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Beverage company Crayons has launched a line of all-natural and high-fructose corn syrup-free sports drinks to address the nutrition and hydration needs of youth athletes.

Clearly Canadian Brands, a marketer of alternative beverages, has reported that its total revenues for the second quarter ended June 30, 2008 were down 15% year-over-year to $2.53 million compared to $2.99 million for the same period in 2007.

Top bottled water companies Nestlé Waters, Danone and Highland Spring, have launched a new industry lobbying association to jointly promote their sector.

Chivas Brothers, the Scotch whisky division of Pernod Ricard, has sold its Glendronach distillery to the BenRiach Distillery Company.

PepsiCo and its main bottling arm have said they have completed a deal to buy 75% of leading Russian juice firm Lebedyansky.

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InBev has announced it has completed the first phase of financing its takeover of Anheuser-Busch, thanks to strong support from key bankers.

A bad start to the year has continued for Ireland's C&C Group, reporting cider revenue down 11% in its first half.

Fortune Brands is to stop distributing Absolut vodka in the US this autumn, after agreeing to an early termination of its contract with new owner Pernod Ricard.

PepsiCo and The Pepsi Bottling Group have completed a joint acquisition of a 75.53% stake in Russian juice company Lebedyansky.