Craft beer is emerging as a new area of interest for private equity investors. Last month, Gateway Brewing Co. said it is in talks to raise $3.3 million from private equity investors to expand its presence and start bottling operations. (more…)
To bring the kegger home, it’s mandatory to have a one-day liquor permit from the excise department.
For the first time in India, beer enthusiasts in Mumbai can bring craft beer home in handy five-litre keggers, courtesy the White Owl brewery in Lower Parel. (more…)
Carlsberg, the Danish brewer, opened its seventh brewery in India two years ago: a $25m plant, capable of brewing 50m litres a year of beer, in Bihar — a state of nearly 100m. Alcohol demand was growing in the state and the brewery was mostly intended to sate local drinkers’ thirst. But on April 5, the Carlsberg plant, like all the breweries and distilleries in Bihar, was ordered to halt production and shipment of its brews. (more…)
Oct 7 Vietnam’s government will list all its shares of top state-owned brewers, Sabeco and Habeco, on local stock exchanges before considering allowing any international industrial buyer to take a controlling stake, a senior industry and trade ministry official said. (more…)
Making sense of Bihar’s anti-liquor laws, particularly after conflicting developments in recent weeks, has become harder for companies that operate in the state. (more…)
After its trial run since 2014 in the Delhi market, Kaama Impex Private is all set to double the sales of its craft beer Witlinger in the country with a big marketing strategy planned for the current and next financial years (FY). (more…)
Chinese annual consumption of domestically made beer is falling by a level more than double the size of Australia’s total beer production, a response to both an economic slowdown and a change in drinking habits. (more…)
The fiscal year 2015-16 was a positive year for the beer industry with a return to volume growth despite regulatory issues. SABMiller India was able to grow sales revenue by circa 5% in the face of an increasingly competitive market place re-affirming again the strength of its brands. (more…)
Deputy Prime Minister Truong Hoa Binh has directed the Ministry of Industry and Trade (MoIT) to review the appointment of Mr. Vu Quang Hai, Deputy CEO of the Saigon Beer Alcohol Beverage Joint Stock Corporation (Sabeco). (more…)
The government is striving to receive the best prices and protect Vietnamese brands as it implements its plan of divesting itself from big state-owned enterprises. (more…)
