News: Archive
Vietnam Brewery opens new bottling line at its Danang brewery
Vietnam Brewery has commissioned a new bottling line at its brewery in Danang to meet robust and surging beer demand. Singapore-listed Asia Pacific Breweries (APB) holds a 60 percent stake in Vietnam Brewery. The new packaging facility in Vietnam was unveiled by Minister of Trade and Industry Mr Lim Hng Kiang on Friday.
Kirin Acquires Liquor Manufacturer Mercian for $131 Million
Kirin, Japan's top alcohol and soft beverage maker, said it will pay 11.1 billion yen, or $131.5 million at current exchange rate, in a stock-swap deal to acquire the 49.9% of Mercian it did not already own. Under the terms of the deal, Kirin will pay 0.14 of its shares for each share of Mercian's. The deal is expected to become effective Dec. 1.
Heineken Illuminates the Night With Innovative Black Light Bottle
Heineken USA today announced the launch of the STR Bottle, an upscale aluminum bottle that when viewed under the black light of a club illuminates to reveal a previously hidden pattern of stars and trails. In addition to its interactive black light properties, the 16-ounce STR Bottle displays a progressive European design, indicative of the upscale style and attitude of Heineken's consumer. The new bottle design is another innovative first from Heineken USA, the nation's premier beer importer.
United Breweries to locally brew Dutch beer Heineken
The Vijay Mallya-led United Breweries is set to locally brew Dutch beer Heineken and position it at the super premium end of the market in early 2011. “Heineken will be priced higher than any other player and anything within our own portfolio in India, reflecting the market leadership and quality of the brand,” Vijay Mallya, chairman of United Breweries, (UB), said at the sidelines of the brewer’s annual general meeting on Friday.
SABMiller group plans to increase beer production in Angola
The SABMiller group plans to increase production capacity at its N'gola factory in Angola from 820,000 to 1.3 million hectolitres as of February 2011, the sales manager for the southern region, Paulo Rodrigues said Thursday in Lubango.
Russian ban pushes barley prices up
Feed barley prices, along with the price of other grains, have spiked as a result of Russia's ban on wheat exports. Russia banned its farmers from exporting wheat a few weeks ago, worried about food security because drought and fire had wiped out nearly a quarter of the nation's crop. The United States has taken up the slack, exporting more corn and barley for stock feed.
Russia: Grain Imports May Exceed Exports
Russia will sharply increase imports of agricultural goods this season and may become a net importer of grain for the first time in 11 years as a severe drought continues to ravage the harvest, analysts said Wednesday. Imports of barley alone — a key ingredient for the country’s booming beer industry — may rise more than tenfold to 700,000 tons this marketing year, from 50,000 tons a year before, according to SovEcon, an agricultural market researcher.
Carlsberg upgraded its full-year profits forecast yesterday, helped in particular by strong demand in Asia and better-than-expected consumption of its brands in Russia. The Danish brewing giant, which part owns Scottish & Newcastle, said it expected net profits to grow by 40 per cent this year, double the company's previous forecasts.
Ukraine Will Set Wheat, Barley Export Quotas to Bolster Domestic Supplies
Ukraine, the world’s biggest barley exporter, plans to limit overseas sales of the grain and wheat through the end of the year to shore up domestic food supply, Agriculture Minister Mykola Prysyazhnyuk said. Export quotas will be probably 1 million metric tons for barley and 1.5 million tons for wheat from Sept. 1 through Dec. 31, the minister said today.
Habeco launches largest brewery in Southeast Asia
The Hanoi Beer-Alcohol & Beverage Corporation (Habeco) on August 15 held a ceremony to launch the Hanoi-Me Linh brewery. The Hanoi-Me Linh brewery was built on an area of more than 264,000m2 by joint contractors Krones AG from Germany, the Vietnam Machinery Erection Corporation (Lilama) and Royal Haskoning Vietnam, with a total investment capital of VND2,000 billion. It is the largest and most modern brewery in Southeast Asia.
Miller Coors creates new company
Beer maker Miller Coors has created a new company. The company known for Miller Light, Molson and Coors has launched Tenth and Blake Beer Company. It will operate independently marketing and selling craft and import brands including Blue Moon, Peroni and Leinenkugel beers.
Kirin raises sales target of alcohol-free 'Kirin Free' beer for 2010
Kirin Brewery Co. said Friday it has raised its sales target for 2010 of ''Kirin Free,'' a malty-tasting beverage with no alcohol, to 5.1 million cases, up around 20 percent from the previous target of 4.3 million cases, due to stronger-than-expected sales.
Warsteiner Group and Diageo extend partnership
The Warsteiner Group and the drinks producer Diageo started their exclusive partnership in Germany in 2005. Nils Handke, retail sales director of the Warsteiner Group said, "We are pleased to be continiuing our successful cooperation." He said that Warsteiner has been achieving double-digit growth rates with Guinness and Kilkenny since the start of the cooperation."
AB InBev profit beats expectations
Shares of Anheuser-Busch InBev, the world's biggest brewer, rose more than 5% on Thursday as it reported forecast-beating growth, thanks to good weather and the group's sponsorship of the soccer World Cup. Earnings growth should accelerate further in the third and fourth quarters, helped by lower marketing expenses, the group added in an upbeat outlook statement. The company, whose brands include Budweiser, Stella Artois and Becks, said profit rose to $1.15 billion from $1.07 billion a year earlier. Analysts polled by Bloomberg had been expecting profit of $1.08 billion.
Japanese beer shipments rise 2.1% amid hot July
Domestic shipments of beer and beerlike alcoholic drinks in July increased 2.1 percent from a year earlier to 47.16 million cases for the second straight monthly rise, due largely to high temperatures across Japan, major brewers said Wednesday.
Asia becomes world's top beer producer in 2009: Kirin
Asia overtook Europe as the world's biggest beer-producing area in 2009 amid its economic growth with 58.67 million kiloliters produced, up 5.5 percent from the previous year, a Kirin Holdings Co. research arm said Tuesday. Asia took the top slot in the ranking list for the first time since 1974, when the Kirin Institute of Food & Lifestyle began compiling production data of major beer-producing nations, it said. In contrast, beer output in Europe shrank 5.1 percent to 55.15 million kl during the 12-month period, the institute said.
Heineken back on TV with global ad
A Heineken commercial which has already clocked up 2.5 million views on YouTube hits UK TV and cinemas screens this month. The multi-million pound burst of advertising will see the UK debut of Heineken’s Dutch advertisement, Walk in Fridge. The 30-second ad will be screened from mid-August and run until mid-September. It contrasts a group of women’s excitement for a walk-in wardrobe with men’s delight with a giant beer fridge.
Carlsberg India launches ‘Tuborg Strong’ in India
Carlsberg India has launched Tuborg Strong, a premium quality beer prepared using malt, adjuncts and hops, in the Indian market. The Carlsberg Group known for brewing mild beer globally, made a landmark change by introducing Tuborg Strong in keeping with the demands of the Indian market. In India, the strong beer segment continues to dominate beer consumption with a formidable 76 per cent market share.
Global Beermakers Eye U.S. Craft Brewers' Growth
U.S. beer drinkers want to try new, tasty beers, and they're not dissuaded by the weak economy or higher prices. In the first half of 2010, sales volume at craft brewers rose 9 percent while overall sales volume for the U.S. beer industry dropped 2.7 percent. That's according to the Brewers Assn., the trade group for the country's 1,625 craft breweries, defined as small, independent outfits that use traditional brewing methods.
Kirin to manufacture beer in Germany
Kirin Holdings Co. said Tuesday it will start manufacturing beer in Germany in early October for sale in 23 European countries. Kirin Ichiban, the Japanese brewer's brand for marketing in continental Europe, has previously been produced by commissioning manufacturers in Russia and Britain.
Molson Coors profit up 27 per cent in Q2/2010
Molson Coors Brewing Co. says its Canadian beer sales were up but worldwide volume fell in the second quarter as consumers in many markets continued to limit their spending. While Canadian volume rose 2.6 per cent, worldwide volume fell 0.7 per cent. But the company posted a 27 per cent hike in profit.
Taiwan brewer invests in China
Taiwan Tobacco and Liquor Corp. - Taiwan's state-owned beer maker - will invest around 30 million US dollars to open a brewery in Shanghai to produce its signature product "Taiwan Beer" this year. he plant will produce 50,000 tonnes of beer and cut the price of Taiwan Beer, currently two to three times more expensive than mainland brands, to boost its competitiveness.
GrainCorp US Subsidiary Great Western Malting Company Purchases Brewcraft USA
Great Western Malting Company based in Vancouver, Washington announced the acquisition of Portland, Oregon-based Brewcraft USA. Brewcraft USA supplies an extensive range of premium quality local, imported and specialty ingredients, and equipment for production of beer, wine and distilled products. Greg Friberg, the President of Great Western Malting Co. said, “We are very impressed with the team at Brewcraft USA and their business model. Great Western Malting is a cornerstone of the craft brewing industry in North America and our goal with this acquisition is to become a mainstay of the home brewing industry as well.”
Heineken redesigns Fosters packaging with contemporary look
Heineken UK has redesigned the packaging for Fosters lager to help strengthen the brands position in the off-trade market. The new look introduces a kangaroo jumping around the base of the can and uses silver and a more modern typeface to give the packaging a more contemporary feel, Heineken said.
European Court Caps Budweiser Name Battle
Europe's high court has capped off a beer trademark case by ruling that Anheuser-Busch cannot trademark "Budweiser" beer in Europe. Anheuser-Busch applied to use the Budweiser trademark in the European Union in 1996. The office in charge of such registrations rejected Anheuser-Busch's application. Europe's second-highest court last year agreed, ruling that the Czech Brewery Budejovicky Budvar, due to its history with the Budweiser mark, should have dibs on use of the name, especially in Germany and Austria.
Warsteiner Launches Website Redesign
Warsteiner, an international premium beer brand, is pleased to announce the launch of its new worldwide website, Warsteiner.com, providing a fresh look to the brand, while still keeping Warsteiner’s historic foothold in the brewing industry. Following this debut in Germany, a subsequent website for the United States will launch July 29, with The Netherlands and Italy also taking place this month.
Kirin Buys Stake in Tiger Beer Maker For $974M
Kirin, Japan largest beermaker, said Monday it agreed to buy a 14.7 percent stake in the maker of Tiger beer from Singapore government investment fund Temasek for almost $1 billion. Kirin Holdings Co. will buy 205.5 million Fraser & Neave shares from a unit of Temasek Holdings Ltd. for Singapore dollars 1.34 billion ($974 million), it said in a statement.
SABMiller launches Miller Genuine Draft in Colombia
SABMiller announced that it will be launching its international premium brand, Miller Genuine Draft, in Colombia. Miller Genuine Draft (MGD) is already drunk by consumers in 73 markets around the world and the launch in Colombia will ensure that SABMiller further strengthens its global international premium offering, SABMiller said. Colombia was chosen because its consumers are becoming increasingly cosmopolitan and look for unique and relevant brands with which to associate. In addition, Miller Genuine Draft's smooth and refreshing flavour profile will appeal to local tastes and complement SABMiller's existing portfolio in the country which includes Águila, Águila Light, Club Colombia, Poker, Pilsen, Costeña, Redd's and Peroni Nastro Azzurro.
MillerCoors LLC's sales volume dropped 2.4% for the quarter ended June 30 from a year ago, the Chicago-based brewer announced Thursday. The sales decline occurred "in a market that remained soft amid ongoing economic pressures," said SABMiller Plc. The London-based brewer owns 50% of MillerCoors, which has a brewery and eastern division headquarters in Milwaukee.
Heineken UK rolls out refresh activity to grow sales
Leading beer and cider supplier, Heineken UK has started to roll out a refresh of the identities of some of its biggest brands in a bid to
grow the category. Heineken UK has launched major packaging investment across its brand portfolio to help retailers boost profits through merchandising and display. It has pinpointed brand packaging as a major influence in shopper purchasing decisions in the beer and cider aisle; packaging can be an effective way for retailers to create impactful displays which help shoppers to find the big brands easily. Ultimately this means shoppers have a more satisfying shopping experience.
Soccer World Cup makes Bud more popular
Anheuser-Busch InBev says Budweiser is getting more and more a global icon due to its success of the World Cup marketing program. Budweiser was the seventh time the tournament's official beer, but the first under the company's new formation.AB Inbev wantes Budweiser to be become a worldwide brand like Coca-Cola.
