Malaysia. Costly beer next year?
Carlsberg Malaysia Brewery Bhd doesn’t expect an excise duty hike for the beer industry this year, but warned that it may have to raise product prices next year on the back of skyrocketing raw material costs. (more…)
SABMiller JV to bid for Shaoguan Huoli Beer
SABMiller-China Resources Enterprise JV, China Resources Snow Breweries (CR Snow), has plans to bid for Shaoguan Huoli Beer Co, a Guangdong-based brewery, in the process of its expansion in the southern province. (more…)
Russia. Baltika Breweries Holds Extraordinary General Shareholders’ Meeting
The Extraordinary General Shareholders’ Meeting was conducted on 1 September 2011 by absentee ballot. Baltika’s shareholders approved the conversion of preference shares to ordinary shares. (more…)
UK. Halewood International unveils new female-focused cider
Halewood International, a producer and importer of fine wines, spirits and speciality drinks in the UK, will launch new Lambrini Cider to both the Off-Trade and On-Trade on 28 September, targeting female consumers. (more…)
USA. Washington hops harvest under way in Yakima Valley
Diana Puterbaugh faced some skepticism in 1997 when she launched an online hop-sales business to serve craft and home brewers. (more…)
USA. How Miller Lite Killed The Beer Industry
Why has per-capita consumption of beer in the past three decades declined some 15%? (more…)
CR Snow Breweries Bids for Houli Beer; Eyes Guangdong Market
CR Snow Breweries Co. Ltd., China’s biggest beer maker by production volume, is planning a bid for Guangdong-based Shaoguan Huoli Beer Co. Ltd. as it seeks to expand its presence in the southern province. (more…)
Heineken starts next phase of share repurchasing programme
Heineken N.V. announced today that in connection with the acquisition of FEMSA Cerveza that was completed on 30 April 2010, it will begin the next phase of repurchasing its own shares up to a maximum value of €225 million. (more…)
Ukraine. “Slavutich”, Carlsberg Group Plans to Build a Logistic Terminal in the Southern Region
To date “Slavutich”, Carlsberg Group is considering proposals for the location of the site to build a terminal in the southern region of Ukraine. The reason for expanding warehouses is the growth of the company’s sales and the need to supply products to the territory of Moldova. (more…)
Foster’s loses ground to rivals in packaged beer segment
FOSTER’S continued to surrender market share in the crucial packaged beer segment in the July quarter, a development that is likely to strengthen suitor SABMiller’s hand in the $9.5 billion takeover battle between the two companies.
As Foster’s robustly defended its reporting practices before the Takeovers Panel yesterday, figures from market researcher Neilsen showed that CUB’s share of the local packaged beer market declined over the three months to the end of July. (more…)