Herbert Hainer, Adidas Group CEO, said for the first time that Adidas may explore “alternatives” to its long sponsorship of FIFA if soccer's world governing body does not reform itself. "If FIFA succeeds in reforming itself -- ...
Tags: Adidas, FIFA, Sporting Goods
Anheuser-Busch InBev faced some serious queries from the US lawmakers over its plan to acquire SABMiller. The lawmakers are concerned that deal could stifle the growing craft beer industry. The £71bn deal that was announced in ...
Tags: craft beer, caft beer industry
The GBP71bn Anheuser-Busch InBev-SABMiller merger deal process is inching forward as both the companies have reached a final agreement. However, the deal is yet to gain approval from regulators and shareholders. Post clearances, the deal ...
The London-listed SABMiller has agreed to sell itself to Belgium-based brewer Anheuser-Busch InBev for $104bn (£68bn). While AB InBev is the world's biggest brewer, SABMiller is its competitor. The boards of the two companies said ...
Anheuser-Busch InBev is exploring the acquisition of competitor SABMiller, a deal that would lead to a $275bn merged entity which would produce one out of every three beers globally. If the deal goes through, it would be one of the six ...
Tags: Anheuser-Busch InBev, SABMiller, beer
Anheuser-Busch is investing $170m in expansion of its Metal Container Corporation (MCC) subsidiary's facility in Jacksonville, as part of its plan to increase production of Budweiser and Bud Light aluminum bottles. The expansion project ...
Tags: Anheuser-Busch, Metal Container
Ambev, the Brazilian unit of Anheuser-Busch InBev, has acquired craft brewer Colorado for an undisclosed amount. The acquisition is a part of the Ambev's strategy to continue buying premium brands in order to boost up stagnant beer sales ...
Tags: Anheuser-Busch InBev, beverage, soft drink
Grupo Modelo, an arm of beverage major Belgium-based Anheuser-Busch InBev, will pump in $325m in two plants in Yucatan, Mexico, including an aluminum beer-can unit. The cans manufactured at the new unit will replace those being currently ...
Tags: Grupo Modelo, Packaging
Home appliances major Whirlpool and brewer Anheuser-Busch InBev have joined hands and started selling single serve capsule-based drink machines for soda, juice and coffee in Brazil. Setting in motion their joint venture valued at more ...
Tags: Whirlpool, AB InBev, Drink Machine
Beer in China has become increasingly popular in the last century. Chinese beer has also seen a rise in popularity internationally in the last few decades. However, Chinese beer industry suffered a negative growth in 2014 for the first time ...
Tags: Tsingtao Brewery, Beer
Dutch brewing company Heineken is planning to build a new brewery in northern Mexico, which will see an investment of around $470m. The proposed plant will be capable of producing nearly 5 million hectoliters of beer annually. The ...
Belgian brewing major Anheuser-Busch is planning to cease operations at its bottling line in Newark, New Jersey, the US. This comes in line with the company's strategy to optimize capabilities of its brewery system to meet consumer and ...
Tags: bottling line, brewery system, Agriculture
Anheuser-Busch (A-B) InBev has settled a lawsuit which was filed by two Miami residents in the US over deceptive Kirin beer packaging. The two residents accused the company for misleading consumers through its Kirin beer packaging that ...
Tags: Beer Packaging, bottles, can, Agriculture
Brazilian investment firm 3G Capital Partners is looking at acquiring new food and beverage firms, after investors pledged about $5bn to form a new takeover fund. The company is discussing the possibility of acquiring $14bn worth ...
Brazilian investment firm 3G Capital Partners is mulling to acquire food and beverage firms, after investors pledged about $5bn to form a new takeover fund. The Wall Street Journal reported that the company is discussing the possibility ...
Tags: 3G Capital Partners, food, beverage, Agriculture