Finland. Raisio sells its malt business to Viking Malt
Raisio plc has sold its malt business to Viking Malt Ltd, the largest malt manufacturer in the Nordic Countries. (more…)
SABMiller announces agreement to bring Belgian Abbey beer to select markets
SABMiller plc [SAB:LSE/SAB:JNB] announces that it has entered into a distribution agreement with the Van Steenberge brewery in Ertvelde, Belgium, to distribute SABMiller’s first Belgian beer in select markets. (more…)
SABMiller May Struggle to Increase $10 Billion Foster’s Bid on Few Savings
SABMiller Plc (SAB), whose A$9.5 billion ($10.2 billion) offer for Foster’s Group Ltd. (FGL) faces resistance from the Australian brewer, may find its ability to pay more hampered by a paucity of cost savings. (more…)
US. Brewers Association Federal Tax Efforts Featured on Fox Business
Bob Pease, COO of the Brewers Association (BA), appeared live this week on Fox Business to discuss the Brewers Association’s efforts in support of legislation that would recalibrate federal excise taxes for America’s small and independent brewers. (more…)
Heineken, Google Agree to Cooperate on Digital Advertising, FT Reports
Heineken NV (HEIA) and Google Inc. (GOOG) have agreed to cooperate on digital advertising, including YouTube video and mobile adverts, in a deal that will cover more than 20 international markets, the Financial Times reported. (more…)
Asahi, Kirin to Jointly Distribute Beer, Drinks in Tokyo
Asahi Breweries Ltd. (2502) and Kirin Holdings Co. will jointly distribute some beverages in Tokyo to cut costs and emissions at the nation’s two largest beermakers. (more…)
Anheuser-Busch InBev Targets Super-Premium in China With Stella Artois Roll-Out
Anheuser-Busch InBev has lined up a push for Stella Artois in China as it looks to up the presence of its global beer brands in the country. (more…)
Foster’s Says No Contact With SABMiller Since Bid Rejected
Foster’s Group Ltd. (FGL), Australia’s biggest brewer, hasn’t been in contact with SABMiller Plc (SAB) since rejecting a A$9.5 billion ($10 billion) takeover offer from the maker of Peroni and Grolsch last week. (more…)
Tsingtao to open new brewery in Jieyang
Tsingtao Brewery Company Limited, China’s largest and the world’s sixth-largest brewer, is building another new plant in China, this time in Jieyang city, Guangdong province, Chinese newspapers reported on Monday. The company and and Guangdong Jieyang City signed an investment agreement on June, 24. (more…)
SABMiller to enter speciality beer market
Global brewing giant SABMiller PLC /quotes/zigman/309144 SBMRY +3.38% said Thursday it will enter the high growth market of specialty beers, where its main competitors Belgian Anheuser-Busch InBev NV (ABI.BT) and Dutch Heineken NV (HEIA.AE) are already active, with a distribution agreement with the Belgian Van Steenberge Brewery. (more…)