Kempinski opens first 5-star hotel in Yinchuan with an own micro brewery
Yinchuan's first international five-star hotel in the city, Kempinski Hotel Yinchuan, is bringing remarkable European flair to the local market. The food and beverage offer ranges from the Paulaner Brauhaus Restaurant with homemade beer to traditional Chinese cuisine, the all-day dining restaurant Café Berlin, Lobby Lounge, and Kempi Deli. The hotel is the oanly one with an own inhouse miro brewery in Yinchuan.
Probably the best-looking brewery in the world...
Carlsberg lands 'iconic' heritage status. The Carlsberg brewery in Northampton is one of several examples of "iconic" buildings in the county to be featured in a collection of contemporary architecture created across the East Midlands in the past 50 years.
Canada: Barley Production 2010/11
The first survey-based forecast of 2010 barley production is 182 million bushels, down 8 million from the previous projection and down 45 million from the 2009 crop. Planted area was down 301,000 acres from earlier intentions and down 595,000 acres from 2009. Harvested acreage is estimated at 2.5 million acres and is down 567,000 acres from 2009. The expected decline in production is a result of the lowest planted acreage on record and the lowest expected harvested acreage since 1883. The average barley yield is forecast at 71.6 bushels per acre, up from last month's trend-based projection of 66.9 bushels. If realized, the 2010 yield would be second only to last year’s record of 73.0 bushels per acre. As of July 4, 85 percent of the crop was rated in good to excellent condition, compared with 77 percent last year at the same time.
Heineken Considering Brewing in Ethiopia
Heineken Beer may be on its way to Ethiopia, reports Capital. A delegation from the Netherland’s Heineken Holding, producer of the internationally renowned beer brand visited Ethiopia this week intending to put up their factory here in Ethiopia jointly with Kangaroo Industrial Group, a major local distributor of the brand. A Team of the delegation led by East African marketing manager of Heineken stayed in Addis Ababa for three days last week. The delegation met with owners of Kangaro Industrial Group which currently supplies Heineken to the local market.
Carlsberg raises stake in Minsk brewery to 47 percent
Danish brewer Carlsberg raised its stake in the Minsk-based Olivaria Brewery and expected the Belarusian market to be stable in 2010. The company paid an unspecified amount to raise its stake in the brewery to 47 percent from 30 percent, in line with its aim of being the majority shareholder in its joint ventures.
Heineken Named Favorite Beer in Asia
Heineken was voted the No. 1 beer in the 2010 Asia's Top 1000 Brands survey. The survey was conducted by market researcher TNS and Media Magazine on 3,322 consumers aged between 15 and 64 in 10 Asian countries including Korea, Australia, China and India. The premium Dutch beer brand was followed by Denmark's Carlsberg, China's Tsingtao, and Tiger from Thailand. The top five brands across all categories were Sony, Samsung, Panasonic, LG and Canon.
SABMiller Launches Pilsner Urquell in the Netherlands
This month SABMiller, one of the world's leading brewers, launches the original pilsner Pilsner Urquell in the Dutch market. This reflects the growing number of consumers in the Netherlands who seek to discover new, but authentic, experiences. The heritage, provenance and premium positioning of Pilsner Urquell is ideally suited to appeal to these consumers.
Research aims for winter barley suitable for distilling market
Researchers at the Scottish Crop Research Institute are attempting to improve the quality of winter malting barley for distilling by transferring some of the improvements seen in spring barley to the winter crop. The distilling sector required barley with a low grain nitrogen, an absence of glycosidic nitrile (GN), and to produce a higher level of spirit yield, Bill Thomas explained. "But historically winter barley doesn't give these characteristics."
Sapporo seeking for US beer brand
Japanese brewer Sapporo Holdings is seeking for a premium beer brand in the United States to expand its North American market share and offset declining demand in Japan, a company executive told.
India's UB plans to produce Heineken locally by next fiscal year
India's UB GROUP firm United Breweries Ltd on Monday said it is planning to locally produce Dutch beer brand Heineken by next fiscal year besides launching a refurbished 'Tiger' brand in India this year. "Probably, we will start selling (locally brewed) Heineken by next financial year," United Breweries Limited (UBL) Senior Vice-President (Marketing) Samar S Sheikhawat told reporters
Anheuser-Busch InBev wins dispute with Modelo
Anheuser-Busch InBev SA said Monday it has a won an arbitration dispute with Grupo Modelo, and investors said the saga's closure could set the stage for more deals among the world's top brewers.
Barley, not wheat, bears brunt of EU downgrade
Barley, rather than wheat, has borne the brunt of European Union weather setbacks, cutting yield prospects for a crop whose prospects were already curtailed by the lowest sowings in 50 years. US Department of Agriculture beancounters made only a token cut of 1.1m tonnes, equivalent to 0.8%, in their estimate for the EU's wheat harvest in their latest set of monthly crop revisions.
Carlsberg approved to buy 12.25% stake in Chongqing Brewery
Chongqing Brewery Co, a leading beer supplier in China, on Monday announced that its shareholders have approved Carlsberg Group's plan to acquire a 12.25% stake in the company, sources reported. Carlsberg will buy the stake from Chongqing Beer Group, parent of Chongqing Brewery.
SABMiller launches entrepreneurship programme in Colombia
Bavaria, the Colombian subsidiary of world leading brewer SABMiller, is addressing the problems faced by small entrepreneurs as they try to grow their businesses.
The new initiative builds on Bavaria’s Destapa Futuro entrepreneurship programme, which has already been running for three years. Destapa Futuro has supported the creation of 184 businesses and invested over US$6 million in training, mentoring and assessing business plans for more than 1,000 entrepreneurs.
Foster's to launch 'Good Call' ad campaign
Heineken UK is set to launch its latest advertising campaign for Foster's lager tomorrow (3 July), designed to play on Australia's assumed laid back approach to life.
SABMiller launches Miller Genuine Draft in South America
Peru will be the first market in South America to begin selling its iconic Miller Genuine Draft brand, the brewer announced. Miller Genuine Draft is now available in 72 countries around the world and has become the most sold beer in SABMiller's portfolio of global brands, according to a statement. It is anticipated that Miller Genuine Draft will be popular with Peruvian consumers because of their strong connection with American heritage and iconography. The brand will target 18-29 year old male and female consumers and will initially be launched to selected bars, restaurants and nightclubs in Peru's capital city, Lima.
SABMiller creates educational opportunities in Honduras
SABMiller, one of the world’s leading brewers, is providing an education for children of sugar cane workers in Honduras.Cerveceria Hondurena, SABMiller’s Honduran subsidiary, set up the ‘Azunosa’ school with the aim of trying to ensure that the sugarcane fields which supply its soft drinks operation are not worked in by under 18 year olds.
Carlsberg reaches impasse with Chongqing Brewery Company
The World's fourth-largest brewer, Danish brewer Carlsberg, met another impasse in its purchase process of China's Chongqing Brewery Company (CBC) Tuesday. The firm exposed that, as the acquiring party, its Hong Kong branch was not qualified to acquire a firm since it reported consecutive losses for three years, according to media reports.
Africa's growing thirst a draw for global brewers
While small compared to most mature markets - and even other developing ones - Africa is still attracting plenty of attention from global brewers seeking to tap into the continent's steadily growing thirst for beer. Breweries and brands are sprouting like mushrooms from Johannesburg to Juba as multinational giants like SABMiller, Diageo and Heineken seek to build out long-standing local presences into larger regional ones using products old and new alike. And with good reason: While hundreds of millions of Africans are still trapped in dire poverty, economic development and political stability have pulled increasing numbers of the rest into higher levels of prosperity and given them the discretionary income that comes with it.
Brewer Budvar reports 40 pct jump in pretax profit
Czech state-owned brewery Budvar -- which has been fighting a long legal battle over the Budweiser brand -- said Wednesday its 2009 pretax profit jumped 40 percent despite a slight fall in annual production. Budejovicky Budvar NP said it earned 298.6 million koruna ($14.1 million) before tax. Budvar spokesman Petr Samec attributed the result to a weaker local currency and an increase in the beer's price.
SABMiller Helps Farmers In Sudan
Brewer SABMiller PLC has won nearly $1 million to develop a beer brewed with cassava and to source the root plant locally to help small-scale farmers in Sudan. The brewer, known for brands such as Miller Lite and Grolsch, said in a news release Friday the money comes from the Africa Enterprise Challenge Fund. SABMiller will contribute more than $2 million — bringing the total investment to about $3 million.
Pilsner Urquell available in the Netherlands
Before Pilsner Urquell was developed in 1842, beers tended to be dark and murky, SABMiller said in a statement. The new pilsner was the first gleaming, golden beer in the world. From now on Grolsch will take charge of all Pilsner Urquell distribution, marketing and sales activities in the Netherlands.
AB InBev to roll-out Stella Artois Black
Lager lovers will soon be able to sample a new product from AB InBev: Stella Artois Black. The 4.9 per cent beer, which is not black at all but rather a golden brew, will be produced in and imported from Belgium. The brewer said it will be available in “selected on-trade locations” from the autumn.
SABMiller commissions new brewery in Warnervale, Australia
SABMiller has announced that Pacific Beverages, its joint venture in Australia with Coca-Cola Amatil, has commenced brewing at its new $105 million Bluetongue brewery in Warnervale, Australia. The new brewhouse will enable the production of a combination of the domestic brands in addition to SABMiller's brands Peroni Nastro Azzurro, Peroni Leggera, Miller Genuine Draft, Miller Chill and Grolsch.
SABMiller Sustainability Report: Water Use and CO2 Emissions Fall by 4%
SABMiller has reduced both its water use and CO2 emissions by four percent per hectoliter of beer produced compared to the previous year, according to the company’s 2010 Sustainable Development Report. The brewer also cut its energy use per hectoliter of beer produced by 3 percent compared to the previous year. Full performance scores for each of its operations by region are available at www.sabmiller.com/sam.
Bavarian Brewer BHB Seeks $5.5 Million in Munich IPO
BHB Brauholding Bayern-Mitte AG, a German beer and beverage company, seeks to raise about 4.48 million euros ($5.5 million) in an initial public offering in Munich next month. BHB will use the proceeds to accelerate its regional expansion “as a further consolidation among Bavaria’s 674 breweries is to be expected,” management board member Gerhard Bonschab said at a press conference in Munich today. The company will also use the funds to repay debt, he said.
Heineken Lets Beer Drinkers Customize Their Bottles
Heineken drinkers on the Emerald Isle have the chance to buy the most expensive bottles of Heineken ever produced--probably. For a thimbleful under $38 you get a six-pack of bottles that you can customize yourself. The digital marketing campaign is the brainchild of the AKQA agency, and it allows drinkers to add text and image of their own onto 42 different bottle designs.
Tanzania Breweries Profit Rises 14% as Premium-Beer Sales Grow
SABMiller Plc’s Tanzanian unit posted a 14 percent increase in full-year profit as sales of higher-margin premium beers increased. Net income rose to 92.4 billion Tanzanian shillings ($63.7 million) in the 12 months through March, from 80.8 billion shillings a year earlier, Tanzania Breweries Ltd. said in a faxed statement today in Dar es Salaam, the commercial capital. Revenue climbed by the same margin to 528 billion shillings.
Carlsberg acquires additional 12.25% stake in Chongqing Brewery
Carlsberg A/S, the world’s fourth- biggest brewer, agreed to pay 2.39 billion yuan ($349 million) to raise its stake in Chongqing Brewery Co. by 12.25% to 29.71 percent. The acquisition brings Valby, Denmark-based Carlsberg closer to a controlling interest in a company with 15 plants and operations in seven Chinese provinces.
Carlsberg attains momentous position amongst the world’s best
Arecent consumer study conducted by Reputation Institute declared Carlsberg as one of the world’s most reputable company, thus reinforcing Carlsberg’s brand promise to its consumers. With a qualifying score of 70.31, that allows a brand to gain membership on Reputation Institute’s list of world’s most reputable companies, Carlsberg has successfully set its position as a company recognized for building strong relationships. This year the World's Most Reputable Companies list also includes Google, Sony, The Walt Disney Company, BMW, Daimler/Mercedes-Benz, Apple, Nokia, IBM, The Coca- Cola company Microsoft, Johnson & Johnson, Singapore Airlines, Samsung Electronics, Procter & Gamble.
SABMiller launches Grolsch in Romania
This month SABMiller, one of the world's leading brewers, launches Grolsch in Romania. The decision to launch the brand reflects the fact there are a number of Romanian drinkers who don't currently have a beer that suits their needs and lifestyles, SABMiller said in a statement.
Crown and SABMiller Launch an Innovative Convertible Can for FIFA World Cup
A convertible can will be introduced just in time for the FIFA World Cup in South Africa in June. The South African Breweries Limited (SAB Ltd), SABMiller plc’s South African subsidiary, is introducing a new innovation in beer packaging. The can that converts into a drinking cup, developed by Crown Holdings, Inc., is the first of its kind as the entire lid of the can is removed to open. The innovation removes the need for glassware or the care and cleaning of glassware.
