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Boo Koo Holdings has raised US$1m through the issuance of subordinated notes in a private placement financing in which director Gil Cassagne and other accredited investors participated.

The Coca-Cola Company is to submit a planning application for the building of a manufacturing and innovation facility in Wexford, Ireland.

Fairtrade wine may have some way to go to catch up with flagship Fairtrade categories like coffee, tea and bananas, but it is showing growth across a number of markets, and strategists believe that as the sector scales up reservations raised by some wine critics over the quality of the wines will diminish. Ben Cooper reports.

Asahi Breweries is to hike its wine prices by 3-20% as a result of increased procurement costs, according to reports.

UK Brewer and pub operator Greene King saw its like-for-like beer sales drop nearly 3% in the off trade, an indication of the current pressure on brewers.

Beijing Yanjing Brewery is to issue between 85m and 110m new shares with a value of at least Y17.88 (US$2.61) a share, after receiving approval from the China Securities Regulatory Commission, local press reported.

US-based White Rocket Wine Company has introduced a new wine brand called the French Maid.

NutriPure Beverages has signed a letter of intent with XND Technologies, under which NutriPure will acquire 100% of the stock of XND and XND will become a wholly owned subsidiary of NutriPure.

Andrew Peller, a producer and marketer of wines, has acquired 100% of the common shares of World Vintners, a producer and seller of consumer-made wine kits, for approximately $9 million.

The Pocket Shot Company, a provider of packaged alcoholic beverages, has entered into a distribution alliance with Pocket Distribution, a distributor of premium spirits throughout europe.