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Asahi to Take Eur7.4bn Loans to Fund SABmiller's Assets Purchase
Mar 30, 2017Japanese beer maker Asahi Group said it will take on EUR7.4bn in bank loans to finance its purchase of SABMiller's former Central & Eastern European beer assets. Asahi said its board agreed to the loan, from Japan's Sumitomo Mitsui and ...
Tags: beer, Asahi Group
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Asahi to Acquire A InBev's Eastern European Beer Brands for Eur7.3bnB
Dec 15, 2016Asahi Group has agreed to acquire a group of Eastern European beer brands from Anheuser-Busch InBev (AB InBev) for €7.3bn. As per the deal, the Japanese beverage giant will purchase the beer brands and their operations in Czech ...
Tags: European Beer, Asahi Group
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UK Brewery Numbers Rise as Demand for Craft Beer Surges
Oct 11, 2016A new research has revealed that the number of UK breweries has increased by 8% to nearly 1,700 over the past year due to the continuous surge in popularity of craft beers. The research from UHY Hacker Young has found that the number of ...
Tags: UK breweries, rise, demand
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UK Food and Beverage Sector Remains Unaffected by EU Referendum
Aug 3, 2016According to the latest research conducted by business and financial advisory firm Grant Thornton UK, after a strong first quarter deal activity in the food and beverage sector has declined this quarter, due to market uncertainty in the ...
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South African Regulator Approves AB InBev's $100bn Acquisition of SABMiller with Conditions
Jun 3, 2016South African competition commission has given conditional approval of Anheuser-Busch InBev’s $100bn acquisition of SABMiller. The Commission has given to the recommendations to the Competition Tribunal following an investigation ...
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MillerCoors' Plan to Close North Carolina Brewery Faces State And Federal Antitrust Scrutiny
Apr 6, 2016North Carolina Attorney General Roy Cooper spoke at a Teamsters rally outside of the MillerCoors brewery in Eden, North Carolina. MillerCoors announced plans to close the Eden brewery in September 2015, just two days before merger talks ...
Tags: MillerCoors, Eden brewery, ABI, SAB, North Carolina Brewery
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AB InBev Agrees to Sell Sab Miller's China Market to Chinese Government
Mar 13, 2016Belgian beverage giant AB InBev says it will allow a Chinese Government owned company to acquire SABMiller’s Chinese beer business if AB InBev itself can acquire SABMiller. AB InBev last week revealed it will allow China Resources ...
Tags: AB InBev, China Market
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Can-Pack Group Launched New Dh200m Manufacturing Plant at Dubai Investments Park,Dubai
Jan 23, 2015Can-Pack Group, the manufacturer of aluminium beverage cans, has launched its new Dh200m ($54.4m) manufacturing plant at Dubai Investments Park, Dubai. The 150,000ft2 facility, the group's second manufacturing plant in the area, is ...
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M&S Has Appointed Helen Weir Cbe to Its Board as Its CFO
Nov 21, 2014Marks and Spencer Group plc (M&S), one of the leading British multinational retailers, has appointed Helen Weir CBE to its Board as its Chief Finance Officer (CFO). Helen is currently the CFO at the John Lewis Partnership. She joined John ...
Tags: multinational retailers, Apparel
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KAPIRI Glass Factory Is Set to Revive Operations in July Next Year
Dec 19, 2013KAPIRI Glass Factory is set to revive operations in July next year following the successful recapitalisation of the firm. The glass factory, which will operate under a new name called Kapiri Glass Manufacturing (KGM) Limited, is expected ...
Tags: glass, decoration
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Exceptional Pilsner Urquell Bottle Won The Worldstar Packaging Awards 2014
Dec 10, 2013The unique beer bottle created last year to celebrate the 170th birthday of the original Pilsen lager beer Pilsner Urquell, has won the current award WorldStar 2014 at the international competition WorldStar Packaging Awards 2014. This ...
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Discovery Making a 'male Pill' Possible During 10 Years
Dec 5, 2013A male contraceptive could be on the horizon after a discovery of a novel way to block the transport of sperm during ejaculation, Australian researchers say. Lead researchers, Dr. Sab Ventura and Dr. Carl White of the Monash Institute of ...
Tags: 'male Pill', male contraceptive
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SAB Miller Posted Group Revenues of $17.56bn in Its H1 Ended September 2013
Nov 25, 2013Brewing major SAB Miller has posted group revenues of $17.56bn in its first half (H1) ended September 2013, compared to $17.47bn in the corresponding period last year. These revenues were driven by lager volume growth of 1% on an ...
Tags: SAB Miller, Food
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Kapiri Glass Factory Is Set to Reopen Its Operations in July Next Year
Nov 19, 2013Kapiri Glass Factory is set to reopen its operations in July next year under a new local investor Chimsoro Milling Company Limited. This follows the recapitalization and re-investment into latest machinery and technology at the once ...
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Republic Steel Supplies Maximum of Tube Rounds for USSC's Tubular Products
May 2, 2013Ohio-based Republic Steel, a subsidiary of Mexican Simec SAB de CV has contracted with United State Steel Corporation(USSC) to supply maximum of 450,000 tons of tube rounds for USSC's tubular products from its new installed Electric Arc ...
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