The trend of complication of Russian beer market is going on and in several directions at the same time. The range has got wider, the import and small segments are growing, namely craft beer, alcohol-free beer and special flavor beer. At the same time, all ex-mega brands and light lagers by Russian brewers are experiencing a decline of their shares. AB InBev Efes, Heineken, MBC and Pivzavod Trekhsosenskiy have exceeded the market, Carlsberg was developing slower than the market and Ochakovo as well as some other mid-sized breweries have been cutting down their volumes. To a big extent brewers’ performance was connected to their ability to reach agreement with networks, sacrifice their margin and enter new markets. Craft brewers are facing a serious danger of producers’ registration introduction – de facto licensing. ...
The global outlooks of the legal market of cannabis are excellent. It is possible to simultaneously imagine dry law repeal and craft brewing boom but not in one but in several consumer categories. For alcohol is contained in liquids and cannabis derivatives can be in three physical forms.The value of legal market of cannabis and its products can reach 10% of the world beer market in five years, and in 2030-2040 even reach the same scope provided the current rates of legalization and development of market infrastructure remain at the same level. Cannabinoids are actively integrating into the food industry from chewing gum to beverages deforming the pharmaceutical and alcohol markets, they influence the trends of healthy lifestyle and beauty. ...
Beer market of Kazakhstan acquired both traits of East European countries and South Eastern Asia taking a transitional position between them by many criteria and consumption style. Yet there is a positive trend in beer production which differs Kazakhstan from most of the neighboring countries. The market has remained consolidated in the hands of two international players because of its small size. However, it faces dynamic processes such as fast growth of draft beer sales, up and downs of regional companies and Carlsberg Group’s ultimate expansion. Excessive mainstream segment has declined over the recent years, yet, Zhigulevskoe and national brands with regional links have yielded their positions to a range of new products. In our review special attention was paid to regional analysis of the markets. In 14 regions of Kazakhstan we compared the companies’ positions, the market price segmentation and DIOT channel development. Besides we have compared the beer market of Kazakhstan to neighboring countries. ...
SABMiller seeks official review of Foster’s accounts
* SABMiller says net debt figures don't meet Australian standards
* Panel to review application to be established on Monday
* SABMiller trying everything it can to keep down price-analyst
Global brewer SABMiller , embroiled in a $10 billion battle to take over Foster's Group , has asked Australia's Takeovers Panel to examine financial statements made by Foster's that it claims are "misleading and deceptive."
SABMiller has made a A$4.90 per share hostile bid for Foster's, Australia's largest brewer, which Foster's board rejected as being too low to be "worth discussing."
Foster's released a statement from the takeover watchdog to the stock exchange on Friday, which said SABMiller had asked the panel to force Foster's to clarify information released in its financial statements.
Analysts said while it was not uncommon for a takeover predator to take issue with comments that a target company makes in relation to the bid, it was more unusual for a suitor to attack its target's accounting methods and profit statements.
"My impression is that they are trying to do everything they can to make sure they don't have to increase their offer price," said Daniel Nelson, an analyst at Constellation Capital Management.
Foster's, the maker of Victoria Bitter, Carlton Draught and Pure Blonde, reported a 9 percent slide in second-half profit on Aug. 23, a rare decline with beer margins falling for the first time in a decade and volumes declining.
In a statement, the Takeovers Panel said SABMiller claimed that Foster's had made "misleading and deceptive" statements in its profit announcement last month.
SABMiller argued there was "no reasonable basis" for several forward-looking statements made in Foster's results presentation, according to the Takeovers Panel.
SABMiller also claimed that the net debt figures published by Foster's did not meet Australian accounting standards.
George Durbridge, acting counsel on the Takeovers Panel, said the body would assemble a panel of experts on Monday to review the application by SABMiller.
If the panel decides to review the merits of SABMiller's claims, a final decision on the case could come within two weeks, he told Reuters.
A spokesman for Foster's said the brewer could make no comments on the claims by SABMiller because the matter was before the Takeovers Panel.
SABMiller, the world's second-largest brewer, took its offer directly to shareholders last month after the Foster's board rejected its initial approach. Shareholders are hoping for an offer above A$5 a share.
SABMiller, which makes Peroni, Grolsch and Miller Lite, has long been seen as the favourite to take over Foster's given the lack of potential rivals and the London-based brewer's desire to have a range of global businesses.
Shares in Foster's ended flat at A$4.86 on Friday, below the A$4.90 offer from SABMiller, but outperforming a broader market down 1.5 percent.
2 Сен. 2011