Heineken updates on developments post Cuauht?moc Moctezuma acquisition

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Heineken, a global brewing company based in Netherlands, said that there have been certain developments in Mexico post acquisition of Cuauht?moc Moctezuma (CM). The new developments include the brewing of Heineken’s brand in one of CM’s breweries located in Orizaba, Veracruz in Mexico, and launch of new bottle and can designs for its beers. (more…)

Corona Brewer Drinks to Family Business

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In a fast-consolidating global beer industry, Grupo Modelo SAB Chief Executive Carlos Fern?ndez is trying to keep his company in the family. (more…)

Kingway says shareholder sells stake at premium

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Kingway Brewery Holdings Ltd (0124.HK) said shareholder Heineken-APB (China) Pte Ltd had agreed to sell its entire stake in the Chinese brewer at a price representing a 62.8 percent premium to its last close. (more…)

China. Anheuser snags Henan brewer

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Anheuser-Busch InBev, the world’s largest brewer, has acquired China’s Weixue Beer Co, the second largest brewery in Henan Province, a move analysts said shows AB InBev’s clear-cut strategy for expanding its presence in the world’s largest beer market. (more…)

$62.5 million Commonwealth Brewery IPO details revealed

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With $8.33 a Bahamian can participate in the $62.5 million initial public offering (IPO) of Commonwealth Brewery Limited (CBL), and benefit from the company’s policy, rarely observed by equity issuers, of paying 100 percent of net income out as dividends. (more…)

China. CR Snow announces three acquisitions in Anhui, Liaoning and Zhejiang

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China Resources Snow Breweries Limited (or “CR Snow”), a subsidiary of China Resources Enterprise, Limited (or “The Company”) and a joint venture with SABMiller plc, announced that it has agreed to acquire three breweries in each of Anhui, Liaoning and Zhejiang Provinces in three separate transactions. (more…)