Brewers pounce on China's market liberation
Global brewing giants SABMiller and Anheuser Busch have increased their stakes in Chinese brewers by taking advantage of China's crawl towards a more liberal market, reports Chris Mercer.
News & Analysis for the Beverage Industry
Last updated on
Global brewing giants SABMiller and Anheuser Busch have increased their stakes in Chinese brewers by taking advantage of China's crawl towards a more liberal market, reports Chris Mercer.
InBev is already beginning to see the benefits of last year's merger of Belgian brewer Interbrew and Brazil's AmBev, with volume sales in 2004 growing at more than twice the rate of the global beer market as a whole. And with operations in all of the...
InBev is acquiring the remaining 45 per cent interest in Hunan Debier Brewery, located in Hunan province, China, for $18.2 million. The move is part of InBev's ongoing integration process of the Lion Group Breweries, which it acquired earlier this year.