Ethiopian Beer Drinking to Rise 15% per year in the next 5 years
Beer drinking in Ethiopia will grow by about 15 percent per year over the next five years as a growing population has more money to spend, Access Capital said. Ethiopians currently drink 4 liters of beer each year, compared with 12 liters in Kenya and 25 in Cameroon, the Addis Ababa-based research company said in an e-mailed note today.
AB InBev looks to sell off brands in UK
The website Business Sale Report notes that Anheuser-Busch InBev is taking steps to dispose of most of its United Kingdom beers. Brands for sale are Flowers, Boddingtons and Bass Ale. Bass Ale, established in 1777, has lost appeal with drinkers and has also suffered from a lack of marketing as AB InBev devotes its attention to its global lagers.
Foster’s May Be $11 Billion Target After Wine Spinoff
Foster’s Group Ltd.’s plan to spin off its wine unit may prompt bids from SABMiller Plc, Asahi Breweries Ltd. and other global beermakers attracted to the wider profit margins in Australia, fund managers said. The brewing business may be worth more than A$13.5 billion ($11 billion) and draw interest from Suntory Holdings Ltd. and Sapporo Holdings Ltd. of Japan, said Theo Maas, who helps manage A$5 billion at Arnhem Investment Management in Sydney.
SABMiller’s China partner profitable
China Resources Enterprise, the Chinese partner of SABMiller , said yesterday first-quarter profit increased almost ninefold as its retail business improved and it made money selling some units. Net income in the three months ended March increased to HK3,73bn ($478m) from HK417m a year earlier, China Resources said . Profit from continuing operations rose 62% to HK716m, it said. China Resources is concentrating on its consumer businesses to tap growing demand in China.
Carlsberg becomes Euro 2012 official sponsor
Carlsberg's rights include exclusive marketing rights for alcoholic drinks inside Euro 2012 venues, and global marketing rights for the European Under-21 Championship in 2011, being held in the brewer's home market, Denmark.
AB InBev to expand Budweiser in Russia
Just Drinks is reporting that Anheuser-Busch InBev has bought back its license to brew and sell Budweiser in Russia as. The company is looking to regain market share by improving its presence in the country's premium beer sector. Sun InBev, a Russian subsidiary of Anheuser-Busch InBev, will produce and sell Budweiser.
SABMiller Zimbabwe will spend $112 million in the next 2 years
SABMiller's Zimbabwe unit will spend $112 million in the next two years to ramp up output, the chief executive said, as it bets the recovery from economic crisis will boost demand for beer and soft drinks.
SABMiller reports 1.5% profit rise
SABMiller said its annual profit in the year ending March 31 climbed 1.5% to $1.91 billion, with revenue including its share of the MillerCoors venture rising 4% to $26.35 billion. Excluding tax, interest and amortization, profit for the maker of Miller, Peroni and Snow beer rose 6% to $4.38 billion.
Budweiser brewery gains 3,000-solar panel array
The maker of Budweiser beer has installed a solar power system on the roof of its brewery in Newark, New Jersey, featuring 3,000 solar panels. At peak production, the system will deliver nearly 5% of the brewery’s electrical demand.
Molson Coors to launch draught beer in time for the World Cup
Molson Coors is launching a new draught beer for the off-trade, Home Draught Kegs designed to fit into a home fridge. Made available in time for the FIA World Cup, the 10-pints keg will be rolled out next month, and available at various supermarkets including Sainsbury’s and Morrisons. The £8m launch will be made available in three of Molson Coors’ brands - Carling, Coors Light and Grolsch.
San Miguel Net Profit Rose 7% In First Quarter
San Miguel Corp., the Philippines' largest food and beverage conglomerate, said Monday its first-quarter net profit rose 7% from a year earlier, helped by higher sales of beer and hard liquor in the local market as well as double-digit growth in operating income. The conglomerate that is now diversifying into heavy industries to drive future growth said net profit in the January-March quarter rose to 2.90 billion pesos ($64.3 million) from 2.70 billion pesos in the year-earlier period, while sales rose 7% to 44.7 billion pesos from 41.9 billion pesos.
SABMiller to serve up a cup-can
SABMILLER has patented an easy-to-open beer can that converts into a drinking cup when the top has been removed, part of an effort by the world’s second- largest brewer to reduce waste and violence at sporting events. The container would be introduced at the Soccer World Cup next month, Norman Adami, MD of SABMiller’s Johannesburg- based unit, said yesterday.
Frank Massen Appointed CEO of Carlsberg Deutschland
Frank Massen (45) has been appointed CEO of Carlsberg Deutschland effective as of 14 May. He comes from a position as Managing Director of the Trinks Group. Frank Massen has more than 20 years of experience in marketing and sales. He has held various positions in companies such as Unilever Germany, SmithKline Beecham and United Distillers.
Carlsberg Group reports net profit for Q1
Carlsberg Group has reported that a net profit for the first quarter of 2010 was DKK471 million. Net revenue for the first quarter of 2010 was DKK11 billion, compared to DKK11.8 billion for the first quarter of 2009, a decrease of 7%. Operating profit for the first quarter of 2010 was DKK735 million, compared to DKK788 million for the first quarter of 2009.
MillerCoors unveils new Miller High Life packaging
MillerCoors LLC is introducing new packaging for its Miller High Life brand.
The new packaging for High Life and High Life Light will feature what MillerCoors management has deemed “a cleaner, more streamlined look,” while maintaining the Miller logo, “Girl in the Moon” imagery and “Champagne of Beers” tagline. Read more: MillerCoors unveils new Miller High Life packaging - Denver Business Journal:
Molson Coors Brewing Company Enters Joint Venture Agreement
Molson Coors Brewing Company has announced that it has entered into an agreement for the purchase of 51% controlling interest in a joint venture with Hebei Si’hai Beer Company. The total cash investment for the purchase is $40 million. Pursuant to the terms of the agreement, the joint venture will have control over the Si’hai brewing operations. This includes the company’s contract brewing business and the provision of opportunities for the expansion of the sales and distribution of a portfolio of brands led by Coors Light and regional Si’hai beers.
Anheuser-Busch InBev's profit drops 34%
Anheuser-Busch InBev NV announced today that its first-quarter net profit dropped 34% to $475 million compared with $716 million in the year-ago period. Turnover edged up to $8.3 billion from $8.19 billion.
Molson Coors Q1 profit up 38% despite volume dip
Molson Coors Brewing Co. posted sharply higher profits in its latest quarter Tuesday despite lower beer volume and greater expenses, with a one-time tax gain boosting results. The Denver-based beermaker reported first-quarter profit of $104.6 million, or 56 cents a share, up 38 percent from its income of $75.7 million, or 41 cents a share, in the same quarter of 2009.
Anheuser-Busch renews partnership with PGA TOUR
The PGA TOUR and Anheuser-Busch, Inc. announced on Monday an extension of their longstanding marketing partnership by three years. As part of the agreement, Michelob ULTRA is the "Official Beer of the PGA TOUR" and O'Doul's the official non-alcohol brew, both through 2013. Anheuser-Busch has been an official marketing partner of the PGA TOUR since 1994.
Carlsberg is promising to deliver 16 sporting legends as part of a new World Cup advertising campaign, under the strapline “Probably the best team talk in the world...”. The brewer is keeping exact details of the TV ad under wraps until it is aired on Saturday 8 May during the Football League playoff coverage on Sky, but appearances from 1966 World Cup winner Jack Charlton, Sir Steve Redgrave and Sir Clive Woodward have been confirmed.
Heineken completes acquisition of FEMSA beer businesses
Heineken N.V. today announced that it has completed the acquisition of the beer businesses of Fomento Económico Mexicano, S.A.B. de C.V., following approval from all relevant anti-trust authorities and shareholders of Heineken N.V., Heineken Holding N.V. and FEMSA.
SABMiller and AB InBev brewing favourites for World Cup
There's no trophy at the end, but Anheuser-Busch InBev and SABMiller are likely to emerge as the brewing winners of the football World Cup starting in June. SABMiller should benefit from higher sales in hosts South Africa, where it has an 89 percent share of the market, while AB InBev stands to profit from its first World Cup sponsorship since its merger and a good showing from the Brazil team.
SABMiller to Build New $34 Million Brewery in Namibia
SABMiller Plc, the world’s second- biggest brewer by volume, plans to build a new plant in Namibia for $34 million to push its Castle and Castle Lite brands further into the country. SAB has been importing beer into Namibia for more than 20 years, the London-based company said today in an e-mailed statement. The brewer will own 60 percent of the Namibian unit with 40 percent to be awarded to local partners, including three charitable trusts in a “black economic empowerment initiative,” it said.
Budweiser Limited Edition FIFA World Cup 2010
World Cup sponsor Budweiser is producing a new bottle as part of its package of activity around the tournament. The UK only limited edition FIFA World Cup Trophy Bottle was launched this month and features the iconic gold trophy. The aluminium bottle has been designed to feel cold in the hand, allows for less spillage and the 473ml size means customers can make fewer trips to the bar.
Heineken revenues drop 3.5% in Q1 2010
In the firt quarter 2010 the sold beer volume of Heineken drop by more than 5%. On the other hand the EBIT grew mid-single digit as the effect of cost savings, positive pricing and sales mix exceeded that of lower volume.
SABMiller quarterly beer sales climb 2%
Beer sales edged up in the most recent quarter, helped by a recovery in emerging markets, brewing giant SABMiller said Tuesday. Comparable lager volumes for SABMiller rose 2% in the fourth quarter ending March 31, compared to flat sales for the year.
SABMiller to bid for minority stake in Chongqing Brewery
SABMiller Plc, the world's second-largest brewer, plans to bid for a 12.25% stake in Chongqing Brewery Co<600132>, which is currently 17.46%-owned by Carlsberg Group, the Economic Observer reported on Friday, citing unnamed sources familiar with the matter as saying. On Wednesday, Chongqing Beer (Group) Co, the largest shareholder of Chongqing Brewery, said that it plans to sell 59.30 million shares, or a 12.25% stake, in Chongqing Brewery, adding that domestic and overseas bidders should submit bidding documents within in ten working days after the announcement.
Diageo admits importing malt from Britain to make Guinness
The Diageo group has admitted it has imported malt from Britain for Guinness prompting an angry reaction from Irish malting grain growers. Diageo and Irish malting barley growers have been at loggerheads for a number of years over the price the company pays for malting barley and last year there were a number of protests on the issue.
Anheuser-Busch InBev to spend RMB 650 mln on Sichuan plant
Anheuser-Busch InBev NV, the world’s leading brewer, last week held a foundation laying ceremony for its first brewery in Southwest China. The plant, which will be located in Ziyang, Sichuan Province, will cost RMB 650 million. It will have an area of 136,000 square meters and will produce 300,000 tons of beer annually. The plant will be put into operation in June 2011.
7-Eleven to sell private-label beer
7-Eleven might not know a lot about brewing -- it's reportedly leaving that to City Brewing in LaCrosse, Wisconsin -- but it does know beer, given that a huge chunk of industry sales take place at convenience stores. The company confirmed that the new product is a premium beer selling at a budget price but wouldn't provide further details. Unfortunately for chains like 7-Eleven, their prime demographic, the key beer-drinking crowd, has been the segment hit among the hardest by the recession, says Beer Marketer's Insights president Benj Steinman. Think male, age 21 to 27, blue-collar workers, and then think about the decline of industrial jobs.
Mexico's Grupo Modelo forms JV with U.S. food giant Cargill
Grupo Modelo, Mexico's leading beer producer and exporter, announced that it has formed a strategic partnership with U.S. food giant Cargill at Modelo's malt plant in Idaho Falls, Idaho. The Mexican company will have a 51 percent stake in the joint venture, to be called Integrow Malt LLC, while the remaining 49 percent will be held by Cargill.
Grupo Modelo said workers at one of its key plants in Tuxtepec, Mexico, have been on strike since the beginning of April. Modelo, Mexico’s largest brewer and the maker of Corona, is half owned by Anheuser-Busch InBev. Last month, an analyst said A-B InBev is likely to buy the other half of Grupo Modelo this year for about $10.8 billion. Modelo said the union wants to negotiate issues that were not originally included in the labor contract revision but did not identify the issues.
Carlsberg workers end workplace drinking strike
Carlsberg workers have returned to their jobs after a three-day wildcat strike by warehouse and production workers in Denmark to protest new rules limiting workplace drinking.
