Budweiser’s position as global sponsor of the 2018 FIFA World Cup Russia has helped AB InBev drive the brand into new markets opened up by the combination with SABMiller.
Anheuser-Busch InBev has agreed to sell its entire indirect shareholding in Distell Group Limited to South Africa’s Public Investment Corporation Ltd, a state-owned pension fund.
Japan’s Asahi Group Holdings is set to bid $4.87bn for SABMiller’s Eastern European beer operations in the Czech Republic, Poland, Hungary, Slovakia and Romania, according to reports.
The European Commission has approved AB InBev’s acquisition of SABMiller; conditional on AB In Bev ‘selling practically the entire SABMiller beer business in Europe’.
Anheuser-Busch InBev (AB InBev) has agreed to sell SABMiller’s stake in China Resources Snow Breweries (CR Snow), the company behind the Snow beer brand, to China Resources Beer.
AB InBev CEO Carlos Brito has championed the tie-up with SABMiller as the creation of ‘the first truly global beer company.’ But where are the regions to watch: and where might there be challenges?
AB InBev says it is ‘surprised’ at SABMiller’s reaction to its mega-brewer proposal: after SABMiller yesterday rejected a $103.6bn / £68bn takeover approach.
SAB Miller says research to date on a new type of PET to keep bottled beer fresher for longer 'looks promising', but the brewer says commercialization of the technology is still around five years away.
Despite Heineken’s stated desire for independence after it knocked back an approach for SAB Miller, one financial analyst believes a deal could still be done.
Settlement discussions between Molson Coors and SAB Miller over the former’s right to distribute SAB’s brands in Canada have foundered and the beer giants are heading back to court.
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.
SABMiller said today that ‘intense competition’ within European lager led to a fall in beer volume sales during the last quarter, but the brewer told BeverageDaily.com that it didn’t think there was a fundamental problem with the category in this market...
SABMiller announcement yesterday that it had agreed the terms of a recommended cash offer for Foster's with that firm's board of around A$9.9bn (€7.42bn) came as no surprise, according to one City analyst.
SABMiller has reported a three per cent increase lager volume in the third quarter, driven by better than expected volume in Europe and emerging markets.
SABMiller has reported a slight rise in half year volumes as it includes its Zimbabwe associate in its latest trading update for the first time in almost five years.
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.
SABMiller has launched the Water Futures partnership with WWF after drawing attention to the water scarcity problem in a new report out earlier this week.
This week, Heineken prepares to expand within the Swiss beer
market, and SABMiller and Molson Coors begin to finalise
integrations plan for their US joint venture.
Sales volume growth across SABMiller's regional markets, increased
pricing and a favourable exchange rate over the US dollar are
helping to keep the brewer on track for its full year targets, the
company said today.
SABMiller's Polish arm Kompania Piwowarska received the go ahead on
Friday by competition authorities to acquire local brewer Browar
Belgia to ease strain on its production for an undisclosed sum.
SABMiller continues to drive volume growth with the announcement
today that lager volumes have increased 11 per cent for the first
fiscal half of the year, attributed to the group's expanded global
presence.
SABMiller says that a continued focus on expanding in emerging beer
markets like Africa, Asia, Latin America and Central and Eastern
Europe has allowed it to boost lager sales by 11 per cent.
SABMiller today revealed it is to expand its presence within the
high growth beer markets of Eastern Europe with the acquisition of
Polish brewer Browar Belgia for about €65m.
SABMiller's China joint venture, China Resources Snow Breweries,
has agreed to buy the remaining shares in a business based in
China's south-western Sichuan province, strengthening its foothold
in an undeveloped region of...
SABMiller is in talks to buy Foster's overseas breweries in Asia,
BeverageDaily.com has learnt, as the potential sale offers
brewers a better foothold in one of the world's fastest growing
beer markets.
Two of the world's biggest brewers have announced plans to expand
in Russia, yet competition will intensify as an outdoor drinking
ban and slow economic progress threaten the market's blistering
growth, writes Chris Mercer.
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, one of the world's largest brewery groups, has increased
its presence in the Romanian market after announcing the
acquisition of a controlling stake in leading local brewer Aurora.
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...
Anheuser- Busch and Miller, part of the London-based group
SABMiller, are facing a lawsuit that alleges that the company has
illegally targeted children through its packaging and advertising
of alcopop drinks.
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...
SABMiller, the giant brewing group, has taken 100 per cent control
of the Chinese beer brand Snow after buying out the minority
shareholder in three Chinese breweries. And while there is still
work to do to improve the situation at...
