Where is the non-alcoholic beer market heading to? Companies and brands. Baltika as a democratic leader. Heineken – how do you shake up the market and shove up the competitors. AB InBev Efes – premium corner. Non-alcoholic import beer. Non-alcoholic beer - Who drinks it? General conclusions. Summer beer. ...
“Catalogue of Russian Beer Producers 2020” includes 1285 businesses ranging from large subsidiaries of international companies to rather small restaurant and craft breweries.This issue has 171 more breweries compared to 2018 (155 business have been excluded and 326 have been included).Starting from 2019, FTS has been publishing data on excise payments by brewers (delayed by 1.5 years), that can be translated into beer equivalent for most of producers.Depending on the volumes, we ranked the brewers that provided information by 6 groups (see pic.). At one end of the production spectrum there are 2/3 of breweries outputting less than 10 thousand decaliters. Their net share amounts to as little as 0.2% of the total beer output volume. On the other end there are 6 federal groups accounting for almost 80%. ...
Dmitry Nekrasov’s Philosophy — on the Past, Present and Future of Ukrainian Brewing IndustryA meeting with Dmitry Nekrasov always turns into a training course: “Introduction to brewing business“. We are talking to a clever “playing trainer“ a person that can be called a godfather of the Ukrainian craft. He has a dozen of successful projects to his name. Dmitry told us about craft beer in Ukraine, on market cycles, on specifity of operating in retail and HoReCa, on union of Ukrainian brewers and certainly, how a brewery of his own, First Dnipro Brewery is doing.
The market of import beer in Russia: review and databasesThe market of import beer is rapidly growing and changing. But while in the past years it was growing due to brands variety, in 2019 major and affordable brands from TOP-10 were developing actively. It seems that the fact of a brand origin from far abroad counties, even if it is not well known but has moderate price and good distribution provides for million liters of sales in the territory of Russia. Among distributors AB InBev Efes was far behind, yet the role of Baltika and suppliers of the second row got more important. The boom of German brands was followed by stagnation of import from other traditional regions (and Belarus) instead the supplies from Mexico, Lithuania and Asian countries grew considerably.
Asahi seen as frontrunner to buy StarBev -sources
* Sale of CVC's StarBev could come within two weeks
* StarBev sale could raise about $3 bln for CVC Capital
By Victoria Howley and David Jones
LONDON, March 1 (Reuters) - Japanese brewer Asahi is emerging as a frontrunner to buy eastern European brewer StarBev in a deal expected to fetch up to $3 billion for private equity owner CVC Capital Partners, people familiar with the matter said on Thursday.
The private equity group, which bought StarBev in December 2009, is gearing up to sell the business in around two weeks after receiving approaches from a number of global brewing groups, the people said.
"Asahi have put a big price on the table, and we would expect a resolution in around two weeks time," said one person involved in the sale process.
All parties either declined to comment or could not immediately be reached for comment.
CVC bought the business from the world's biggest brewer Anheuser-Busch InBev, calling it StarBev after its Czech beer Staropramen, and although AB-InBev has the "right of first offer," bankers and analysts believe it will not be tempted as it has its eyes on bigger beer markets.
The most interest in StarBev so far has come from Asahi, Carlsberg, SABMiller and AB-InBev, while other brewers such as Heineken and Molson Coors were less enthusiastic, the people said.
"We would expect a result for someone in the next two weeks, and all the talk is of Asahi," one of the people said.
Although the business is in countries like the Czech Republic, Romania, Bulgaria and Hungary and has been hit by recent weakness in eastern European economies, it is still seen as a long-term growth story in a rapidly consolidating global brewing world.
Other Japanese drinks groups Kirin and privately owned Suntory have shown less interest. Kirin bought Brazil's second biggest brewer Schincariol for nearly $4 billion last year, while Suntory is not keen on buying into European beer, the people added.
Asahi, the brewer of Japan's top-selling beer "Super Dry" has been on the acquisition trail buying up New Zealand ready-to-drink cocktail maker Independent Liquor last summer for $1.3 billion in its biggest ever deal, and in recent years has bought a stake in China's Tsingtao and the Australian business of Schweppes.
Last year, Asahi president Naoki Izumiya signalled more overseas deals were likely and, after looking in China, Asia and Oceania, it would search outside those areas as it aims for over 20 percent of its sales from foreign markets by 2015.
AB-InBev sold the business to cut its debts after buying U.S. brewer Anheuser-Busch in 2008 for $52 billion, and analysts said it would be reluctant to buy it back as it does not have leading positions in the big eastern European beer markets of Romania and the Czech Republic.
The Belgium-based group makes around 80 percent of its profits from North and South America, controlling half the United States beer market and two-thirds of the Brazilian one, and these two areas with China and Russia are its key focus.
"We would be stunned if ABI were to buy back assets it sold to a private equity firm less than three years ago ... ABI has said its focus is on the U.S., Brazil and China, and we would not expect them to expand at this stage in central Europe," said Liberum Capital analyst Pablo Zuanic
Other European brewers like SABMiller, Heineken and Carlsberg would face anti-trust problems as all are major players in the region, with a SABMiller-StarBev combination potentially having a 63 percent market share of the Czech Republic beer market, 49 percent in Hungary and 39 percent in Romania.
SABMiller had considered linking up with its new Turkish ally Anadulo Efes to try and overcome anti-trust concerns but progress has been difficult. The London-based brewer swapped its Russian and Ukrainian operations for a 24 percent stake in Turkey's top brewer last year.
Amsterdam-based Heineken would have market shares of 44 percent in Romania, 46 percent in Hungary and 51 percent in Bulgaria in a StarBev linkup, while Denmark's Carlsberg would have 46 percent in Bulgaria, 76 percent in Serbia and 47 percent in Croatia, analysts have calculated.
The level of interest from trade buyers, means little scope for private equity to compete as they lack the level of potential costs savings a big brewer can achieve, analysts said.
CVC bought the business for around $2.2 billion with potential future payment of as much as $800 million based on CVC's return on its investment.
In Europe, the four brewing stocks closed higher, AB-InBev gained 1.6 percent to 51.21 euros, SABMiller was up 1.5 percent at 2,586 pence, Heineken edged forward 0.6 percent to 39.86 euros and Carlsberg advanced 0.7 percent to 442.30 crowns.
7 Мар. 2012