Chinese brewer Tsingtao sees net profit leap in 2009
Tsingtao Brewery Co. Ltd., one of China's leading beer makers, Friday announced a 2009 net profit of 1.25 billion yuan (183.1 million U.S. dollars), up 79.2 percent year on year. Its sales revenue rose 12.5 percent year on year to 17.76 billion yuan due to strong market demand, the Shanghai-listed firm said in its 2009 annual report. The brewery, based in Qingdao in eastern Shandong Province, attributed the quicker net profit growth pace to rising sales and lower costs. The falling prices of imported barley and other production materials last year helped the firm to cut costs, said the report.
Speaking at the Cartagena World Economic Forum, the CEO of beer brewer SABMiller announced that Colombia is now the company's most profitable beer market worldwide, the Wall Street Journal reported Wednesday. The Andean nation's beer sales were some of the least affected and fastest to recover from the global economic downturn, which hit the beer industry hard, said the company's CEO, Graham Mackay, at the World Economic Forum (WEF) on Latin America in Cartagena. The Colombian government hiked the tax on beer from 3% to 14% from February 1st 2010, and has plans to raise it to 16% from January 1st 2011.
Carlsberg And AB InBev In Talks For India Alliance
Two global rivals may be exploring sharing of production facilities to push ahead in a challenging market. Global brewing giants and rivals Anheuser Busch InBev (AB InBev) and Carlsberg A/S may have discussed the possibility of an alliance centered around sharing of production and distribution platforms in India's rapidly growing beer market, said at least two sources familiar with the developments.
Budweiser unveils its biggest-ever on-pack promotion for the World Cup
Budweiser, Official Beer of the 2010 FIFA World Cup South Africa™, today unveiled its largest ever on-pack promotion: Predict & Win.
Running across 10 million packs in the UK, Predict & Win will support Budweiser's 2010 FIFA World Cup South Africa™ sponsorship by engaging and bringing new and seasoned fans together to celebrate the greatest tournament on earth. James Watson, Marketing Director, Budweiser Western Europe said: "We're celebrating our official sponsorship of the 2010 FIFA World Cup South Africa™ with our largest ever on-pack promotion designed to engage consumers in the run up to and during the tournament.
Coors Light expands distribution of Home Draft system
After successful testing in limited markets, Coors Light has announced expanded distribution of its new Coors Light Home Draft system, allowing legal-drinking-age consumers to literally 'tap the Rockies' and enjoy draft beer from their own refrigerator. The Coors Light Home Draft system is CO2 pressurized, providing 16 12-ounce pours of real draft beer. With more than one-third of legal-drinking-age consumers preferring draft beer over bottled or canned beer, this package provides a true draft beer experience, delivering a consistent smooth pour with minimal foam. It fits perfectly inside your fridge and stays fresh for up to 30 days.
San Miguel’s malt beer wins Monde gold medal
San Miguel Brewery Inc. (SMB) has included the seal of the highly prestigious Monde Selection Awards in the label of the San Miguel Premium All-Malt Beer to signify the gold medal received the brand received last year from the international award-giving body for finished food and beverage products. Launched only in August 2008, it was the first attempt for SMB’s premium beer in the Monde Selection Awards.
The Comisión Federal de Competencia, the anti-trust regulating authority under the Ministry of Economy, Mexico, recently approved the deal between FEMSA, formally known as Fomento Económico Mexicano, S.A.B de C.V., one of the largest brewers in the country, and Heineken N.V., the largest brewery in Europe, for the acquisition of the beer operations of the former.
SABMiller Intends to Stick With South African Gaming Venture
SABMiller Plc, the world’s second- largest brewer, has no immediate plans to dump its South African gaming assets after the proposed merger of its Tsogo Sun Holdings Ltd. unit with Gold Reef Resorts Ltd. SABMiller will keep its 39.7 percent stake in the enlarged company for at least six months after the transaction, Gold Reef Chief Executive Officer Stephen Joffe said today. “I don’t know if they are a seller after that.” SABMiller spokesman Jonathan Oates said there is “no short- or medium-term intention to dispose of any shares in the new combined entity.”
Carlsberg crowned Malaysia’s Most Preferred Beer
Malaysian consumers have chosen once again to place Carlsberg as their most preferred beer brand in the country in two prestigious brand awards. The brand won Gold Award in the Beverage – Alcohol category at the inaugural Putra Brand Awards 2010, a consumer research that measures the most preferred brand in Malaysia. Carlsberg also won the “Reader’s Digest Trusted Brand Gold Award”, an award it has won for 11 years in a row.
Diageo plans to start brewing Guinness in South Africa
Diageo plans to brew its Guinness beer in South Africa. The new brewery at Sedibeng, south of Johannesburg, built by a joint venture of Diageo and Heineken, started brewing its first Amstel and Windhoek beers late last year. This year the joint venture will start brewing Guinness and Heineken's Strongbow cider.
SABMiller to sell beer at South African fan parks during World Cup
Brewer SABMiller will provide beer at fan parks during the 2010 Fifa soccer World Cup, after reaching an agreement with the organisers of the month long tournament in South Africa. The decision will enable SABMiller's South Africa unit to sell between 8-10 million beers, which will account for 40,000-50,000 hectolitres of beer.
When Molson Coors Canada went looking to be innovative in the beer industry, the company set its sights on bubbles. The Montreal-based firm, part of the Molson Coors Brewing Co. (NYSE: TAP), launched its newest beer, M, in the Maritimes Friday at the Moncton Press Club. Molson explained that through a patent-pending microcarbonation process, the firm injects carbon dioxide through smaller, finer bubbles to achieve an ideal level of carbonation for the new beer.
Anheuser-Busch offering buyouts to brewery workers
Anheuser-Busch Inc. said Friday it is offering early retirement packages to union workers at its U.S. breweries. The beermaker has a mjor brewery in Fort Collins.
SABMiller will increase production capacity in China
SABMiller Plc and its Chinese partner, which make the country’s best-selling beer, will pursue acquisitions and increase production capacity to boost growth in the world’s most populous nation. Building capacity in China, which had 593 breweries in 2009, remains “relatively cheap,” Ari Mervis, managing director of SABMiller’s Asia operations, said in Beijing. The venture will also continue to open new breweries, he said.
Algeria aims to export barley for the first time of 40 years
Algeria wants to export 300,000 tonnes of barley in its first foreign sale of the grain in 40 years, an agriculture ministry source said on Thursday. lgeria's state cereals agency OAIC will handle the sale, Agriculture Minister Rachid Benaissa told reporters on Thursday.
Molson Coors offers World Cup support for pubs
The global brewer is offering pubs two different kits from May onwards. The Match Planning Kit is designed to help pubs plan and promote matchdays and includes a World Cup match planner, external banner, upcoming games empty belly posters, a World Cup Quiz kit and pint carriers. The Choose Your Colours Kit aims to help pubs take advantage of non-England games by encouraging promotions using Molson Coors’s portfolio of world beers including Mexico (Sol), Holland (Grolsch) and USA (Coors Light) items.
Drinking less beer and more water is usually a good diet plan -- unless you're the world's largest beer brewer. Instead, Anheuser-Busch InBev is planning to make more beer while reducing water use. Every liter it produced in 2007 required about five times as much water to produce it. Faced with growing water scarcity around the world and increasing pressure to cut consumption, the company plans by 2012 to ratchet down that ratio to 3.5 liters of water per liter of beer, a 30 percent reduction, it announced today. Already, it says, it's about halfway to that goal.
San Miguel Intends To Sell Brewery Stake To Kirin
San Miguel (SMC) has said that it is ready to sell its 51% stake in beer-manufacturing subsidiary San Miguel Brewery to Japanese partner Kirin Holdings (Kirin). However, no official offer from Kirin has been received.
Construction spurs expansion for Great Western Malting
The beer malt maker, a subsidiary of Australian grain handler Graincorp Malt, will hire 10 more people in the next two months to support the relocation of its North American headquarters from Omaha, Neb., to Vancouver, Jay Hamachek, director of North American business development for Great Western, told Port Commissioners on Tuesday. Two of those positions, in construction and environmental management, will help the company make way for a new rail access line that will cut through the heart of its facility.
China's malting barley imports could jump 50%
China's imports of malting barley may jump by up to 50% this year as its brewing industry – the world's biggest – returns to higher consumption rates after a push into low-alcohol beers aimed at women drinkers. The Canadian Wheat Board, one of the world's biggest sellers of the grain, has pegged China's malting barley imports at 1.6m-1.8m tonnes, compared with 1.2m tonnes last year.
Anheuser-Busch InBev, the world's largest brewer, said it faced a challenging start to 2010 because U.S. consumers were drinking less. The maker of Budweiser, Stella Artois and Becks unveiled mixed fourth-quarter earnings buoyed by a sharp rise in Brazil sales and said it expected to sell slightly more beer this year than last. But profit growth would be only a single-digit percentage in the first quarter before increasing through 2010.
SABMiller May Get Wold Cup Boost at Anheuser’s Expense
SABMiller Plc may sell 12 million more units of beer at this year’s soccer World Cup if it capitalizes on the decision by Anheuser-Busch InBev NV not to sell Budweiser at fan parks in the nine host cities. SABMiller, which dominates South Africa’s beer industry, began talks with FIFA after Anheuser-Busch said in January it wouldn’t supply the parks. SABMiller needs to conclude talks within about 10 days so that it can organize the transport and additional brewing capacity, Alastair Hewitt, the head of SABMiller’s World Cup strategy, said in an interview in Johannesburg yesterday.
Carlsberg UK signs brewing deals with rivals
Carlsberg UK has signed a deal with Marston’s that will see the Wolverhampton brewer produce Tetley’s cask ale after the closure of Carlsberg’s Leeds brewery next year. Carlsberg has also announced it has agreed a long term brewing partnership with Molson Coors which it said “will ensure that the majority of Tetley’s production will stay in Yorkshire”.
Carlsberg launches outdoor ad as part of World Cup push
The brewer, which is the official beer of the England Team, is launching the nationwide outdoor campaign, created by Billington Cartmell, today (1 March), coinciding with England’s friendly game against Egypt. It will run for two weeks across 48 sheets, Adshels and Phone boxes.
Anheuser-Busch InBev gets $17.2B for refinancing
Anheuser-Busch InBev said Friday it obtained $17.2 billion in long-term bank financing to refinance its $54 billion loan for the acquisition of Anheuser-Busch in 2008. The new financing consists of a $13 billion facility agreement that provides for an $8 billion, five-year revolving credit facility and a $5 billion, three-year term facility.
Tsingtao Brewery sees FY net up more than 75% from year earlier
Tsingtao Brewery Co. said its 2009 full year net income is estimated to have risen 75 percent to 85 percent compared with its profit in 2008. Tsingtao attributed the growth to improving its “brand integration” and product mix, strengthening management and cutting costs. These factors helped to increase production, sales and profit, according to the statement.
Heineken's Irish sales down 6.8%
Irish people drank less beer as the recession bit deeper last year, cutting sales and profits at multi-national brewer Heineken’s businesses in this country. The brewer said that in Ireland, the “severe effect of the recession meant beer consumption declined by high single digits”. The company said it increased its share of the Irish market. Volume sales were down 6.8 per cent, but still outperformed the market, allowing it to grow its share.
SABMiller moves its global procurement to Switzerland
SABMiller will relocate its global procurement arm to Zug in Switzerland. One of the most important reason for this decision is the better tax situation in Switzerland than in London.
Asia Pacific Breweries Q1 revenue up 10%
Asia Pacific Breweries (APB) has reported 10% increase in revenue for the first quarter ended 31 December 2009 compared to the same quarter last year due to stronger sales volume. Net profit for the quarter was SGD70.1m, an increase of 56% compared to same quarter previous year. Group profit before interest, tax and exceptional items (PBIT) recorded a significant gain of 50% or SGD43.7m to SGD131m.
SAB Miller withdrew brand over label concerns
SAB Miller stopped importing one of of its brands because it did not contain enough health and unit information. The global brewer said that is just how seriously it takes the voluntary labelling scheme. It re-iterated that all of its UK brands contain the five key elements agreed voluntarily with the Government — unit information, pregnancy advice, a message about responsible drinking, a logo and link for Drinkaware and the NHS recommended limits.
Anheuser-Busch InBev may refinance $13B in loans
AB InBev is in talks with banks to refinance $13B in loans. The deal could be one of the biggest syndicated loans in the US of the year.
Asia Pacific Breweries acquires stake in Grande Brasserie de Nouvelle C
Asia Pacific Breweries Limited (APB), a Singapore-based producer and marketer of beer, has acquired an 87.3% stake in Grande Brasserie de Nouvelle Caledonie S.A., a New Caledonia-based producer and distributor of beer, from Heineken International B.V. and Heineken Brouwerijen B.V.
