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Asian margins matter less than growth in key markets, Carlsberg CEO

Carlsberg CEO Jorgen Buhl Rasmussen says the firm is currently less concerned with building Asian margins than securing growth in a key region, particularly in markets such as China and...

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Tinker, Tailor, Soldier, Sales? Beam Inc. profits from Maker’s Mark 'proofgate'

Beam Inc. revealed yesterday that bourbon brand Maker’s Mark Q1 2013 sales rose 44% due to short-lived plans for an alcohol cut that prompted a sales spike, but is this...

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SAB Miller CEO steps down due to serious illness

SAB Miller CEO Graham Mackay has stepped down from his position after being diagnosed with a brain tumor, with the firm’s board praising his ‘immense contribution’ to SAB Miller.

SAB Miller ‘quite positive’ over legal challenge to Mexican beer exclusivity

SAB Miller says it feels ‘quite positive’ about the possibility of Mexico opening-up as a beer market, with the nation’s competition authority poised to rule on the legality of exclusivity...

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SAB Miller invests $40m in new Namibia brewery to brew Carling

SAB Miller plans to invest $40m in a new 260,000 hectoliter brewery in Namibia, and says completion of the build by H2 2014 will allow it to make more key...

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Carlsberg mulls potential $1.2bn China M&A move in Chongqing

After a quiet beginning to 2013, M&A activity is heating up in China’s beer market, as Carlsberg said on Monday it was considering upping its stake in Chongqing Brewery, intensifying...

miller coors jv partners will both 'vigorously' contest action

Molson Coors sues SAB Miller for move to kill Canada licensing deal

Molson Coors has launched legal action against SAB Miller in response to the UK company's move to terminate a licensing agreement granting the US-Canada brewer rights to license SAB products...

Heineken silent on Finnish sale tattle but confirms JP Morgan strategic review link

Heineken has confirmed to BeverageDaily.com that it is working with JP Morgan as it begins a strategic review of its Finnish business, and PepsiCo licensee, Hartwall but refused to comment...

Big boys bulk up: World’s Top 5 brewers turn screw on local players

A recent M&A wave in brewing means that ‘global giants’ AB InBev, SAB Miller, Heineken, Carlsberg and CR Snow are piling the pressure on local players, particularly in markets such...

‘Cold, wet winter’ subdues SAB Miller Chinese volumes

SAB Miller is blaming ‘exceptionally cold and wet winter weather’ for a third quarter volume decline in China, which meant lager volumes declined in its Asia Pacific business by 1% overall.

Foster’s Group was ‘undermanaged’ for number of years – SAB Miller CFO

SAB Miller CFO Jamie Wilson admits that the firm has suffered volume declines with Foster’s Group in Australia and is not regaining share, but claims that the takeover was never...

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SAB Miller challenge to hit African beer ‘sweet spot’

SAB Miller says it wants to slash the cost of its mainstream beer brands in Africa to drive growth, as it identified a $3.7bn value opportunity as consumers move away...

SAB Miller launched Impala, the first commercially produced cassava beer, in Mozambique last year

SAB Miller researches cassava food byproducts to push ‘zero waste’ aim

After launching its first cassava-based beer in Mozambique last year, SAB Miller is taking part in an EU-funded scheme that involves researching alternative foods drawn from the crop’s byproducts.

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'We’re growing in Africa, not fighting for beer share' – SAB Miller

SAB Miller insists the key attribute of the African beer market is rapid growth rather than competing for share, as in Europe, as the firm opens a new $100m brewery...

SAB Miller CEO admits ‘secular trend’ against big US beer brands

SAB Miller CEO Graham Mackay has noted a 'secular trend' against mainstream US beer brands and the premium light segment, but says high-end innovation can turn things around.

Carlsberg and SABMiller invest further in China

Beverage giants Carlsberg and SABMiller have announced plans to expand further in the Chinese beer market.

Lighter bottle top could save SABMiller US$12.6m per year

SABMiller’s new lighter beer cap could cut its costs by US$12.6m per year if it is rolled out globally, says the firm.

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CCA to sell Pacific Beverages stake if SAB Miller goes for Foster’s

Coca-Cola Amatil (CCA) has agreed to sell its stake in the Pacific Beverages joint venture to its partner SAB Miller if the latter acquires Foster’s.

Analysts lukewarm over SAB Miller’s move on Foster’s

SAB Miller is likely to go higher to secure the purchase of Foster’s, but with the Australian beer market in decline, analysts have questioned the potential value of a tie-up....

SAB Miller to persevere after bid for Foster’s is rejected

SAB Miller has promised to continue negotiations with the Foster’s board after its $10bn takeover bid was rejected.

SABMiller announces new brewing research centre on results day

SABMiller is building a brewing research centre in the UK that it believes could deliver a “quantum leap” in beer innovation.

Breweries in 2030 could be forced onto ships, warns SABMiller

SABMiller has envisaged a “Marginal Survival” scenario for 2030 whereby breweries are located on ships so beer makers can move with people and resources and away from natural or man-made catastrophes.

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Analyst questions SAB Miller's new business model

As SAB Miller launches a new beer brand in the UK, an analyst at Nomura has warned that its embrace of a new business model could lead to some short-term...

SABMiller unveils sustainability strategy

SABMiller has introduced a series of projects and schemes in a new sustainability report as it aims to reduce emissions on beer by 50 per cent by 2020, cut water...

SABMiller ABI complains of violence, workers threaten more strikes

SABMiller is facing the possibility that strikes at its soft drink operations in South Africa could spread to the beer division if no deal is reached tomorrow.