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 arrangements that the UK plc claims penalises it vis-a-vis rivals.
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 brands such as Carling Black Label available to consumers in the country.
INDUSTRY VOICES: GUEST ARTICLE, HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG
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 the fight among global brewers for production assets there.
miller coors jv partners will both 'vigorously' contest action
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 in the country, with the latter blaming low volume sales.
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 on rumors of a potential $788m sale.
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 a ‘short-term journey’.
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 use a quarter by 2015, and take advantage of lightweight packaging.
SABMiller, one of the world's biggest brewers, is establishing a
major presence in China through its joint venture China Resources
Snow Breweries, which last week said it would acquire two breweries
in northern China for a combined...
A soaring premium beer market in Russia and growing consumption in
Poland and Romania are driving forward a major international
brewer's European profits by offsetting problems in Hungary and
Slovakia, writes Chris Mercer.
SABMiller's Chinese joint venture, China Resources Breweries, has
acquired the Chinese brewing interests of Australian-based Lion
Nathan, which entails three breweries in the populous Yangtze River
Delta Region. After losing...
China Resources Breweries Limited, an associate of South
African-based SABMiller and a subsidiary of China Resources
Enterprise, is set to invest $82.2 million (€68m) in the
construction of a new brewery in the city of Dongguan, in...
Harbin, the leading Chinese brewery, has advised shareholders to
resist SABMiller's takeover bid for the company. The bid was
influenced by Ancheuser-Busch's 29 per cent acquisition of the
company earlier in the week. SABMiller...
SABMiller, the world's second largest brewer, has added another
Polish brewery to its portfolio there. The addition of the Dojlidy
brewery's brands will help extend the company's geographical
presence in the north east...