North 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
Belgian 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
Anheuser-Busch InBev (AB InBev) has agreed to sell SABMiller’s Chinese beer business to China Resources Beer Holdings for $1.6bn, in an effort to gain regulatory approval for its pending acquisition of SABMiller. The Chinese ...
Tags: AB In Bev, SABMiller, China Resources, Chinese Beer
During 2014, the UK government announced that it was cutting beer duty by £0.01 per pint for the second consecutive year as part of its budget released in March 2014. This move was taking in an effort to boost a previously declining ...
Tags: Beer Sales Volume, Beer
UK-based drinks company Diageo has completed the sale of Jamaican lager Red Stripe to Heineken for $780.5m. The deal, which was announced in October, entails Diageo offloading its brewing companies in Jamaica, Malaysia and Singapore, to ...
Tags: Diageo, Jamaican lager Red Stripe, Food
Belgium brewer Anheuser-Busch will acquire Arizona-based craft brewer Four Peaks Brewing Company, in an effort to expand its portfolio of craft breweries. Following the acquisition, Four Peaks brewery will continue to brew all of its ...
Tags: Anheuser-Busch, beers, Food
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
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
Revenue growth: Revenue grew by 2.3% in 3Q14 and by 5.3% in 9M14, with revenue per hl growth of 5.0% in 3Q14 and 4.5% in 9M14. On a constant geographic basis, revenue per hl grew by 4.9% in 3Q14 and by 5.2% in 9M14. Total volumes in 3Q14 ...
Tags: Beer volumes, Revenue growth, Agriculture
Beer major Anheuser-Busch InBev (AB InBev) will establish a new business arm for beers in the US in a move to expand its presence in the growing beer market. To be based in Chicago, the proposed unit will offer AB InBev brands such as ...
Tags: AB InBev, New Business, Agriculture
The packaging of 500ml cans of Tennent’s Super, a 9% ABV beer produced by AB InBev UK, has been found to encourage immoderate consumption after a ruling by the Independent Complaints Panel (Panel). The product packaging was ...
Tags: Tennent's Super, cans, Agriculture
Beer major Anheuser-Busch InBev (AB InBev) has expanded the portfolio of its Bud Light Lime Ritas with two new flavors - Mang-O-Rita and Raz-Ber-Rita. Lime-A-Rita, Straw-Ber-Rita and seasonal Cran-Brrr-Rita are the other three existing ...
Tags: AB InBev, Bud Light Lime