Small brewers say they’re victims in Miller-Bud war
A Wausau craft beer brewer is up in arms about a state budget provision he said could make it difficult to expand and will deter others from opening breweries. (more…)
Judge Rules Against Molson Coors in NHL Sponsorship Spat
A Canadian judge on Friday put Molson Coors Brewing Co.’s (TAP) sponsorship deal with the National Hockey League in doubt after ruling the league had reneged on an existing deal with Labatt Breweries, according to the Toronto Star. (more…)
Australia. Pre-mixed beverages down, wine consumption up, beer still preferred drink
Apparent consumption of Ready to Drink (pre-mixed) (RTDs) beverages decreased 1.9% in 2009-10, following a fall of 30% in the previous year, according to figures released on Thursday by the Australian Bureau of Statistics (ABS). (more…)
Heineken Announces New Regional Presidents
Heineken N.V. today announced that Siep Hiemstra (56), currently Regional President Asia Pacific, will succeed Tom de Man (63) as Regional President Africa and the Middle East, following Mr de Man’s retirement after a highly successful 40 year career at Heineken. (more…)
Foster’s Says It Is Aware of Buyout Talk
Australian brewing giant Foster’s Group Ltd. said Friday it had nothing to disclose in regard to a potential buyout of the brewer after media reports indicated bidders were beginning to circle. (more…)
Carlsberg to own 90% of its India unit as Sri Lankan investor plans exit
Danish brewer Carlsberg stands to own 90% of its India operations as Sri Lanka . investor Lion Brewery Ceylon sells its stake to focus on the Sri Lankan beer market. The buy out, subject to shareholder nod, would enable Carlsberg own twice the stake it held before. (more…)
Modelo, Molson eyeing joint Foster’s bid -source
* Molson, Modelo weigh joint bid for Foster’s – source
* Banks including BoFA, Deutsche helping w/ financing
* Foster’s ADRS up 5.5 pct; Molson shares down 3 pct (Adds company background, details on potential bidders, analyst comment, Molson Coors closing share price) (more…)
US. Ala. Legislature expands brew pubs, breweries
Beer enthusiasts are toasting the Alabama Legislature for passing a bill that they hope will lead to a resurgence of brew pubs and the opening of more breweries. (more…)
Europe’s brewers provide 1 billion Euros per year to support community events
Thousands of public events across Europe depend heavily on sponsorships by European brewers and could be in danger amid ongoing scrutiny of such financial support that totals nearly €1 billion annually, according to a new study commissioned by The Brewers of Europe. (more…)
US. Craft Brewers Alliance Names Andrew Thomas President of Commercial Operations
Craft Brewers Alliance, Inc. (CBA) /quotes/comstock/15*!hook/quotes/nls/hook HOOK -1.60% , an independent craft brewing company, has hired Andrew (Andy) Thomas to complement and enhance the company’s growth opportunities in providing quality craft beer and new beer experiences to consumers. In his role as the president of commercial operations, Thomas will be accountable for all sales and marketing activities at CBA and will report directly to CEO Terry Michaelson. Thomas recently served as a consultant for CBA. (more…)