ROMANIA: Beer market drops 16% in last two years
The unstable economic environment in 2010 resulted in a decrease of the beer market by 3.5% over 2009 reaching a total volume of 17 million hectoliters. (more…)
BELGIUM: Duvel Moortgat’s consolidated turnover grew 21,2% in 2010
In 2010 Duvel Moortgat, Belgian specialty brewer, managed to record “a fine growth”, the company announced on Tuesday. Owing to the relentless attention to quality as well as the efforts and drive made by its staff, Duvel Moortgat managed to register a rise in turnover for nearly all its beers in the priority markets. (more…)
Graincrop buys Kirin malthouse
GRAINCORP has agreed to buy all shares in malt house operator Kirin Australia from Japan’s Kirin Brewery Company Ltd for $10.55 million. (more…)
Australia. Competition a casualty in beer wars: Xenophon
Australia’s two major grocers are ”drunk on market power” according to Senator Nick Xenophon, responding to revelations that brewer Foster’s halted shipments when it learned of big supermarkets’ plans to sell slabs of beer below cost. (more…)
US. Lawmakers Serve BEER Act for Consideration
Breweries across the country are saying ‘Cheers’ to a proposed BEER Act. (more…)
US. Texas Beer Distributors Back Legislation to Support Three-Tier System
Legislation that would benefit Houston’s Saint Arnold and other Texas brewers picked up a major endorsement Tuesday: the distributors’ lobby. (more…)
Fierce battle in beverage market as SABMiller re-enters Kenya
Giant beverage manufacturer SABMiller Plc has re-entered the Kenyan market after acquiring Crown Foods Limited, the producer of Keringet brand of natural mineral water. (more…)
SABMiller raises expectations for Africa growth
At an investor seminar this morning, SABMiller updated its medium term guidance for its Africa division. Expectations for revenue per hectolitre growth have increased from a range of 1 to 3%, to a range of 3 to 5%, subject to currency fluctuations. (more…)
US. Granite City Food & Brewery to Launch Bottled Beer Line
Granite City Food & Brewery (Nasdaq: GCFB) today announced the launch of a bottled beer line in retail stores outside of their 26 restaurants throughout the Midwest. (more…)
Coors Light Continues Successful Expansion Across Latin America & Caribbean
As part of its ongoing global growth strategy, Molson Coors Brewing Company (NYSE: TAP) announced today that it has introduced Coors Light to beer drinkers in the Dominican Republic. (more…)