Greencore to sell malt business for up to €116m
Greencore has signalled a further move away from its Irish business and an increasing focus on the UK and US convenience food markets with the announcement that it is to sell its malt business to French co-operative Axéréal Union De Coopératives Agricoles in a deal worth up to €116.25 million. The disposal, which had been flagged, will net the Irish-listed company €112 million upon completion, subject to a €5 million reduction for net debt and about €5.6 million to fund a pension deficit at its UK pension scheme.
SABMiller Expands in Bottled Water
SABMiller Plc said it acquired Rwenzori Bottled Water Ltd. of Uganda as part of a strategy to buy beverage businesses other than beer producers in Africa. Rwenzori, based in Kampala and named after a mountain range that lies between Uganda and the Democratic Republic of Congo, has a 70 percent share of the Ugandan bottled-water market and had sales of about $18 million in its last financial year.
Stella Artois returning to Lancashire brewery
The world-famous lager is to be produced at the giant Anheuser-Busch Inbev brewery in Samlesbury after a two-year absence. The kegging line is running again after being mothballed and 24 workers have been taken on to man it.
MillerCoors 4Q profits & sales drop
MillerCoors LLC saw fourth-quarter declines in both earnings and sales as volumes slipped across every brand category, the brewing joint venture's partners said Tuesday. MillerCoors, the, joint venture comprising the former Miller Brewing Co. of Milwaukee and the former Coors Brewing Co. of Golden, Colo., reported that net income for the quarter ended Dec. 31, 2009, increased to $102.2 million, up from $54.1 million in the same period the year before. Underlying net income, which excludes special items, including the costs of the June 30, 2008, integration of Miller and Coors, decreased 21.6 percent to $106.1 million compared with $135.3 million in the same period a year ago, co-owners SABMiller and Molson Coors Brewing Co. said.
Kirin says M&A very important for growth
Japanese beer maker Kirin Holdings said on Monday that mergers and acquisitions were very important to its growth strategy.
SABMiller Czech Unit Posts 1.9% Sales Volumes Fall For 2009
Plzensky Prazdroj AS, a Czech unit of SABMiller PLC, Monday said sales volumes dropped 1.9% on the year to 10.53 million hectoliters in 2009, largely due to a drop in sales in its domestic market and despite a rise in international sales.
San Miguel Brewery completes purchase of parent's overseas beer business
San Miguel Brewery Inc. (SMB) has completed the acquisition of the international beer business of its parent conglomerate San Miguel Corp. San Miguel, partly owned by Japan's Kirin Holdings, financed the acquistion by external debt for about $300 million.
PepsiCo Jordan launches new non-alcoholic malt drink BARIO
In line with its dedication to providing a wide array of products to the Jordanian consumer, PepsiCo-Jordan, the winner of the King Abdullah II Award for Excellence/Private Sector, announced the launch of 'BARIO', its new non-alcoholic malt drink. The unique beverage is being offered to the local market in four flavors; strawberry, lemon, apple and pineapple, and was launched under the slogan "Give in".
Heineken plans to close Czech Louny brewery
Dutch brewing giant Heineken has said that its planning to close its Louny Brewery in Czech Republic due to falling demand for beer in the country and the group's global strategy to cut costs. According to the company’s plans up to 59 staff from Heineken's 987-strong workforce in Czech Republic are set to lose their jobs following the move.
SABMiller wants to grow through acquistions in Latin America
SABMiller Plc, the world’s second- largest brewer, said there will be more opportunities to grow through acquisitions in Latin America after missing out on the beer unit of Fomento Economico Mexicano SAB. Losing the auction of the Mexican brewer to Heineken NV “is not the end of the world,” SABMiller’s Latin American President Barry Smith said today at a London seminar. “I still think there are acquisition opportunities in Latin America.”
SABMillers African Beers Workers To Join Strike March -Union
Workers at SABMiller PLC's (SAB.JO) beer division in South Africa will join striking colleagues at the soft drinks arm in a protest march to the company's Johannesburg head office tpday, their labor union said. The workers plan to hand over a memorandum to SABMiller Chief Executive Officer Graham Mackay calling on him to intervene in the wage strike at the Amalgamated Beverage Industries unit that began Dec. 22, the Food & Allied Workers' Union said.
SABMillers African Beers Workers To Join Strike March -Union
Workers at SABMiller PLC's (SAB.JO) beer division in South Africa will join striking colleagues at the soft drinks arm in a protest march to the company's Johannesburg head office tpday, their labor union said. The workers plan to hand over a memorandum to SABMiller Chief Executive Officer Graham Mackay calling on him to intervene in the wage strike at the Amalgamated Beverage Industries unit that began Dec. 22, the Food & Allied Workers' Union said.
Burger King to Sell Budweiser at a new Whopper Bar
Burger King announced last week that it is about to begin selling beer, an effort to better compete with casual dining restaurants. The burger giant will begin selling Anheuser-Busch and MillerCoors products at a new Whopper Bar opening next month in South Beach, Florida, the company's first U.S. location to sell beer. Beer will be sold in special aluminum bottles and cost $4.25. As part of a Whopper-beer combo, the total will be $7.99, roughly $2 more than the same combo meal with a fountain drink.
Carlsberg invests in Bulgarian business
Carlsberg Bulgaria, the local unit of the Danish brewery group, will acquire Blagoevgrad-based municipally-owned bread and bakery products maker Hlyab i Hlebni Izdelia, Blagoevgrad town hall said. The news was confirmed by Carlsberg Bulgaria executive director Alexander Grancharov, who said that a part of the new facility will accommodate new production lines and warehouses, but the plans have not been finalised yet.
AB Inbev production had come to a complete halt
Belgian workers have blocked the entrances to the company's large plants in Leuven and Liege for 13 days and for a week at Hoegaarden in protest at AB InBev's plan to shed a net 263 of its 2,700 Belgian workforce. Two mediation attempts have failed to break the deadlock. Today the production came to a total standstill.
SABMiller Volumes Stop Falling on Latin America, China Strength
SABMiller Plc, the world’s second- biggest brewer, said beer volumes stopped falling in the third quarter as the economy improved in Colombia and sales growth continued in China and Africa. Volumes, stripping out acquisitions and disposals, were unchanged in the quarter, the London-based company said in a statement today.
AB InBev talks to unions fail - blockade continues
Talks to resolve a blockade of Belgian breweries by workers of Anheuser-Busch InBev have failed, and the protests are set to continue into a second week. The beer-making giant held mediated talks with union representatives on Thursday, but with both sides sticking to their position, no result was achieved.
Anheuser-Busch launches Low-Calorie Beer in the US
Anheuser-Busch announced earlier this week that its low-calorie beer, Select 55, will launch nationwide February 1. Tested since last August in 14 cities, the premium light, American-style lager is brewed with caramel malts and a blend of imported and domestic hopping, offering a crisp, clean finish.
Carsberg Group strengths positions around Kazakhstan
Baltika Breweries, one of the leading breweries in Russia owned by Carsberg Group, signed a license agreement with Kazakh brewery Derbes (also owned by Carsberg) to use its trademarks, as well as know-how and technologies for the production of Baltika’s flagship beer brands "Baltika" and "Neva" in the territory of the Republic of Kazakhstan. The agreement is valid until the end of 2029.
Vietnam beer market to increase by 15% this year
Vietnamese beer producers will sell about 2.7 billion litres beer in 2010 to meet the rising demands of local consumers. According to an estimate by the Sai Gon Alcohol, Beer and Beverage Corporation (Sabeco). Sabeco, which currently accounts for roughly 35 per cent of domestic market share, also anticipated that the consumption of beer in the domestic market would have a growth rate of roughly 15 per cent in 2010 and in the next few years.
AB InBev may sell stake in Crown Beers
AB InBev, which is exploring an exit or a significant stake sale, is seeking a valuation of $30M for the brewery. AB InBev NV may consider sale of shares in its brewery Crown Beers India Pvt Ltd.
Heineken buys FEMSA Beer Unit for $7.7 Billion
Heineken NV agreed to buy the beer division of Fomento Economico Mexicano SAB (FEMSA)in an all-stock deal valued at 5.3 billion euros ($7.7 billion) to tap faster sales growth in Latin America. The Amsterdam-based brewer will issue new shares to give Femsa a 20 percent stake in Heineken Group. The acquisition gives Heineken one of only two beer makers in Mexico, the world’s fourth-most profitable market, and reduces the company’s reliance on slower-growing European markets.
Heineken close to buy the beer business of Femsa
Heineken NV is near on a deal to buy the beer business of Femsa for about US$8 billion, people familiar with the matter said, in what would be a surprise finish to the auction of the Mexican beer maker and continue a wave of consolidation in the industry.
Anheuser-Busch InBev to cut jobs in Europe
Anheuser-Busch InBev plans to cut up to 800 jobs across western Europe, or about 10 percent of its 8,000 workers there. Employees in Belgium, Germany, the United Kingdom, France, the Netherlands and Luxembourg are affected.
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Philippines San Miguel to buy subsidiary`s overseas beer unit
San Miguel Corporation (SMC) and San Miguel Brewery Inc. (SMB) announced that the Philippine beer subsidiary, a joint venture partnership with Kirin Holdings Company, Limited (TSE:2503), has signed a share purchase agreement with the parent company to acquire SMC's international beer business subsidiary, San Miguel Brewing International Limited (SMBIL).
SABMiller to Invest U.S.$16 Million in New Malting Plant in Uganda
Global brewer, SABMiller plc is to invest $16 million in a malting plant in Uganda next year, following a successful bid to convert locally grown barley into brewing malt.
grain handler and trader Graincorp expects to earn between $180 million and $210m next year, according to its initial earnings guidance. Recently purchased United Malt Holdings -- which was renamed Graincorp Malt -- is expected to contribute $100m- $120m to group EBITDA. Announcing annual results last month, managing director Mark Irwin said he expected half the company's future earnings to come from value-adding to barley and wheat.
Carlsberg’s Baltika recognized as best-selling brand in Russia in 2009
Baltika, Russia’s one of the largest beer brands owned by Carlsberg Group recognized as best-selling premium brand in the country since the beginning of the current year. According to initial estimates the total Baltika’s sales in Russia this year has amounted to 76,8 billion rubles ($USD 2,55 billion), suggests a new market research.
Guiness brewery in Dublin in fire
A fire at Dublin's famed Guinness brewery badly damaged a storage building Monday and left two firefighters hospitalized with respiratory problems, emergency officials said.
Carlsberg announces expansion plans
Brewing giant Carlsberg has revealed how it plans to expand its Northampton brewery, following the decision to close its Leeds site. The Danish firm announced in November last year that it planned to close its Leeds brewery and confirmed the decision earlier this month.
SABMiller to build $16m malting plant in Uganda
SABMiller's Ugandan subsidiary, Nile Breweries Ltd, is to build a malting plant on the back of a successful initiative to convert locally grown barley into brewing malt. Construction will start in January 2010 on Nile Breweries' existing site in Jinja, and is expected to be completed towards the end of the year.
Coors Light starts distribution in Trinidad & Tobago
Last Monday Molson Coors Brewing Co. announced that it will start selling its brand Coors Light in Trinidad & Tobago. Trinidad & Tobago will be the tenth country within Carribean where Coors Light is sold.
Sapporo to enter Vietnam beer market
Japan's Sapporo Holdings said on Thursday it would enter the Vietnamese market by taking a 65 percent stake in a beer joint venture with Vietnam National Tobacco Corp to tap its fast-growing market. It marks the first major overseas expansion in three years by Sapporo, the smallest of Japan's four major brewers, as bigger rivals Kirin and Suntory have been aggressively snapping up overseas businesses to grow beyond a shrinking domestic market.
Carlsberg may invest $40 million in construction of new brewing plant in Ukraine
Danish beer giant Carlsberg is considering the possibility to construct a new plant in Ukraine in the Kharkiv region, according to general director of the Russian investment group "Melon" Sergei Pirozhnikov.
Asahi to rebrand as upscale beer in Cambodia
Asahi, one of Japan’s leading brewers, said it will raise its beer prices in Cambodia to match with its international market positioning. ASAHI Breweries Ltd plans to reposition its flagship beer brand in the Cambodian market as a premium quality beverage to take advantage of increasing domestic demand for premium beer.
Heineken’s CEO predicts consolidation of global beer market
Nearly a quarter of the beer market is expected to consolidate in the near future, according to CEO of Dutch brewing company Heineken Jean-Francois van Boxmeer. He also added that Heineken will also take part in that process.
Bulgaria Kamenitza, AB InBev Breweries Sale Completed
Anheuser-Busch InBev (ABI.BT) announced on Wednesday it has completed the sale of its operations in Central Europe and the Balkans to private-equity firm CVC Capital Partners. The deal is valued at USD 2.23 B in cash, bonds and minority shares.
