China Resources Enterprise Ltd. (291), the government-backed partner of SABMiller Plc. (SAB), said third-quarter profit grew 27 percent as its retail business opened more stores and an acquisition boosted sales. (more…)
Brewers must target the US’ fast-growing Hispanic population and young drinkers through marketing and product innovation to maintain its status as the country’s most-popular category, according to a survey. (more…)
Investing in one of the world’s largest brewers – Anheuser-Busch InBev (more…)
Goose Island founder & CEO John Hall is stepping down at the brewer to help establish a craft beer advisory board at parent company Anheuser-Busch InBev (more…)
Ireland-based beermaker Guinness has unveiled a holiday beer, Guinness Generous Ale. (more…)
The fact that the trade fair duo creates valuable synergies and that its concept is accepted by the Indian beverage and foodstuffs industry is also proved by the impressive figures on the exhibitor side. A 30% increase of space overall, including a 40% increase at drink technology India and a 20% increase at International PackTech India speak for themselves. The increase in space just for Indian exhibitors and branch offices, which were registered as exhibitors, amounted to 35% for both trade fairs. (more…)
“dti is a perfect platform for us to meet new customers and build associations for the future.“ (more…)
Over at Washington Monthly, Tim Heffernan has an in-depth piece [1]on a topic dear to my heart [2]: the stunning consolidation of the US beer industry. He points out, as I have before, that two vast, globe-spanning companies, SABMliler and Anheuser-Busch InBev, control 80 percent of the US beer market. Heffernan argues that the two companies have essentially hit a wall in getting much bigger here—consolidation is already so extreme that there just isn’t much more consolidating to do without provoking the ire of antitrust authorities. To increase their profits, he shows, the companies are moving toward a vertical-integration strategy: gunning for control of the distribution and wholesaling. That way, they can grow by extracting more revenue and profit out of each dollar Americans spend on beer. (more…)
Mr. Michael Adrian Norton Olsen and Mr. Richard Edzeame have been appointed the new Marketing and Supply Chain Directors of Accra Brewery Limited respectively, effective 1st November 2012. Mr. Olsen replaces Mr. Philip Norley, who has since left the company, whiles Mr. Edzeame is to take over from Mr. Tony Medway, who departs at the end of the year. (more…)
Sun InBev, the Russian subsidiary of Anheuser-Busch InBev, is to raise up to RUB22bn (US$692.3m) in a private share sale, according to local reports. (more…)
