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3-2019

Russia: Positions of Brewing Companies

The review contains an analysis of interim performance of brewers in the first half of 2019. There are rather dynamic changes behind a modest industry growth. Baltika is again experiencing a stage of volumes and market share slid due to competition with AB InBev Efes. Because of the price competition and presence expansion in the modern trade company #2. has come close to the leading position. At the same time sales of Heineken Russia have continued growing which makes the premium part of the portfolio heavier. The market premiumization trend had been also confirmed by import brands. MBC and Zavod Trekhsosenskiy have been the most successful among federal market players. The market share of independent regional brewers and Ochakovo have continued falling as they are being squeezed out by the market leaders at their competitive fields.

Ukrainian beer market 2019: companies and brands

In 2019 beer production and market have been still fluctuating about zero point. However, the past season was successful for brewers judging by the sales profitability. The price mix has improved due to rapid general market premiumization, as well as its particular aspect, the growth of import beer sales. By the season end AB InBev Efes improved its positions considerably. It turned out that consumers had not forgot Efes brands that had to leave the market, but started to recover rapidly. Against the stagnating market that meant sales decline of other companies, in the first place Carlsberg Group that most of all beneficiated from Efes exiting the market. PPB turned out to be stable to branding activity of its competitor and Obolon kept the same volumes and at the moment it is the absolute leader of the economy segment. The share growth of independent producers took place thanks to leading craft breweries, that so far do not have a big market weight, but they are rapidly gaining it.

Brewing industry in Kazakhstan 2019

During the first half of 2019, the majority of Kazakh brewers made their contribution into positive dynamics. Yet it was companies of the lower division, not the two transnational leaders that raised their production and sales. The shares of draft beer and aluminum can which is rapidly squeezing glass bottle out of the market, have been growing. The price segmentation has remained stable despite the substantial rise of retail prices and fluctuations of brand market shares, while the borders between segments have become blurred. The main events in the industry have been: the announced revision of the beer excise policy, launch of BeerKhan brand in the strong beer segment, and most important – purchasing assets of Shymkentbeer by Arasan.

US. Former president of Capital Brewery leads attempt to buy company

Capital Brewery, one of the state’s largest and oldest craft brewing companies, is being pursued by a group of private investors.

Carl Nolen, who was asked to leave the company July 6, said Thursday he is leading a group of investors who want to buy the brewery, currently owned by more than 1,400 stockholders.

The proposed purchase, along with a new infusion of money into the 25-year-old business, is designed to double or even triple the brewery’s annual production of 25,000 barrels of beer and increase the size of the Middleton brewery.

Details of an offer were not made public, but Nolen, 53, who is joined by his brother Mark Nolen, 63, a longtime banking executive, said it would take millions of dollars to grow and expand the business, which had $5.3 million in sales in 2010. He declined to disclose the other investors in the group.

“I’ve been thinking about how we grow this company for a long time,” Carl Nolen said. “Our plan is to tender a fair and equitable offer to all the stockholders of Capital Brewery as soon as possible.”

The board’s chairman, Scott Wiener, said he was unaware of Nolen’s plans until a reporter contacted him on Thursday. He is the company’s largest shareholder and was appointed president after Nolen’s removal. He declined to say why Nolen was removed.

Wiener was unsure if the proposal, which he had not seen, would be considered hostile.

“This is the first of I’ve heard of it,” Wiener said. “I don’t have anything to say until I find out more about what’s involved. This is news to me.”

A purchase price would likely be based on the company’s revenue and earnings before interest, taxes, depreciation and amortization, said Ryan Buckley, a vice president with Livingstone Partners in Chicago, an international investment banking firm that specializes in raising capital and unique transactions.

Both Nolen and Buckley said that expanding by taking on debt could be risky, as cash flow could be tied up in debt payments rather than in sales, marketing and creating new products.

The move by Nolen is meant to capitalize on the continued double-digit growth of the craft brewing industry while overall U.S. beer sales were down an estimated 1 percent in 2010, according to the Colorado-based Brewers Association.

Despite the growth, the 9.9 million barrels of craft beer amounted to less than 5 percent of total beer sales.

Nolen said craft beer could get 10 to 15 percent of the market.

“I don’t see it going backwards anytime soon,” Nolen said. “There’s no question the (craft beer) category is set up for growth.”

22 Июл. 2011

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