Canada. Brewery expansion appealed by Creemore residents
A group of local residents opposed to expansion plans for the Creemore Springs brewery have taken their fight to the Ontario Municipal Board. (more…)
US. Boston Beer 4Q Results Miss Views, Shares Fall
The Boston Beer Co. (SAM) saw its shares slide more than 7% in after-hours trading on Tuesday, after the brewing company posted fourth-quarter earnings that missed expectations. (more…)
APB Records Increase in Net Profit Growth of 65% in First Quarter
•Attributable Net Profit rose 65% to S$115.7 million
•Profit before Interest and Taxation gained 53% to S$207.5 million
•Revenue grew 35% to S$856.9 million (more…)
APB Appoints New General Manager for Thai Asia Pacific Brewery Co. Ltd
Asia Pacific Breweries Ltd (APB) is pleased to announce that Mr Peter Ong will assume the position of General Manager, Thai Asia Pacific Brewery Co. Ltd (TAPB) from 15 February 2011. With his appointment, Mr Ong will lead and oversee the business and brewery operations in Thailand. (more…)
Heineken-APB China (HAPBC) Divests Stake in Kingway Brewery Holdings
•HAPBC expects to gain approximately S$76 million from divestment
•Offer price at a premium of 63% over Kingway Brewery’s closing price on 8 March 2011 (more…)
Changing tastes part of beer business
Jeff Hamilton is the president of Sprecher Brewing Co., succeeding Randy Sprecher. Sprecher Brewing saw revenue increase 10% last year vs. 2009 without increasing prices. The company has broadened its product mix to capitalize on the growing American craft beer market. (more…)
Barley shortages could have beer drinkers crying in their suds
Patio season is just around the corner, but a global shortage of brew-quality malt already has some brewers forecasting a possible price spike at the taps. (more…)
Changes to composition Heineken Holding N.V.’s Board of Directors
The meeting of holders of priority shares of Heineken Holding N.V. will propose that Heineken Holding N.V.’s Annual General Meeting of Shareholders appoint Mrs. C. M. Kwist (43) to the Board of Directors of Heineken Holding N.V., to succeed her uncle Mr. D. P. Hoyer (71). Mr. Hoyer is due to retire by rotation and, in view of his age, will not be proposed for reappointment. (more…)
Kirin Tries Sober Pitch
After unexpected success at home, one of Japan’s biggest brewers is bringing its zero-alcohol beverage to the U.S. in a test of American drinkers’ indifference to weak beer. (more…)
Consumers decide on the new launching of Cusque?a Red Lager
Local premium market innovation will continue (more…)