An agreement in principle between SABMiller and Coca-Cola Amatil to dissolve their local beer joint venture pending a takeover bid by SABMiller for Foster’s Group has turned speculation to the next chapter in the bust-up of the country’s biggest beer and wine group. (more…)
Delta Beverages chairman, Canaan Dube, says his company has invested more than $100 million in the last 24 months as it positions itself to fight off competition. (more…)
United Breweries Ltd, the market leader in India’s beer industry, is planning to increase its area under cultivation of barley — the main agri-commodity in brewing beer. (more…)
Australian craft brewers Little World Beverages have posted a 35.4 percent rise in half-year profit, and predicted full-year net profit before significant or non-recurring items would be as much as A$8.8 million (US$8.88 million). (more…)
A new report by leading economic experts Oxford Economics shows that 980,000 jobs in the UK depend on the beer and pub trade. (more…)
Mexican brewer Grupo Modelo (GMODELOC.MX) said fourth-quarter profit fell slightly, as the peso strengthened against the dollar, hurting the company’s foreign-currency investments. (more…)
Diageo’s African beer subsidiary, East African Breweries, has survived a consumer shift towards lower-priced beers to report higher net sales in its fiscal half-year. (more…)
SIX months ago, if you ordered a Peroni Nastro Azzurro at your favourite pizza restaurant, or bought a slab of the well-known Italian brand at the bottle shop, what you got was a real imported beer, brewed in Rome. If you go into your favourite pizza place tonight and order a Peroni – or pick up a slab on your way to a barbecue tomorrow – the bottles will look the same, but the contents will probably have been brewed in Warnervale, on the NSW Central Coast. (more…)
San Miguel Corporation (SMC), a Philippines-based food, beverage and packaging company, has reached an agreement with G K Skaggs, a global importer with a national distribution platform in the US, for import and distribution of San Miguel’s beer brands within the US. (more…)
SABMiller PLC (SAB.JO), the brewer which houses premium international beers such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft, and Grolsch, said Friday all conditions precedent relating to the merger of Tsogo Sun, its South African hotels and gaming associate, with Gold Reef Resorts Ltd. have been fulfilled or waived and accordingly, the transaction has become unconditional. (more…)
