Pivnoe Delo
abbey-beer-icon

pivnoe-delo_logo5

Top articles

Journals

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.

AB-InBev on Shortlist for China Brewery Deal

Anheuser-Busch InBev NV, the world's biggest brewer, and two Chinese brewers are on the shortlist to buy most of the operations being sold by China's Kingway Brewery Holdings Ltd, sources with direct knowledge of the matter said.

The deal value could be as high as $700 million and the short-listed bidders are expected to conduct due-diligence over the next two months, one of the sources said.

China Resources Enterprise Ltd, which owns Snow beer brand, and Beijing Yanjing Brewery Co Ltd are among the other companies that have advanced to the next round, the sources said.

Foreign and Chinese brewers are jostling to grow their market share in China, the world's biggest beer market, and Kingway's planned sale is one of the few sizeable brewery assets that has come up for sale in recent times.

The eventual winner can benefit from strong growth in China's beer consumption. China's beer demand hit 450 million hectoliters in 2010, nearly twice that of the United States, and is expected to grow 5% per year in coming years, double the 2.5% growth forecast for the global market for 2011.

Kingway, with a market value of about $655 million, has said it does not plan to sell an equity stake in the company. The stock was trading up 2.0% on Friday afternoon, outperforming the 1% gain of the broader market .HSI.

The stock is up about 38% so far this year on expectations of strong bidding.

Kingway Brewery has invited bids for equity stakes in six breweries, all beer and beer-related trade marks, domestic and overseas distribution networks, the sources said. The company plans to retain two of its production facilities, one of the sources said.

Anheuser-Busch and China Resources declined comment, while Kingway and Yanjing officials were not immediately available for comment. The sources declined to be identified as the discussions were private.

COMPETITORS

AB-InBev was the third-biggest brewer in China with a market share of 11.4% in volume terms as of 2010, according to data compiler Euromonitor. Its main breweries are in Fujian Sedrin in southeast China, and Harbin in the northeast.

China's largest brewer China Resources Snow is a joint venture between China Resources and SABMiller Plc.

SABMiller has said that any deal in China would be through its CR Snow joint venture, in which it own 49 pct with the rest owned by China Resources Enterprise.

AB-Inbev has always stressed it looks to control its own operations in China and analysts say a deal with Kingway would complement its footprint in China.

In April last year, GDH Ltd, a unit of state-backed Guangdong Holdings Ltd, had exercised the right to buy the 21.37% stake in Kingway held by a Heineken NV joint venture in China, blocking a bid from China Resources.

GDH paid 1.08 billion yuan ($164.94 million) for the stake, increasing its holding to 73.82%.

Kingway was previously jointly controlled by Asia Pacific Breweries Ltd, a unit of Singapore food and property conglomerate Fraser and Neave Ltd, and the world's third-largest brewer Heineken.

Read more: http://www.foxbusiness.com/industries/2012/03/02/ab-inbev-on-shortlist-for-china-brewery-deal/?#ixzz1oSMMxSHz

7 Мар. 2012

Advertising

gea
sidel100x100
portinox

Main topics

Exact matches only
Search in title
Search in content
Search in comments
Search in excerpt
Search in posts
Search in pages
Search in groups
Search in users
Search in forums
Filter by Custom Post Type
Filter by Categories
Home
Magazines
News
×