitte). Simon has an MBA from INSEAD in France and an MA from Oxford Ciachurski, CEO of Captiva Verde, says: "We are honoured to have corporate leaders such as Simon Lester guide our journey into true pure virgin water sales that provides economic opportunities wherever possible. Our leadership will help solve the impending global water crisis where governments and private citizens are pushing back on using precious water tables and native waterways for bottled water production. There is a sacred uniqueness of creating pure virgin drinking water from the atmosphere that is not only 100% sustainable and pure, but, in addition, does not require any exploitation of the precious remaining ground water tables." MDC will assist with sales in Development Corp (MDC) is a Mi'kmaq-led development corporation that focuses on advancing economic opportunities, fostering self-sufficiency, and supporting Mi'kmaq communities through initiatives in affordable housing, health and wellness, pure drinking water, aerospace, defense, and sustainable infrastructure development. Founded by Nowlen Augustine, MDC is dedicated to creating long-term, sustainable economic growth for indigenous communities. MDC is 49% owned by Captiva Verde Wellness Corp. (CSE: PWR) (OTC Pink: CPIVF) is a publicly traded company listed on the Canadian Securities Exchange and the US OTC Market. The company focuses on sustainable housing, health, and wellness initiatives in Indigenous communities and is expanding into aerospace, defense, and space systems. Captiva Verde partners with organizations like MDC to promote economic reconciliation and CiachurskiChief Executive Officer and DirectorCell: (949) 903-5906E-mail: [email protected] The issuer is solely responsible for the content of this announcement.

Aperol Maker Campari's Sales Miss Expectations Amid Tariff Threats
Aperol Maker Campari's Sales Miss Expectations Amid Tariff Threats

Wall Street Journal

time08-05-2025

  • Business
  • Wall Street Journal

Aperol Maker Campari's Sales Miss Expectations Amid Tariff Threats

Davide Campari CPR 0.97%increase; green up pointing triangle-Milano reported first-quarter sales that missed analysts' expectations at a rocky time for the beverage industry given global trade tensions and falling demand after a spike in alcohol consumption during the pandemic. The Italian liquor group said Thursday that it made net sales of €665.6 million euros ($752.3 million) for the first quarter, an increase of 0.3% in reported terms but a decline of 4.2% on an organic basis compared with the prior-year period.

Molson Coors Slashes 2025 Outlook on Tariff Worries
Molson Coors Slashes 2025 Outlook on Tariff Worries

Wall Street Journal

time08-05-2025

  • Business
  • Wall Street Journal

Molson Coors Slashes 2025 Outlook on Tariff Worries

Molson Coors' TAP -0.11%decrease; red down pointing triangle first-quarter net income fell 42% and the beverage company slashed its sales and underlying earnings projections for the year, citing intensified competition in overseas markets and economic blues among consumers. The Golden, Colo., brewer of Miller and Coors beers logged earnings of $121 million, or 59 cents a share, down from $207.8 million, or 97 cents a share a year earlier.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store