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. ...
Philippines. San Miguel Corp. planning P80 bln preferred shares offering
SMC intends to seek regulatory approval for the shelf registration of up to P80 billion worth of Series 2 preferred shares, or 1.066 billion shares at a price of P75 apiece. The shares will be issued for a period of three years.
The first tranche of the offer will involve the sale of 400 million preferred shares, yielding up to P30 billion, San Miguel said.
The company, however, did not indicate the timing of the issuance or how it intends to use the proceeds from the share sale.
SMC President and Chief Operating Officer Ramon S. Ang had said in October the company may raise as much as $1 billion from the sale of preferred shares to repay dollar debt.
In September, SMC raised P33.5 billion by selling preferred shares at P75 apiece to partly refinance P54 billion worth of similar securities due that month. Investors swamped that offering, which was five times oversubscribed.
San Miguel has some $13 billion equivalent of bonds and loans outstanding, according to data compiled by Bloomberg. Of that, US currency notes total $6.8 billion, with a weighted average fixed coupon of 5%.
Meanwhile, Mr. Ang on January 15 said the conglomerate will partner with Japan’s Kirin Holdings Co Ltd if it bids for SABMiller PLC’s Grolsch and Peroni beer brands.
Mr. Ang told Reuters San Miguel was still interested in acquiring the European beer brands through San Miguel Brewery Inc. Kirin owns nearly 50 percent of San Miguel Brewery.
He did not say whether his company had already submitted a bid.
Anheuser Busch InBev which agreed to buy SABMiller has sought bids for Grolsch and Peroni and attracted a number of international suitors.
SMC plans to at least double its revenues to $40-50 billion in the next five years, through organic growth and acquisitions, Mr. Ang had said in October.
Led by Mr. Ang, the country’s largest food and beverage company started an aggressive diversification program in 2007 that saw the conglomerate make a series of acquisitions in attractive growth sectors such as infrastructure, fuel and oil, energy, telecommunications and banking.
21 Янв. 2016