Analysis of beer market in China (on Russian)
Beer market of Ukraine: big three losing weightIn 2016, fast increase of excises and resulting price spike stood in the way of the beer market stabilization. Most of competition (as well as mass sorts) moved to the economy segment of the market. The biggest losses were incurred by the leading three, especially Obolon, which again experienced pressure after reallocation of Efes market share. However, one should already speak of TOP-4. Group Oasis CIS (PPB) became a strong player and competitor to transnational companies. Besides the net sales of many regional medium breweries look rather good and 16-fold cost reduction wholesale trade license for craft brewers opens up a possibility of rapid growth in 2017.
Analysis of beer market in China
China’s transition to a “new normal” reality backfired on the brewing industry unexpectedly. Stagnation and subsequent market decline resulted from dynamic social and economic changes. There has emerged a “two speed” market where the medium class significance is growing, yet the share of main beer consumers, “blue collar” is decreasing. Also the inflow of consumers is shrinking, as demographics stopped being a growth driver. Finally, beer is giving way to other alcohol drinks....
CVC Said to Hire Adviser After Japanese Approaches for StarBev
CVC has retained Nomura Holdings Inc. (8604) to help evaluate expressions of interest from brewers that include Kirin Holdings Co., Asahi Group Holdings Ltd. and Suntory Holdings Ltd. of Japan, said the people, who declined to be identified because the talks are private and at an early stage. Belgium-based Anheuser-Busch InBev NV (ABI), which sold the business to CVC in 2009, has a right of first offer, they said.
Other companies that may be interested in StarBev include the Turkish brewer Anadolu Efes Biracilik & Malt Sanayii A.?., SABMiller Plc (SAB), Denmark’s Carlsberg A/S (CARLA), and Heineken NV (HEIA) of the Netherlands, one person said.
CVC, which manages a 10.8 billion euro ($14.3 billion) European buyout fund, purchased the operations, which include breweries in the Czech Republic, Hungary, Romania and Bulgaria, for $2.2 billion, or 1.5 billion euros at the time. Renamed StarBev, the company employs more than 4,000 people and owns the well-known Czech lager Staropramen.
Spokesmen for CVC, Kirin, Anheuser-Busch InBev, Carlsberg, Heineken, Efes, SAB and Nomura declined to comment. A spokesman for Asahi couldn’t be reached for comment.
The Wall Street Journal reported earlier that CVC had received expressions of interest in StarBev.
23 Feb. 2012