"SAPPORO Space Barley" Beer Is Launched Onto The Market
Sapporo Breweries Ltd. is launching sales of the world's first beer produced using malt made 100% from "space barley," the progenies of spaceflight barley seeds, This limited offer is exclusive to the Internet and proceeds will go to charity. Applications to purchase the beer, which is dubbed "SAPPORO Space Barley," can be made from December 3 (Thu), 2009 on the dedicated web page set up on our company's website. Two hundred and fifty successful customers will be selected from among the applicants by lottery.
Carlsberg cuts 4 brands in Germany
Carlsberg cuts 4 brands in Germany and aims to focus on the northern part of Germany. The Danish company will scrap Feldschloesschen, Grenzquell, Lüneburger and Moravia out of its 27 brands in Germany.
SABMiller looking to expand brand portfolio
SABMiller is considering expanding its range of UK brands by launching one of its 200 global premium beers in a bid to boost market share. The brewer said it is currently conducting research with retailers and consumers to assess which of its global beers could be successfully introduced in the UK.
Heineken invested 170 million euros in Russian beer plant
Heineken has invested more than 170 million euros in the expansion and modernization of its Russian "Volga" brewery plant located in the city of Nizhny Novgorod, local media reports. The production capacity of the plant has increased to more than 50 million decalitres of beer per year. The modernization has allowed Heineken to transfer to Nizhny Novgorod some of its premium beer brands, which previously were produced at the capacities of "Heineken Brewery" plant in St. Petersburg, such as “Heineken» and «Amstel».
Stella Artois launches online video series
Stella Artois, the InBev-owned lager, has launched an online TV show to promote its green credentials. The Recyclage de Luxe series will be broadcast from the Stella Artois YouTube page and follows the style of its recent advertising activity with a continental 1960s theme.
Molson Coors Launches M, the World's Only Microcarbonated(TM) Lager
Molson Coors launches Molson M, the world's only Microcarbonated(TM) lager beer. Created in Montreal, Molson M is a revolution in brewing. This one-of-a-kind beer is brewed using Molson Coors' innovative microcarbonization process. This revolutionary process, unique to Molson M, results in a genuine, premium quality lager with 4.9% alcohol/volume with a taste that goes down well!
Dolf Van den Brink (36) was announced as the new US CEO of Heineken. He is the third U.S. chief executive officer in about two years for Heineken.
Carlsberg finally launches female friendly Eve drink
Carlsberg’s female friendly drink Eve will get a full on-trade UK launch in April 2010, following successful trials in Manchester. Eve is a light, fruity, sparkling alcoholic drink that is low in alcohol and calories at just 3.1% abv and 123 calories per 250ml bottle. It comes in two flavours, passion fruit or lychee, and it is brewed in the same way as a lager.
Tsingtao Brewery to consolidate cooperation with Asahi Breweries
Tsingtao Brewery Co, China's second-largest beer brewer, and Japanese alcoholic beverage producer Asahi Breweries Ltd announced on a a news conference in Tokyo that they consolidate their cooperation. Tsingtao Brewery will share more than 50 production plants and its sales network to help Asahi Breweries promote its brand. Meanwhile, Tsingtao Brewery will be able to use Asahi Breweries' production facilities in China to improve its production efficiency.
Heineken UK unveils two biomass plants
Heineken UK launched a new biomass plants at Royal Brewery in Manchester. The beer and cider company has also installed a second plant at John Smith's Brewery in Tadcaster. The investment in the two 4.7MW plants stands at around £35 million, which it claims makes it one of the largest single investments in renewable technology by a non-utility company in the UK.
SABMiller: First half year earnings increase higher than expected
SABMiller PLC posted a 6% rise in adjusted first-half earnings today and said that while tough trading conditions will continue in the second half of the year it should benefit from easing currency and cost pressures.
Philippines: San Miguel Brewery to put up new 20 million US$ bottling plant
San Miguel Brewery Inc. (SMB), the flagship unit of diversifying conglomerate San Miguel Corp., is spending around 20 million US$ to put up a new bottling plant in line with an ongoing expansion program to further spur sales.
Heineken looking for a new ad agency
Scottish & Newcastle UK, owned by Heineken, is looking for a new advertising agency to launch its Strongbow Gold cider in international markets.
Anheuser-Busch InBev NV might spend U$7 billion to buy Corona
Anheuser-Busch InBev NV, the world's largest beer brewer, has plans to buy Mexican beer Corona as the next takeover target in an attempt to repeat the formula to grow income through cost-containment in a stagnant market.
Asia Pacific Breweries Posts Record Profit of S$172.4 million
Compared with FY2008, attributable net profit after exceptional items (ANP) registered a record S$172.4 million, an increase of S$48.6 million or 39%, due to an improvement in attributable net profit before exceptional items (APBE) of 20% or S$26 million to S$158 million. Another factor that contributed to the higher ANP is an exceptional gain of S$14.4 million from a compensation fee derived from the termination of a business development project as well as the sale of Liquorland Limited, a chain of liquor retail stores in New Zealand. Excluding APB's share of an impairment charge#on Kingway Brewery Holdings Ltd (Kingway) recorded in FY2008, translation differences and gestation losses*, organic APBE increased 6%.
AB InBev Profit Growth Slows as U.S. & Russia Beer Sales Drop
Anheuser-Busch InBev NV, the world’s largest brewer, reported slowing third-quarter profit growth after cost cuts failed to offset declining beer sales in markets from the U.S. to Europe.
Carlsberg Elephant Beer celebrates 50 years
November 2009 marks the anniversary of the Carlsberg Elephant Beer. Fifty years after its creation, Carlsberg Elephant is a true Carlsberg classic and some might even call it a design icon.
Heineken increases its beer volumes in UK
Heineken has reported its beer volumes are improving in the UK market and it has increased its market share in beer and cider to around 29%.
Tanzania Breweries Limited invests $62m in new plant
Tanzania Breweries Limited (TBL) has announced an expenditure of about US $62 million (Tsh 82 billion) for the construction of a modern facility which is set to boost production capacity by 22 percent. The construction of TBL's modern facility in Mbeya will make this Tanzania's fourth SAB Miller factory. SAB Miller is now ranked second among the largest beer producers in the world. Other plants owned by SAB Miller, a South African company, which are operated by its local subsidiary Tanzania Breweries Ltd, are located in the lake zones of Mwanza and Arusha. The main plant is located in Dar es Salaam.
GrainCorp raises $600m for malt purchase
GrainCorp has completed a $600 million capital raising to fund its purchase of the world's fourth largest malt manufacturer, United Malt Holdings. A book-build for retail clients finished on Thursday with new shares priced at $6.50 each.
MillerCoors notes a 37% higher profit
MillerCoors LLC Wednesday reported a 37 percent increase in third-quarter profit as the joint venture trimmed costs and grew revenue modestly.
Carlsberg buys rest of Vietnamese Hue Brewery
Danish brewer Carlsberg said on Wednesday it would buy the half of Vietnamese Hue Brewery that it does not already own to boost its position in the Vietnam beer market.
Carlsberg quarterly net profit up 22%
Danish beer maker Carlsberg said Wednesday that third-quarter net attributable profit rose to 1.49 billion Danish kroner ($295 million), from 1.2 billion kroner last year. Revenue declined to 16.4 billion kroner, from 18.4 billion kroner at the same point a year ago. Beer volumes increased by 6% to 88.9 million hectoliters.
Tsingtao net profit jumped 93 percent in the third quarter
Tsingtao Brewery, China's best known beer brand, said on Thursday its net profit jumped 93 percent in the third quarter, as barley costs remained soft and the country's beer consumption continued to recover. Analysts had been expecting Tsingtao, which competes with Heineken, Carlsberg, Kingway Brewery, and Snow Beer brands, to post strong growth in earnings due to the lower price for barley.
Obolon and Slavutich Carlsberg Group to resume beer exports to Belarus
The largest Ukrainian breweries Obolon and Slavutich Carlsberg Group will resume beer exports to Belarus, according to Ukrainian media. Currently both companies account for nearly 90% of the total Ukrainian beer exports to Belarus. All the, shipments were halted in the middle August due to problems with the Belarusian beer distributor"Aramis and K" Company.
Trouble is coming up for the Russian beer industry
Alcohol abuse has long been a chronic problem of Russian society. And the government has now decided to step up its campaign to tackle the issue by proposing to increase the excise duty on beer by a whopping 200 per cent next year, and by a further 10 per cent and 20 per cent in 2011 and 2012 respectively.
SABMiller spends $370m in Africa
This year SABMiller Plc is investing $370 million in Africa in its beer and bottled water business to tap into growth in the continent which has been less hit than other areas by the global downturn. Next year $200m will follow.
Scottish and Newcastle Extends RFID Beer Keg Tracking Solution
InteliTap Limited today announced that Scottish and Newcastle would be upgrading their existing keg tracking solution and enhancing its agreement with brewing supply chain experts InteliTap. The tracking and management offering has been constantly improved and evolved by InteliTap (intelitap.com) not only in technology terms, but also as regards the critical supply chain information for an entire industry that they have captured, analysed and applied successfully for nearly 8 years.
Kirin closes two production plants in Japan
Kirin Holdings Co., the Japanese brewer in talks to merge with Suntory Holdings Ltd., will end production at two domestic breweries as beer sales decline. The Tochigi and Hokuriku plants will close after the peak production period in 2010, Kirin said in a statement today.
Heineken still in talks to buy Femsa
Dutch brewer Heineken has held discussions to buy the brewing operations of Mexican conglomerate Femsa, the Financial Times reported.
Carlsberg to launch new beer brand in Bulgaria
Carlsberg Bulgaria has officially introduced its new branded dark beer called "Shumensky Тemno”. The product will appear in the local market in early November in PET bottles with 0,5 and 2 litres volume. The new drink, according to the company, will be positioned for the middle-price segment of the market. At the same the company will suspend the production of another drink of the same line "Shumensky Cherveno" due to the low demand for the product.
Chinese private equity Giant Buys into Tsingtao Brewery
A securities investment allocation trust established by China Resources SZITIC Trust Co., Ltd. on September 2 recently bought into Tsingtao Brewery Co. Ltd., according to the largest Chinese beer maker. Ended October 12, the trust, one of the largest private equities (PEs) in China, had held 8.09 million shares in Tsingtao Brewery, ranking the seventh among all the tradable share holders of the brewer.
SABMiller sales went down in first half of 2009
SABMiller has reported that lager volumes for the first six months ended September 30, 2009, on an organic basis, declined by 1% compared to the prior year, while soft drinks volumes were 1% ahead.
SABMiller's a-brewing in Mexico
Brewing giant SABMiller is in talks with the family shareholders of Femsa Cerveza about an equity stake in an enlarged group, a move that would give it a strong lead in the race for the Mexican brewer.
Anheuser-Busch InBev to sell central European
Anheuser-Busch InBev NV (ABI) has signed a definitive agreement to sell its central European operations to CVC Capital Partners Group SICAV-FIS S.A., a UK-based private equity firm, for an enterprise value of approximately $2,231 million and additional rights to a future payment estimated to be as much as $800 million contingent on CVC's return on its initial investment.
Anheuser-Busch Inbev, PepsiCo To Make Joint Purchases In US
Beer maker Anheuser-Busch Inbev NV and food and beverage company PepsiCo Inc. agreed to jointly purchase goods and services for their U.S. operations to get more competitive prices.
The purchases may include information-technology hardware, office supplies, travel services, transportation, and maintenance, repair and operating supplies.
Tsingtao Reports Strong Jump In Profit
Tsingtao Brewery, China's largest beer maker, has said its net profit for the January-September period rose an estimated 75-85% year-on-year, based on Chinese accounting standards, without giving any specific figures.
Carlsberg commits to cask with new Christmas beer
Carlsberg UK is claiming that its launch of a special edition Christmas cask beer signals its long-term commitment to the cask version of Tetley’s. Tetley’s Northern Cracker is now available to the on-trade nationally.
Carlsberg gets cracking on fifth India brewery
It’s the Nordic leap of faith in India’s beer story. Carlsberg has started work on its fifth brewery in the country, signalling the
fastest ramp-up by any international brewer in the local market. The $20-million plus brewery will come up in Andhra Pradesh with monthly capacity of half-a-million cases.
Anheuser-Busch InBev to sell parks for up to $2.7 billion
Anheuser-Busch InBev said Wednesday that it plans to sell its 10 amusement parks to The Blackstone Group, the world’s largest private-equity firm, for up to $2.7 billion. Under the terms of the agreement, Blackstone will acquire Anheuser-Busch InBev's subsidiary, Busch Entertainment Corp., the second-largest entertainment park operator in the United States with 25 million annual visitors. Wednesday's announcement caps weeks of speculation about Blackstone buying the brewer's theme parks.
