China Resources Buys 21% Stake in Chinese Brewery Kingway
China Resources Holdings Ltd. has bought a 21.4 percent stake in the Chinese beer maker Kingway Brewery Holdings Ltd. (124) (more…)
$62.5 million Commonwealth Brewery IPO details revealed
With $8.33 a Bahamian can participate in the $62.5 million initial public offering (IPO) of Commonwealth Brewery Limited (CBL), and benefit from the company’s policy, rarely observed by equity issuers, of paying 100 percent of net income out as dividends. (more…)
China. Tsingtao Brewery plans to build overseas plants
Tsingtao Brewery, China’s largest beer brewer, said on Thursday it is planning to build more factories overseas. (more…)
US. Brew Master: The Craft Brewing Renaissance
In 1976, there were two craft breweries in America. Today, that number is closer to 1,600. This phenomenon has been dubbed “The American Craft Brewing Renaissance.” (more…)
UK alcohol consumption stabilises but beer woes remain
The decline in UK alcohol consumption came to a halt last year although beer sales continued to fall, according to government data. (more…)
US: Beer industry contributes $223.8 billion to U.S. economy
A new economic impact study shows America’s beer industry, made up of brewers, beer importers, beer distributors, brewer suppliers and retailers, directly and indirectly contributes $223.8 billion each year to the U.S. economy. (more…)
Ukraine. Every Eighth Beer Bottle Consumed Is TM “Lvivske”
Following the results of 2010 TM “Lvivske” takes the 3rd place in sales volume in the beer market of Ukraine. According to AC Nielsen, the brand share has increased by 2.6 percentage points compared to 2009, and now stands at 12.9 %. (more…)
UK: Beer exports up 24% in 2010
As newly published Government figures show an impressive leap in Britain’s beer exports, British Beer & Pub Association Chief Executive Brigid Simmonds says that the iconic sector can help towards an export led recovery, and now is not the time to load extra tax burdens on British brewers. (more…)
US. Senator Kerry Files Legislation To Help Craft Beer Breweries
Sen. John Kerry is renewing his push to give the country’s 1,600 small beer makers a tax break. (more…)
Norway: Beer sales down 3.2% in 2010
Beer sales in Norway decreased by 3.2% to 243 million gallons in 2010, according to figures from the Norwegian brewery and beverage association Bryggeri- og Drikkevareforeningen released on Monday. (more…)