Brazilian beer market is forecast to increase
Premium beer, which currently accounts for 5% of sales in the Brazilian beer market, is expected to increase its share by 3% to 8% in 2012. (more…)
India. United Breweries launches super-premium beer Heineken
United Breweries introduced locally brewed and botted Heineken lager in Mumbai and Pune this month and will roll it out across 7-10 other markets by the year end, the company said. (more…)
SABMiller preparing new Foster assault
Global brewer SABMiller is set to renew its assault on Australian bid target Foster’s later this month with a slightly higher offer likely to succeed after rival bidders fail to appear, bankers and investors. (more…)
US. Senators Tout Small Brewer Bill for Job Creation
Two senators visited craft brewers on Tuesday, August 8th, bringing attention to the proposed Brewer’s Employment and Excise Relief Act (S. 534). The Senators recognize the bill as a way to create jobs, and support “Main Street” businesses which help to keep money in local communities and states. (more…)
AB InBev to reap benefits of price hikes in Q2
* Group Q2 results on Aug 11 at 0600 GMT
* Core Q2 profits expected to rise 11 percent
* Beer volumes seen flat, after Q1 drop (more…)
UK tax cut for low-alcohol beer will have no major impact on industry, Euromonitor
The UK tax duty reduction on reduced alcoholic beer will not have a strong impact on the beer industry, at least not in the short-term, according to Euromonitor. (more…)
Japan. Retailers move into brewing
Major retailers are stepping up efforts to compete with leading beer manufacturers by developing and marketing low-priced house-brand beer. (more…)
Australia. CCA to stay in beer market
Soft drink supplier Coca-Cola Amatil (CCA) says it will re-enter the beer market despite having to give up its beer operations if SABMiller succeeds in taking over Foster’s Group. (more…)
Judge Suspends Purchase Of Brazil Brewer
A judge has ordered the temporary suspension of a $2.53 billion deal that would give Japan’s Kirin Holdings Co. a controlling stake in Brazilian beer producer Schincariol. (more…)
Britain to cut taxes on low-alcohol beers
Major breweries in Britain have plans to develop low-alcohol beers, following a new government measure to cut down duty on low-alcohol beers, which is set to be implemented this October. (more…)