GrainCorp Buys United Malt For $655M
GrainCorp will acquire United Malt Holdings (UMH) of the U.S. for $655 million, Financial Times reports. The Australian grain storage and handling group purchased the world’s fourth largest commercial malt producer from buy-out firms, Champ Private Equity and Castle Harlan.
Anheuser-Busch introduces wheat beer US-wide
Anheuser-Busch rolled out Bud Light Golden Wheat US-wide Monday in an effort to tap into the surge in popularity of sweeter beers and wheat beers from craft brewers. Bud Light Golden Wheat marks the third brand extension under the Bud Light name following launches of Bud Light Chelada and Bud Light Lime in 2008.
Carlsberg eyes bigger slice of smaller Russian market
Danish brewer Carlsberg could grow its Russian beer market share if a tax increase proposed by the Russian government takes effect, but the overall Russian beer market would shrink, Carlsberg's chief executive said. 'This would be bad for the total market but we should be able to take market share,' CEO Jorgen Rasmussen told Reuters by telephone.
Radeberger buys 70 percent stake in Bionade
Radeberger, Germany's largest privately owned brewery group, has bought a 70 percent stake in German organic soda drink maker Bionade for an undisclosed sum, setting the stage for a move into international markets.
Femsa in talks with SAB and Heineken over unit
Femsa, the Latin American beverage group, is in talks to sell its beer business to either SABMiller or Heineken as it looks to shed brands such as Dos Equis and Sol and focus instead on its Coca-Cola operations. The Mexican company hired Rothschild, the investment bank, months ago to consider its options for the beer unit, and the families that control Femsa appear more willing to entertain a sale of the business than they have in the past, say people close to the matter.
Ball pays $577 million for 4 Anheuser Busch plants
Plastic and metal packaging company Ball Corp. has completed its acquisition of four Anheuser-Busch InBev plants for $577 million, the two companies said Thursday.
Coors Light taps into Costa Rica
Coors Light is on its way to Costa Rica. The Golden, Colorado-based beer with the slogan “Tap the Rockies” has officially tapped into the Costa Rican beer market, the U.S. company said last week. Molson Coors Brewing Company announced that it is teaming with distributor Agencias Feduro, based in San José, and will begin to sell the “silver bullet,” a nickname for the silver Coors Light can, in upcoming weeks.
Lion Nathan announces new National Foods MD
The Managing Director of Lion Nathan Australia, Andrew Reeves, is set to take the position of MD of dairy and juice group National Foods. Last week Ashley Waugh, the current Managing Director of National Foods, announced his intention to move on from the firm.
Great Western Malting taps into craft beer market
Great Western Malting Co. is brewing up a business expansion at the Port of Vancouver. After searching for production sites from Salem, Ore. to Ridgefield, the beer malt company settled on space at the port for a third location for Country Malt, a subsidiary that supplies craft brewers from similar facilities in New York and Chicago.
Inbev Romania idles production of Blaj plant
As of October 1, the activity of the brewer’s bottling plant in Blaj will be suspended by the end of March 2010. The 110 workers of the plant, mainly those in production, will take temporary layoff. The plant has a headcount of almost 200.
Vietnam: Carlsberg to raise stake in Habeco
Denmark-based brewery Carlsberg is planning to increase its stake in domestic company Ha Noi Beer Alcohol and Beverage Co (Habeco) from 16 per cent to 30 per cent.
World's largest beer festival Oktoberfest begins in Germany
Germany's 176th Oktoberfest is underway, with six-million visitors from around the world, expected at the 16-day beer festival. Today Oktoberfest opened its doors. It will take place in Munich until the October 4.
Lion investors approve Kirin buyout
IT was last drinks for Lion Nathan yesterday as shareholders overwhelmingly approved a a $3.5 billion buyout by the biggest stakeholder, Japanese brewing giant Kirin. Lion Nathan will be merged with Kirin's Australian dairy products, food and juice business, National Foods, and become a $7.5bn arm of Kirin, known as Lion Nathan National Foods, under Lion chief Rob Murray.
Suntory shows interest for Orangina
Japan's third-biggest brewer Suntory is in talks about buying the Orangina soft drinks business from its private equity owners, Blackstone and Lion Capital.
Carlsberg and The FA agree new sponsorship deal
Brewer Carlsbery UK and The Football Association have agreed a four-year extension to their sponsorship deal, which will take the partnership to 19 years.
SABMiller got a brewing licence for Namibia
It took 10 years for SABMiller to get the licence to brew beer in Namibia. Now SABMiller can compete with Diageo.
BEST Special malts from BESTMALZ / New malt roasting house
Individually brewed beers reflect the individuality of breweries and the diversity of beer. Many beer specialities increasingly use special malts. As a result of this trend we have decided to build a malt roasting house in addition to the new logistics centre. The new plant will be used to produce many different special malts in small and large batches. Caramel and roasted malts in particular can be produced and supplied with a colour spectrum ranging from 7 to 1,500 EBC (3 to 550 Lovibond) in line with specific customer wishes.
U.S.: More breweries than any other country
The Brewers Association, the trade association representing the majority of U.S. brewing companies, reports that the U.S. now boasts 1,525 breweries. 30 years ago there were less than 100 breweries registered in the United States.
San Miguel: Five-fold net profit jump on asset sales
The Philippines' San Miguel Corp said on Tuesday its net income surged five-fold in the second quarter from a year ago, boosted mainly by the sale of a more than 43-percent stake in its flagship brewery arm.
AB InBev sells Scotland's Tennent's lager to C&C
Anheuser-Busch InBev will sell its Scottish and Irish Tennent's Lager units to Ireland's C&C group plc for 180 million pounds (US$292 million).
Bud drinkers to create Chinese New Year ad
Anheuser-Busch InBev has invited consumers to pitch ideas for a Bud TV spot that will run during the Chinese New Year in February 2010, Advertising Age reported Wednesday.
Anheuser-Busch Plans to Raise Most U.S. Beer Prices
Anheuser-Busch InBev NV, the world’s largest brewer, plans to raise prices for most of its U.S. beer to blunt higher costs. The plan has met with “general acceptance” from retailers, Anheuser-Busch, the maker of Budweiser beer, said today in an e-mailed statement. It confirmed an earlier report by the Wall Street Journal.
Grolsch takes off onboard British Airways
Passengers flying with British Airways will be able to enjoy Grolsch while they travel, following a deal to serve the Dutch lager onboard BA aircraft. The three-year distribution and marketing deal will also see SABMiller-owned Grolsch listed in BA’s premium lounges, including the new state-of-the-art facilities in London Heathrow Terminal 5.
Heineken profit up 20 per cent in first half of 2009
Dutch brewer Heineken NV reported a 20 per cent increase in net profit for the first half of 2009 after booking a one-time gain on the repurchase of distressed debt at one of its subsidiaries. The net profit was US$700 million.
Foster’s anounces 2nd-Half Profit on Beer
Foster’s Group Ltd., Australia’s biggest brewer, turned to profit in the second half after winning sales on new beers and making smaller writedowns.
Carlsberg picks Manchester to trial Eve in £500k push
The discerning female imbibers of Greater Manchester have been chosen as the (no doubt willing) guinea pigs for a new product test by drinks giant Carlsberg. The firm is looking to use the city area as a test bed for its Eve alcoholic drink - a low calorie beverage in either passion fruit or lychee flavour.
Suntory to launch Japan’s third non-alcoholic beer
Japan’s Suntory Liquors Ltd, a subsidiary of Suntory Ltd, has announced the upcoming late September launch of a non-alcoholic drink that will taste similar to its existing Suntory Fine Zero beer.
Craft breweries going strong in slow economy
Despite the ongoing recession, people are still willing to invest in craft beer as indicated by a new report released by the Brewers association, and local craft breweries are no exception.
Anheuser-Busch InBev makes rises more than 10%
Anheuser-Busch InBev on Wednesday said second quarter profit rose 13 percent to $1.1 billion, helped by sales of stakes in brewing companies, but cautioned that the recession was flattening beer consumption in key markets worldwide.
Global beer production rises 1.2%
Brewers in major countries produced 181.10 million kiloliters of beer in 2008, up 1.2% from the previous year and an all-time high, Kirin Holdings Co said Tuesday. China retained its position as the world’s largest beer producer for the seventh straight year, with its output topping 40 million kl for the first time at 41.03 million kl, up 5.5%. The United States and Russia came second and third, respectively, with 23.01 million kl and 11.40 million kl.
Anheuser-Busch plans big launch for Bud Light Golden Wheat
It appears that Anheuser-Busch is planning a large launch for the latest spin-off of Bud Light. Teasers for the new brand will break over Labor Day weekend, A-B president Dave Peacock wrote in a memo to wholesalers and salespeople. A-B has lined up major media properties. The music segment on Jimmy Kimmel Live will be owned by Bud Light Golden Wheat, and Anheuser-Busch will be “exploring other impactful ideas to seed the brand with consumers,” Peacock wrote.
SABMiller Invests $100 Million in Zambian Unit
SABMiller Plc, the world’s second- largest brewer, will double production capacity at its Zambian operations by the end of 2009 after spending $100 million over two years refurbishing its plants in the country.
Carlsberg to end sponsorship deal with Liverpool
After more than a decade of support, Carlsberg may be ready to abandon its sponsorship deal with English Liverpool.
Kirin Group Plans To Merge Lion Nathan With Its National Foods Dairy Business
Japan-based Lion Nathan, a brewer company, would transform into one of Australia’s food and beverage groups, succeeding the takeover by Kirin Group. Kirin Group's Australian operations would be renamed Lion Nathan National Foods, provided shareholders of brewer Lion Nathan accept their takeover proposal.
Tsingtao’s First-Half Net Rises 68% as Costs Fall
Tsingtao Brewery Co., China’s second- biggest beer maker by volume, said first-half profit rose 68 percent as the declining price of barley cut manufacturing costs.
Carlsberg Profit Rises 37% on Bigger Cost-Cuts After S&N Deal
Carlsberg A/S, the Danish brewer of Tuborg and Baltika beer, rose in Copenhagen trading after beating analysts’ profit estimates on higher beer prices and improved profitability in Russia, its biggest market.
Molson Coors 2Q Profit More Than Doubles
MillerCoors, the venture between SABMiller and Molson Coors that sells Miller and Coors in the U.S., said its second-quarter profit rose to $304.9 million from $174.6 million, helped by fewer charges and a year-earlier loss on the sale of a company-owned distributorship.
Russia: SABMiller beer sales fall 9 percent
Brewing giant SABMiller saw sales of its beer in Russia fall 9% by volume in the second quarter of 2009 compared to the same period of 2008, the company said in a press release.
Is Coca-Cola buying Germany's Bionade
US soft drink giant Coca-Cola is eyeing a takeover of the pioneering German healthy soft drink label Bionade, according to a report in Handelsblatt on Friday.
Asahi Breweries Profit Rises 17%
Asahi Breweries Ltd., Japan’s top- selling beermaker, said first-half profit rose 17 percent, helped by the sale of a stake in a Chinese beverage venture. Net income was 22.1 billion yen ($232 million) for the six months ended June 30 from 18.9 billion yen a year earlier, the company said in a statement today. Sales gained 0.6 percent to 670 billion yen.
Carlsberg Malaysia To Buy Singapore Ops
Carlsberg Malaysia has announced that it has offered to buy the Carlsberg Singapore unit, in a deal worth 370m ringgit ($105.5m) in cash. The company said it expects to complete the purchase by 1 November.
Austrua: Ottakringer and Vöslauer to unite
Beer maker Ottakringer Brauerei AG and mineral water producer Vöslauer AG are to merge, the family brewery chief Sigi Menz announced.
Warsteiner Reinforces Brand Strategy with New Product Design
Warsteiner, the core brand of the Warsteiner Group, is pleased to announce the highly anticipated debut of its new product designs, available on the complete Warsteiner product line including bottle labels, cans and packaging materials, beginning this August.
SAB Miller aiming for beer with longer shelf life
Producing beer with a longer shelf life is one of the possibilities that will be investigated at a £2m research facility commissioned by SAB Miller. Announcing that a pilot brewery will be built within Nottingham University’s School of Biosciences, SAB Miller this week claimed the project would allow the global brewer to “push the boundaries of conventional brewing technology”.
MillerCoors Tests a Draft-Beer Box for the Fridge
MillerCoors LLC has begun testing the sale of $20 draft-beer systems for consumers to drink at home, part of a string of new products and package innovation from beer giants grappling for market share in a crowded, slow-growing industry.
