Zimbabwe. Delta invests $100m in two years
Delta Beverages chairman, Canaan Dube, says his company has invested more than $100 million in the last 24 months as it positions itself to fight off competition. (more…)
India. UB plans to increase area under barley
United Breweries Ltd, the market leader in India’s beer industry, is planning to increase its area under cultivation of barley — the main agri-commodity in brewing beer. (more…)
Australia’s Little World Beverages Sees 35% Rise in H1 Profit
Australian craft brewers Little World Beverages have posted a 35.4 percent rise in half-year profit, and predicted full-year net profit before significant or non-recurring items would be as much as A$8.8 million (US$8.88 million). (more…)
UK: 980,000 jobs depend on brewing and pub trade
A new report by leading economic experts Oxford Economics shows that 980,000 jobs in the UK depend on the beer and pub trade. (more…)
Mexico’s Modelo Q4 profit falls as peso gains
Mexican brewer Grupo Modelo (GMODELOC.MX) said fourth-quarter profit fell slightly, as the peso strengthened against the dollar, hurting the company’s foreign-currency investments. (more…)
Kenya: Diageo’s East African Breweries’ H1 sales rise
Diageo’s African beer subsidiary, East African Breweries, has survived a consumer shift towards lower-priced beers to report higher net sales in its fiscal half-year. (more…)
The real thing?
SIX months ago, if you ordered a Peroni Nastro Azzurro at your favourite pizza restaurant, or bought a slab of the well-known Italian brand at the bottle shop, what you got was a real imported beer, brewed in Rome. If you go into your favourite pizza place tonight and order a Peroni – or pick up a slab on your way to a barbecue tomorrow – the bottles will look the same, but the contents will probably have been brewed in Warnervale, on the NSW Central Coast. (more…)
San Miguel enters into new agreement with G K Skaggs
San Miguel Corporation (SMC), a Philippines-based food, beverage and packaging company, has reached an agreement with G K Skaggs, a global importer with a national distribution platform in the US, for import and distribution of San Miguel’s beer brands within the US. (more…)
SABMiller: Tsogo Sun, Gold Reef Resorts Merger Unconditional
SABMiller PLC (SAB.JO), the brewer which houses premium international beers such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft, and Grolsch, said Friday all conditions precedent relating to the merger of Tsogo Sun, its South African hotels and gaming associate, with Gold Reef Resorts Ltd. have been fulfilled or waived and accordingly, the transaction has become unconditional. (more…)
India. Q&A: Kalyan Ganguly, MD, United Breweries
United Breweries Ltd, with 53 per cent of the Indian beer market, has seen sound demand in the third quarter of the current financial year. Of the 230 million cases of beer sold in the country annually, 130 million cases are from UB. It is to introduce Heineken beer in the latter part of 2011. Kalyan Ganguly, managing director, discusses growth and challenges with Raghuvir Badrinath and Debasis Mohapatra. (more…)