Duvel Moortgat to Acquire Liefmans?
I can’t tell you for sure because my French is woefully inadequate, but it appears that Duvel Moortgat has put in a bid to buy the bankrupt Liefmans operations. (more…)
Diageo Tops Rivals to Buy Ethiopian Brewer for $225 Million, Agency Says
Diageo Plc (DGE), the world’s largest distiller, agreed to buy Ethiopia’s state-owned Meta Abo Brewery for $225 million after outbidding SABMiller Plc (SAB) and Heineken NV. (HEIA) (more…)
Soufflet takeover of Durst Malz announced
In a press release dated 29.09. the two companies announced the Merger of Heinrich Durst Malz GmbH & Co. KG with the French malting group Soufflet in Nogent sur ??Seine. As per market perception, one of the biggest, yet independent German maltster will rather be taken over by Soufflet. (more…)
Malting barley at current levels supported by a stable feed barley market
Despite the very tight supply with normal and good quality malting barley in the EU, the EU malting barley prices fell sharply in recent weeks. (more…)
Nigerian Breweries Buys Sona and Life to Expand Capacity
Nigerian Breweries Plc (NB), the country’s biggest beer-maker by market value, said it acquired Sona Systems Associates Business Management Ltd. and Life Breweries Co. (more…)
A flat tax on alcohol could be a heady prospect for the new owners of Foster’s
As SABMiller mulls over the many ways it can extract hundreds of millions of dollars in efficiencies from the Foster’s Group – including overhauling its Victorian and NSW breweries – it will have one eye focused on this week’s tax summit to see if a proposal to introduce a flat tax on alcohol gets any oxygen. (more…)
Kirin Said to Offer at Least 2 Billion Reais for Schincariol Minor Stake
Kirin Holdings Co., the Japanese brewer seeking control of Schincariol Participacoes e Representacoes, is offering at least 2 billion reais ($1.08 billion) to buy out minority investors in the Brazilian beer maker, said a person with knowledge of the process. (more…)
Heineken completes share repurchase programme
Heineken N.V. today announced that the share repurchase programme in connection with the acquisition of FEMSA Cerveza has been completed. (more…)
SABMiller brings in new president for Ursus Breweries
Andrew Highcock is the new president of Ursus Breweries, replacing Gary Whitlie who has decided to retire after spending 27 years with SABMiller PLC. (more…)
SABMiller looks to boost global integration
SABMiller is looking to bolster the effectiveness and coordination of its global marketing activity with the appointment of WPP veteran Jim Taylor to lead integration. (more…)