German beer consumption declines by approx. 5%
The Veltins company said it believed German beer consumption declined more than 5 per cent in annual terms in the first half of the year, with higher-priced brands like its own worst affected. Michael Weiss, vice president of the Federation of German Brewers, said it was the worst decline in the industry's modern history. The Czech Republic overtook Germany in per-capita beer consumption years ago.
AB Inbev units draw just one bid
Anheuser-Busch InBev, the world’s largest brewer, has received only one bid for its central and eastern European operations from CVC Capital Partners, the private equity group, throwing the auction into doubt. Kohlberg Kravis Roberts and TPG, the US private equity groups, had expressed interest in the assets, which include 11 breweries in Bulgaria, Romania, the Czech Republic, Hungary, Croatia, Serbia and Montenegro.
SABMiller announces target to reduce emissions by 50%
SABMiller, one of the world's leading brewers, announced that by 2020 it will reduce fossil fuel emissions from its beers by 50 percent per liter of beer produced.
MillerCoors Recycles 98% of All Brewery Waste
Moving towards zero waste operations, MillerCoors has reused or recycled 98 percent of all brewery waste, including glass, paperboard, plastics, metals and byproducts, according to its 2009 Sustainable Development Report.
SABMiller invest $125m to build new Angolan plant
SABMiller planned to invest $125 million (R1bn) in a new brewery and soft-drink factory in Angola, the brewer said on Friday. The facility would produce 500 000 hectolitres of beer and 200 000 hectolitres of soft drinks annually, said Samuel Jeronimo, the manager of the company's Angolan unit.
First Namibian microbrewery opens
In its dire quest to meet diverse tastes of the ever-budding beer consumers in Namibia, a first microbrewery that caters for unique individual tastes, slid its doors open in Windhoek last week Wednesday.
SABMiller Cuts Growth Targets For The European Beer Volume
SABMiller Plc, the world’s second- biggest brewer, cut its forecast for European sales growth. European beer sales by volume will increase 2 to 4 percent in the years through 2013, less than a previous forecast of 4 to 6 percent growth, SABMiller executives said today at an investor briefing in London, where the brewer is based.
KKR sells stake in Korean Oriental Brewery to Affinity
Kohlberg Kravis Roberts & Co KKR.UL has reached a deal to sell half of the equity in Korean Oriental Brewery, which it agreed to buy for $1.8 billion, to Affinity Equity Partners.
Heineken announces Stefan Orlowski to lead UK business
In his new role, Stefan will report to Didier Debrosse, Regional President, Western Europe, and will join the Western Europe management team.
SAB Miller Targets 25% Reduction in Water Used in Brewing
By 2015, SAB Miller, which markets more than 200 brands of beer and is the world’s largest bottler of Coca-Cola products, hopes to reduce by 25 percent the amount of water used to brew each hectoliter of beer.
Sapporo Breweries to launch Yebisu Stout Creamy Top
Sapporo Breweries has announced that it will launch a new variety of stout next month, following the loss of its exclusive distribution rights for Guinness.
Carlsberg sells Braunschweig Brewery in Germany to Oettinger Brauerei
Carlsberg Deutschland has announced the sale of the brewery in Braunschweig to Oettinger Brauerei GmbH effective as of 1 August 2009. Oettinger acquires the brewery with all production employees (approximately 150), all related assets as well as a number of discount and private label brands.
MillerCoors opens its $21.8M headquarters in Chicago
MillerCoors LLC officially opened its headquarters in Chicago Friday in a project estimated by Chicago Mayor Richard Daley's office to cost $21.8 million. The new headquarters, at 250 S. Wacker Drive, for the joint venture that combines Milwaukee's Miller Brewing Co. and Colorado's Coors Brewing Co. will bring 325 jobs to Chicago, according to a Daley press release.
MillerCoors scores 98% recycling rate
MillerCoors re-used or recycled 98 percent of all brewery waste — including glass, plastics and byproducts — according to a 2008 sustainability report the brewing company released Monday.
ABB Grain Ltd is expanding in Australia
ABB Grain Ltd will start work next month on a new malt house and grains packing facility in Sydney's outer western suburbs. The grain packing facility is scheduled for completion in July next year and the malt house will start receiving barley for malting in the first quarter of 2011.
SABMiller will reduce fossil fuel emissions from its beers by 50% per litre of beer produced by 2020, it said on Friday.
Kirin Completes Sale Of Pernod Ricard For EUR 378m
Le Delos InvestIII, a wholly-owned subsidiary of Societe Paul Ricard, buys Kirin stake in Pernod Ricard. The 3.74% stake has a value of approximately EUR378m.
Heineken in Talks for a South African maltery
Heineken NV, the world's third-largest brewer, is in talks with South African investors who will build a barley-malting facility at its new brewery in South Africa and a deal is expected soon, a company official said on Tuesday.
Heineken In Talks To Merge Two Czech Subsidiaries
Heineken has announced plans to merge its local Kralovsky Pivovar Krusovice brewery with beverage group Drinks Union. According to local reports, citing Jiri Danek, head of Heineken's Czech business, the merger is expected to be completed in the first half of 2010 at the latest.
Efes Brewery will increase its Capital in Russia
Efes Breweries International N.V. announced that the General Shareholders' Meeting of Moscow Efes Brewery, EBI's operating subsidiary in Russia, resolved to increase MEB's share capital through issuance of additional shares of up to 455,729,167.00, amounting to USD 200,000,000.
Kirin gets FIRB approval for Lion Nathan takeover
Japanese brewer Kirin Holdings has received the all clear from the Foreign Investment Review Board for their takeover of Australia’s second largest brewer - Lion Nathan.
Australia: New malting plant to sate Asian beer mania
Australia's largest maltster, Joe White Maltings, expects to start construction of a new barley malting plant at Minto in southern-western Sydney by the end of June to service the rapidly expanding Asian market for beer. The plant should be completed by February 2011 and will process 110,000 tonnes of malting barley a year to lift Joe White's total capacity thoughout Australia to 610,000 tonnes, with about 500,000t of that exported.
Heineken plans to malt barley in South Africa
Heineken was in talks to build a barley malting plant at its new local brewery in South Africa and a deal was expected soon, a company official said yesterday. Peralt van der Merwe, the director for business and legal affairs, said Heineken was negotiating with "a major corporation" to build the facility.
Brewer Inbev looking for Borsodi Buyer
The Belgo-Brazilian beer company Inbev, a unit of global beverage giant Anheuser-Busch Inbev, is seeking to sell its 11 breweries in central and eastern Europe, including the Borsod Brewery in Bocs (NE Hungary), the daily Nepszabadsag reported on Monday.
Heineken to close two Czech breweries
Heineken NV, the world's third-largest brewer, said on Monday it would close two breweries in the Czech Republic.
London-based brewer SABMiller expected four plants that it planned to open in Africa to bring in more profit than its other 10 around the world because the continent was least affected by the international financial meltdown, Graham McKay, the chief executive, said last week.
Asahi Breweries to Consolidate Presence via Tsingtao Brewery
Asahi Breweries Ltd. China representative tells journalists on June 11, 2009 that the company presently does not consider adding or reducing holding in Tsingtao Brewery Company Limited, a leading brewer in China.
Anheuser-Busch to launch Bud Light Golden Wheat
Anheuser-Busch is launching a wheat version of Bud Light this fall as it looks to keep growing the momentum of its best-selling brand by tapping into the growing wheat segment.
Heineken names new S&N UK boss
Heineken has appointed Stefan Orlowski, currently the brewer’s group commerce director, as managing director of Scottish and Newcastle UK.
Carlsberg Completes Sale Of Arendal Brewery
Carlsberg Group’s company in Norway, Ringnes has finalised an agreement to sell the brewery in Arendal to a group of local investors. Ringnes will reportedly keep a 20% share in the company.
Russia to export brewing barley
Russia has all opportunities to completely meet the domestic demand and become the exporter of brewing barley, declared Daniel Briman, the council chief of the Union of Russian brewers, on June 7. According to him, the decrease of the sowing areas in Europe, the growth of consumption markets in China, India and the South-East Asia are the main backgrounds for such situation.
Tsingtao Brewery to buy Jinan Beer for RMB 250 mln
Tsingtao Brewery Co Ltd plans to purchase Jinan Beer Group for RMB 250 million, sources reported, citing an insider close to the situation as saying.
Paulaner HP USA Acquires Distribution Rights to Paulaner® and Hacker-Pschorr®
Paulaner Brauerei GmbH & Co KG, Munich, Germany, is pleased to announce its formation of a new U.S. importer. After an exhaustive review of many prestigious U.S. beer importers, Paulaner has decided to import its beers once again through a subsidiary company to be known as PAULANER HP USA. Until 2003, Paulaner had been servicing the U.S. market through its wholly owned subsidiary.
Molson Coors names new CEO of Molson in Canada
Dave Perkins, 55 is the new president and chief executive officer of Molson Canada.
Carlsberg, the Danish brewer, intends to expand in Asia to help reduce its exposure to a volatile Russian beer market, its chief executive said in an interview with the Financial Times on Wednesday.
SABMiller plans cheap beer for Africa
SABMiller, the parent company of Uganda’s Nile Breweries in Jinja is embarking on a strategy to make beer more affordable.
MillerCoors to burst Bud’s bubble
MillerCoors, SABMiller’s US joint venture, is hoping to take advantage of the economic slump with an offensive on rival Anheuser-Busch InBev, the US’s leading brewer.
Carlsberg Malawi Limited (CML) which is under the Bottling Brewing Group Limited (BBGL) on Wednesday introduced a super premium brand, Carlsberg Chill. Carlsberg Chill joins Turbog beer in the super premium segment among the imported brands of Carlsberg.
Kirin Holdings acquires 43.24% stake in San Miguel Brewery
Kirin Holdings Company Limited, a Japan-based producer of alcoholic beverages, has acquired 4,479.62 million shares in San Miguel Brewery, Inc., a producer of beer, from San Miguel Corporation, a food, beverage, and packaging company.
Russian second largest brewery opens new plant in Siberia
Russia's second largest beer producer, SUN InBev, has opened a brewery near the Siberian city of Irkutsk, a company spokesman told RIA Novosti.
Carlsberg: Aldaris is one of the key breweries of the group in Europe
Carlsberg Group brewing company wishes to consolidate its position on the Latvian market, as Carlsberg Group Vice-President Esko Pajunen said during a visit to Latvia yesterday.
SABMiller aiming for 100% stake in Kompania Piwowarska
SABMiller, the second largest global beer producer, intends to acquire a stake of around 30% in Kompania Piwowarska, the largest brewer in Poland, from Jan Kulczyk, the well-known Polish investor. In turn, Mr Kulczyk will receive 3.8% of SABMiller shares, worth around $1.1bn. As a result of the transaction, SABMiller will become the sole owner of the Kompania Piwowarska group, which owns popular brands such as Tyskie, Zubr and Lech.
Anheuser-Busch foundation gives $3 million to Saint Louis University
Saint Louis University has announced a $3 million gift from the Anheuser-Busch Foundation -- the largest donation to date for a $35 million expansion of SLU's School of Law and the largest-ever individual gift to SLU from A-B in its corporate history.
Confirmation of the Regulations (EC) 1829/2003 and 1830/2003
No genetically modified raw materials at BESTMALZ
[overview]
Carlsberg Malaysia wins Green Leadership Award 2010
06.09.10 - Carlsberg Malaysia was accorded the Green Leadership Award 2010 at the Asia Responsible Entrepreneurship Awards (AREA) held in Kuala Lumpur recently. The company won the award for its robust environment management programme at its brewery and the rigorous 3R (Reduce, Reuse, Recycle) practices at the workplace, positive results and impact from the brewery’s green efforts earned it the Green Leadership award. [more]
Tsingtao Brewery Said to Re-start Expansion
05.09.10 - Tsingtao Brewery Company Limited will re-start its expansion plan in attempt to narrow the gap with Chinese brewery giant China Resources Breweries Co., Ltd., disclosed people close to the matter. The Shanghai-listed brewer is said to acquire a 45% stake in Hangzhou Xihu Beer Asahi Co. Ltd. first to consolidate its presence in East China and plan to march into Henan Province, central China next step. [more]
Anheuser-Busch brewery recognized for environmental initiatives
04.09.10 - Anheuser-Busch’s Houston brewery has been recognized for “taking care of Texas through environmental leadership” by Clean Texas, a statewide program that promotes environmental responsibility. Clean Texas recognized the brewery as a bronze-level member for being “a leader among Texas communities and workplaces” and for achieving significant environmental results to “protect air, water and land resources in Texas.” [more]
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