Australia’s competition watchdog blocked Japanese group Asahi Breweries’ A$364 million acquisition of P&N Beverages on concerns the deal will remove an affective competitor from the soft drinks market. (more…)
A group of local residents opposed to expansion plans for the Creemore Springs brewery have taken their fight to the Ontario Municipal Board. (more…)
The Boston Beer Co. (SAM) saw its shares slide more than 7% in after-hours trading on Tuesday, after the brewing company posted fourth-quarter earnings that missed expectations. (more…)
•Attributable Net Profit rose 65% to S$115.7 million
•Profit before Interest and Taxation gained 53% to S$207.5 million
•Revenue grew 35% to S$856.9 million (more…)
Asia Pacific Breweries Ltd (APB) is pleased to announce that Mr Peter Ong will assume the position of General Manager, Thai Asia Pacific Brewery Co. Ltd (TAPB) from 15 February 2011. With his appointment, Mr Ong will lead and oversee the business and brewery operations in Thailand. (more…)
•HAPBC expects to gain approximately S$76 million from divestment
•Offer price at a premium of 63% over Kingway Brewery’s closing price on 8 March 2011 (more…)
Jeff Hamilton is the president of Sprecher Brewing Co., succeeding Randy Sprecher. Sprecher Brewing saw revenue increase 10% last year vs. 2009 without increasing prices. The company has broadened its product mix to capitalize on the growing American craft beer market. (more…)
Patio season is just around the corner, but a global shortage of brew-quality malt already has some brewers forecasting a possible price spike at the taps. (more…)
The meeting of holders of priority shares of Heineken Holding N.V. will propose that Heineken Holding N.V.’s Annual General Meeting of Shareholders appoint Mrs. C. M. Kwist (43) to the Board of Directors of Heineken Holding N.V., to succeed her uncle Mr. D. P. Hoyer (71). Mr. Hoyer is due to retire by rotation and, in view of his age, will not be proposed for reappointment. (more…)
After unexpected success at home, one of Japan’s biggest brewers is bringing its zero-alcohol beverage to the U.S. in a test of American drinkers’ indifference to weak beer. (more…)
