Cider, the golden apple of brewers’ eyes
Almost a thousand years since the Norman conquest made cider popular in Britain, brewers are launching cider invasions of their own, with the United States the main battlefield. (more…)
Heineken, Carlsberg ratings will survive French beer tax: Moody’s Investment Service
Moody’s says it will not downgrade its ratings of Carlsberg and Heineken, despite the potential harm a massive French tax increase in January could pose to national beer sales. (more…)
EA ripe for new investments in beer market, says report
The region’s recent discoveries of oil in Uganda, Madagascar, natural gas in Tanzania and bright prospects of oil in Kenya and Rwanda will expand the consumer base and the average East Africans consumption. (more…)
US. GR Brewery Announces $26 Million Expansion
Founders Brewing Co. in Grand Rapids is moving forward with a $26 million expansion. (more…)
East Africa market ready for new beer investments
The low levels of beer consumption in eastern Africa makes the market a prime investment destination, a newly-released industry report has said. According to the report by investment banker Imara, the average beer consumer in these markets takes less than their counterparts in western and southern Africa. (more…)
Mozambique. Cheap beer made from cassava and sorghum launched in Africa
SABMiller sells Impala as healthy alternative to moonshine (more…)
UK: Charles Wells sees FY profits slide, appoints new brewing MD
FY profits (after tax) fall by 9% to GBP6m
Net sales flat at GBP189m
EBITDA rises by 4% to GBP17.4m
International sales up 28% year-on-year (more…)
SABMiller plc: Bond Issue
SABMiller announces publication of ZAR 6,000,000,000 DMTN Programme Memorandum (more…)
New Belgium Growing Colorado Capacity to 840,000 Barrels
Two cranes, 16 tanks, six days. New Belgium Brewing will install 12 new fermentation vessels and four bright beer tanks (all 2,200 hectoliter) between December 17 and 22. (more…)
Century-old fight for Budweiser name hits new snag
AP Interview: Czech brewer rejects latest offer to settle 106-year fight over Budweiser name (more…)