Japanese 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
A new study by Technavio has revealed that increase in demand for craft beers will boost the beer market in Europe through 2020. Europe's beer market is anticipated to increase at a steady compound annual growth rate (CAGR) of over 1% ...
Tags: Craft Beer, Beer
Asahi 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
The European Commission is likely to approve the proposed merger of AB InBev and SABMiller, following the companies' efforts to address the regulator's competition concerns. AB InBev had planned sale of several brands such as Peroni, ...
Tags: European Commission, beer, brewer
Danish brewer Carlsberg has announced that its annual profits may witness a slump as a result of decreasing consumption in eastern Europe. Consumption in both the countries has dropped due to sanctions and new drinking laws announced by ...
Packaging solutions provider Graphic Packaging has completed the previously announced acquisition of A&R's European Beer and Beverage packaging business, A&R Carton for euro 26m. The combination of Graphic Packaging's European packaging ...
The deal, which was first announced in November, will see four Contego facilities – in Leeds and Gillingham in the UK, Hoogerheide in the Netherlands and Portlaiose in Ireland – transfer to the US-based cartons giant. It then ...
Tags: Graphic Packaging, Fair Trading, cartons, food packaging