Heineken Announces New Regional Presidents

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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

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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…)

Modelo, Molson eyeing joint Foster’s bid -source

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* 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. Craft Brewers Alliance Names Andrew Thomas President of Commercial Operations

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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…)

Russia. Barley and malt

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Malt: still at the bottom Records of Federal Service of State Statistics show that in 2010 malt production decreased by 4% and comprised 1 011 thousand tons. Despite the decrease, this trend could be considered positive for malt manufacturers, as it denotes stabilization after a prolonged setback in production which was persisting since 2007. Taking into consideration poor harvest which resulted in malting barley deficiency and, at the same time, a perceptible increase in tradable malt output in autumn 2010, it is possible to suggest that there developed a balance between supply and demand. In 2010 beer production decreased to the extent, comparable with malt output, by 5%, but its slight growth is expected in 2011. At the time of writing, beer production was already showing signs of recovery, although the dynamics of the first quarter does not yet indicate any trends. The fact is that from September to December 2009 brewing enterprises required additional volume of malt, and at the beginning of 2010, due to the drop in production and negative expectations, large volume of malt was not necessary any more. It is obvious that this slight movement was connected with the fact that distributors stocked up on additional beer…

New horizon of “Miller Brands Ukraine”

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In March 2011 the general manager of Private Joint Stock Company “Miller Brands Ukraine” (formerly Closed Joint-Stock Company “Sarmat”) Igor Tikhonov summarized the results of the work which has been performed by the company for two and a half years since the day of Donetsk enterprise SABMIller plc purchase. Integration into the framework of the parent company is completed. The main strategic mission of Ukrainian subdivision today is to create a coherent portfolio of brands, which could include international and local trademarks. “Sarmat” brand was the foundation which served as the basis for license brands emergence and growth but in the course of time its role will become of minor importance. (more…)