SABMiller subsidiary Miller Brands has signed a distribution deal with Van Steenberge Brewery and Sint Stefanus Monastery of Belgium, to launch a new craft beer, St Stefanus Belgian abbey beer, in the UK. (more…)
Rumours have been circulating for over a year now that Anheuser-Busch InBev (ABI), the world’s largest brewer would like to acquire SABMiller, the second largest global brewer. If such a deal were ever to be consummated, it would create one of the world’s largest consumer companies, ranking in size with Procter & Gamble and Unilever. However, we believe that such a deal is far off in the distance, if at all, for a variety of reasons which will be explained in greater detail in this note. (more…)
Hot on the heels of its successful bid for Australian brewer Fosters, SABMiller has clinched a deal with Turkey’s largest brewer, Anadolu Efes (Efes), earning it a standing ovation from analysts.
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SABMiller plc (SAB.L) and Molson Coors Brewing Company (NYSE: TAP; TSX) reported that MillerCoors third quarter underlying net income, excluding special items, decreased 14.1 percent to $286.9 million versus the third quarter 2010, driven by a weak economy, low consumer spending and commodity inflation. (more…)
Chinese brewers are making an aggressive push into premium beer, lured by high margins and huge growth potential, posing a tough challenge to the foreign companies that dominate the category in the world’s largest beer market. (more…)
Filipinos have long preferred beer — specifically San Miguel — to wine, but wine distributors believe that’s changing. (more…)
SABMiller plc summarized the first six months of the current fiscal year that started April 1, 2011*. Miller Brands Ukraine , the Ukrainian branch of SABMiller, demonstrated considerable production growth amidst beer market collapse in the Ukraine. (more…)
SABMiller plc (SAB.L), one of the world’s largest brewers, today announces the launch of the first ever commercial-scale cassava-based beer. The beer, ‘Impala’, will be brewed in Mozambique by SABMiller’s local subsidiary, Cervejas de Mo?ambique (CDM). (more…)
United Breweries Ltd. (532478.BY) said Monday second-quarter net profit fell 11%, pressured by higher costs and increased interest outgo. (more…)
Otter Creek Brewing Co, LLC of Middlebury, Vermont is pleased to announce that an agreement is in place with Ken and Kathleen Strong, the founders of the legendary The Shed Restaurant in Stowe, VT- to have Otter Creek Brewing acquire The Shed Brewery and the award winning Shed brand family of ales. (more…)
