Nomad will take a disciplined approach to evaluating future acquisition opportunities in the consumer foods space following its acquisition of Iglo Group, according to Stefan Descheemaeker, the newly appointed CEO of Nomad Foods.
Anheuser-Busch InBev CEO Carlos Brito says growth for Bud Light is the brewer’s top US priority as the brand lost less share in Q3 2014, and insists the company won’t spend more on marketing its growth value portfolio.
Recently formed brewing powerhouse Anheuser-Busch InBev is already having to take difficult decisions in its European operations as it mulls price increases and brewery closures to offset industry-wide financial concerns.
Anheuser boss August Busch is set to receive a windfall when his company is sold to InBev; but InBev has expressed dissatisfaction at its Q2 financial results. Likewise, Dr Pepper Snapple is proud of its progress, despite headwinds affecting the industry.
Protests hit the headquarters of Belgian brewing giant InBev as the
brewer continues to cut back European brewing facilities, but the
group's strong foothold in Latin America is keeping the future
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...
InBev, the company formed last year by the merger of Belgium's
Interbrew and the Brazilian giant AmBev, says it is on track for
solid profit growth in 2004 despite missing its full-year volume
growth target, writes Chris Jones.
Two of Europe's top brewers have continued their investments in the
international brewing sector. But while Heineken continues to
invest in some of the world's less established beer markets, InBev
has strengthened its position...
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...
China's beer market - the biggest in the world - is continuing to
consolidate into the control of just a handful of major companies,
but while international brewers have certainly been quick to stake
their claims, there are still...
Major international brewer InBev says that the rapid growth of its
interests in the China market have been one of the key factors that
has helped it achieved a 5.5 per cent growth in its net profits for
the first six months of the...
Two companies which are fierce rivals in other markets have joined
forces in Italy. Heineken will now produce and distribute
Anheuser-Busch's flagship Budweiser beer there, replacing
SABMiller's Peroni unit as the local...