Plze?sk? Prazdroj will be investing CZK 150 million in a new PET bottling line at its Plze? brewery. The line will be located in Prazdroj’s Plze? brewery in the current packaging hall, and its maximum capacity will be 18,000 bottles per hour. (more…)
Foster’s Group has blamed falling beer sales and the strength of the Australian dollar for a drop in its half-year profit. (more…)
The output of Czech breweries sank by 8 percent to 17.1 million hectolitres, the lowest amount since 1989, according to preliminary estimates (more…)
Kirin Holdings (2503.T) will sell its entire 25 percent stake in Dalian Daxue Brewery to Anheuser-Busch InBev (ABI.BR) (more…)
Foster’s Group (FGL.AX), Australia’s largest brewer, pushed ahead on Tuesday with plans to split its beer and wine businesses, but it risked dampening bidder appetite for either unit by also reporting soft first-half profits. (more…)
Anheuser-Bush InBev has begun converting US$8bn of its debt to freely tradable notes. (more…)
The Coffer Peach Business Tracker, which monitors sales performance across 18 major pub and restaurant operators, including Mitchells & Butlers, Whitbread, Pizza Hut, Punch Pub Co, Gondola and Tragus, reported like-for-like sales up 10.7% in January on last year. Total sales, including new openings, were up 11.4%. (more…)
Pinsent Masons and TLT Solicitors have been toasting their success after winning mandates on the ?20m sale of Cornwall-based Sharp’s Brewery to Molson Coors. (more…)
Roughly 2.38 billion litres of beer was consumed in 2010, an increase of 19.8 per cent compared with 2009. Domestic beer consumption in 2011 is expected to reach 2.8 billion litres, according to Ministry of Industry and Trade (MoIT). (more…)
The “under siege” board at Foster’s Group must divulge the potential uplifts in profit to be achieved by separating its beer and wine businesses, in the expected formalisation of its demerger plans tomorrow, according to analysts. (more…)
