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. ...
Foster’s Affirms Rejection of SABMiller’s $9.6 Billion Bid as ‘Inadequate’
Investors should reject the “inadequate” offer and are advised not to take action when SABMiller files its formal bidder’s statement, Melbourne-based Foster’s said in a letter to investors filed with the Australian stock exchange today. The offer is now worth A$4.7675 a share after adjusting for the 13.25 Australian cent dividend to be paid by Foster’s, it said.
Foster’s has opposed the offer since first disclosing an approach on June 21, instead committing to Chief Executive Officer John Pollaers’ plan to return at least A$500 million to investors and cut production costs to revive earnings. London- based SABMiller, the maker of Peroni and Grolsch, announced plans to take its offer directly to shareholders on Aug. 17.
“Your board will always act in the best interests of shareholders and will therefore give due consideration to any bona fide offers it receives,” Chairman David Crawford said in the letter. “There is significant future value available to you, as a shareholder, if Foster’s remains an independent company.”
The offer by the world’s second-largest brewer by volume was originally worth A$4.90 a share, or A$9.5 billion, prior to any dividend payments.
Foster’s shares fell 1.6 percent to A$4.83 at the 4:10 p.m. close of trading in Sydney.
SABMiller failed on Sept. 8 to get Australia’s Takeovers Panel to intervene in the bid after the body rejected its application to review statements from Foster’s about earnings forecasts and debt levels.
Foster’s has forecast revenue in the 12 months ending June 2012 will rise at a “mid single-digit” pace with earnings before interest and tax increasing faster.
Were the offer to succeed, SABMiller would gain just under half of the Australian beer market, including brews such as the namesake lager, Pure Blonde and Fat Yak.
Foster’s has said it’s open to talks on a “sensible” bid from SABMiller, without being more specific.
12 Сен. 2011