Canadian maltster to lower production
Prairie Malt Limited, a Canadian producer of malt for beer brewers, said on Thursday that it will reduce production (more…)
Prairie Malt Limited, a Canadian producer of malt for beer brewers, said on Thursday that it will reduce production (more…)
* SABMiller nets 10 out of 12 banks
* Dollar funding costs high for European banks
* Further syndication possible (more…)
Brewery startups are taking the U.S. by storm, stealing profits from big-name breweries and providing more access to craft beer for mug tippers from coast to coast. There were 1,759 new breweries opened last year according to the Brewers Association, putting every American within 10 miles of a brewery. (more…)
After almost six years, Robert Priday Woodworth, Managing Director of Uni?n de Cervecer?as Peruanas Backus y Johnston S.A.A is leaving the Peruvian operation of SABMiller. (more…)
Diageo Plc (DGE), the world’s largest distiller, surged in London trading after reporting improved full-year profit and targeting accelerated sales growth. (more…)
Kirin Holdings Co., Japan’s second- largest brewer, paid 3.95 billion reais ($2.5 billion) to gain a majority stake in the Brazilian maker of Nova Schin beer, adding Latin America’s biggest beer market to its global footprint. (more…)
Gary Haigh has been appointed as Managing Director of Miller Brands UK. Mr Haigh is currently President of SABMiller subsidiary Kompania Piwowarska in Poland and succeeds Nick Miller, who announced his resignation in July 2011. (more…)
Foster’s Group Ltd. (FGL), Australia’s biggest brewer, is open to discussing a “sensible” bid with SABMiller Plc (SAB) after refusing to enter detailed negotiations on the U.K. company’s hostile A$9.5 billion ($10 billion) offer. (more…)
Beijing Yanjing Brewery Co. Ltd. (000729.SZ), one of China’s largest brewers, is to acquire a 100% stake in Xingtai Tianniu Beer Co. Ltd. for RMB 107.72 million in a bid to build growth in the country’s emerging beer markets. (more…)
SABMiller, the second-largest brewer in India, will get a chance to regain its number one slot in the country’s largest beer market when Andhra Pradesh revokes a policy flip-flop that allowed United Breweries race to the top. (more…)