SABMiller to invest $260m in Africa
SABMiller plans to invest around $260m to expand the capacity of its subsidiaries in Ghana, Tanzania, Uganda and Zambia next year. (more…)
Sector magnet drinktec 2013 attracts more and more companies from abroad
drinktec is once again exercising a magnetic pull on the sector. Companies from abroad in particular are more than ever attracted to the Worldґs Leading Trade Fair for Beverage and Liquid Food Technology. Over half of the applications from prospective exhibitors – and 20 percent more than the same point in preparations for the last drinktec – have come from companies based outside Germany. The next drinktec takes place from September 16 to 20, 2013 at the Messe Mьnchen exhibition center. (more…)
Carlsberg Ukraine to start bottling alcohol-free beer for Euro 2012 fans in May
Carlsberg Ukraine, the largest beer and beverage producer in Ukraine, in May will start bottling Carlsberg alcohol-free beer to sell it at stadiums during the hosting of the Euro 2012 European football championship, the company’s press service has reported. (more…)
SABMiller Says Modelo, Heineken Thwart Mexico Beer Choice
SABMiller Says Modelo, Heineken Thwart Mexico Beer Choice
By Crayton Harrison and Brendan Case – Mar 2, 2012 11:31 PM GMT+0200 .LinkedIn Google +1 Print QUEUEQ..Grupo Modelo SAB (GMODELOC) and Heineken NV (HEIA) are blocking consumer choice in Mexico, the world’s sixth-biggest beer market, with inducements to businesses to thwart rival brewers, SABMiller Plc (SAB) said. (more…)
AB-InBev on Shortlist for China Brewery Deal
Anheuser-Busch InBev NV, the world’s biggest brewer, and two Chinese brewers are on the shortlist to buy most of the operations being sold by China’s Kingway Brewery Holdings Ltd, sources with direct knowledge of the matter said. (more…)
Molson Coors unveils iced-tea-flavored Coors Light
Good news, refreshment seekers: The days of having to pour iced tea into your Coors Light are over. (more…)
SABMiller Loses to Kingfisher in Battle Over India’s Beer Market: Retail
Indians sip only two liters of beer a year, just one-twentieth the amount consumed by Chinese and less than one-fortieth by Americans. SABMiller Plc (SAB), Anheuser- Busch InBev NV (ABI) and Carlsberg A/S (CARLB) see that as an opportunity. (more…)
Asahi seen as frontrunner to buy StarBev -sources
* Japan brewer tipped to buy east European beermaker StarBev
* Sale of CVC’s StarBev could come within two weeks
* StarBev sale could raise about $3 bln for CVC Capital (more…)
Forbes Earnings Preview: Anheuser-Busch InBev
In the month leading up to the Anheuser-Busch InBev’s (BUD) third quarter earnings announcement slated for Thursday, March 8, 2012, expectations have risen for the upcoming results. (more…)
Anheuser-Busch Test Markets Margarita-Flavored Beer
Apparently the new malt beverage is to be called Lima-A-Rita. AB-InBev received labeling permission for the 6-percent-alcohol brew in January. (more…)