Global Beer Wars
It’s hard work growing an economy, and at the end of the day, the only way to unwind after all that hard work is to throw back an icy cold, watered-down macrobrew. (more…)
SABMiller brewing more beer in Ukraine as finances improve
Miller Brands Ukraine, a large domestic beer producer and subsidiary of international brewing giant SABMiller, sharply cut its losses in Ukraine last year while boosting output by 51.4 percent to 16.4 million deciliters of beer. (more…)
Mexico’s Femsa to spend on acquisitions in 2012
* Expects to find uses for $600 mln in net cash this year
* Co also plans to invest $1.1 bln in capex in 2012 (more…)
Boston Beer Q4 net income rises
US-based hand-crafted, flavored beer producer Boston Beer has reported $17.79m net income for the fourth quarter ended 31 December 2011, against $12.17m during the same period the previous year. (more…)
AB InBev, others mull bid for StarBev – sources
Anheuser-Busch InBev NV and other beer brewers are mulling a potential acquisition of StarBev, the owner of Czech lager Staropramen, sources familiar with the situation said on Tuesday. (more…)
Premium Lager and Dark Beer markets see growth in 2011
The UK premium lagers and beers industries saw modest amounts of growth in the 5 years to 2011, according to the Key Note Market Report Update, Premium Lagers, Beers and Ciders, while the premium ciders market showed no movement in value over the 5-year period. (more…)
US. Boston Beer Reports Fourth Quarter 2011 Results
The Boston Beer Company, Inc. (NYSE: SAM) reported net income for the fourth quarter of $17.8 million, or $1.33 per diluted share, an increase of $5.6 million, or $0.46 per diluted share, from the fourth quarter of 2010. (more…)
US. Small brewers back bill to change state distribution rules
Massachusetts brewers are pushing for a new law they say will level the playing field and allow them to move between distribution companies with fewer restrictions. (more…)
UK/US: Boston Beer Co ties with Shepherd Neame in UK
US craft brewer Boston Beer Co has agreed a deal with the UK’s Shepherd Neame that will see the Samuel Adams brand brewed outside its home market for the first time. (more…)