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And local partners can undermine joint ventures, as Danone discovered in an earlier failed venture with Wahaha, a beverage firm.
The US beverage firm worked with CDI in Brazil to develop an employability program that trains young people to become apprentices with local retailers.
Shares of Sapporo Holdings jumped 3.7% Wednesday morning after a news report said the beer maker will buy 20% of Pokka Corp., a beverage firm.
The Japanese food and beverage giant appears to be in an acquisitive mood, as it it made a $4.9 billion bid in November to buy Coca-Cola Amatil from Coca-Cola, in a deal that would create Australia's biggest beverage firm (See "Beverage Takeover Brewing In Australia").
Japanese beverage firm Suntory Holdings will buy Beam, the company behind American bourbon Jim Beam, for $13.6 billion. .
The Anheuser-Busch InBev deal comes just one week after Japanese beverage firm Suntory Holdings announced that it would buy Beam, the company behind American bourbon Jim Beam, for $13.6 billion. .
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The credits are purchased by large corporations, including beverage firms, healthcare companies and carmakers, to offset their emissions.
The soft drinks company also pledged to use its clout to encourage other food and beverage firms, traders – especially of soy, sugar and palm oil – as well as governments to endorse and implement voluntary UN guidelines on responsible governance of tenure on land, fisheries and forests.
While it's not high on any alcoholic beverage firms, my Buffett-based model is high on Coca-Cola.
Here's a look at these two picks, plus a couple non-alcoholic beverage firms that do get solid scores from my Buffett approach.
But Buffett's comments about potential future purchases of alcoholic beverage firms got me wondering which publicly traded companies from that industry do get approval from my Guru Strategies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com