US. Boston Beer Reports Fourth Quarter 2011 Results

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The Boston Beer Company, Inc. (NYSE: SAM) reported net income for the fourth quarter of $17.8 million, or $1.33 per diluted share, an increase of $5.6 million, or $0.46 per diluted share, from the fourth quarter of 2010.  (more…)

CVC Said to Hire Adviser After Japanese Approaches for StarBev

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CVC Capital Partners Ltd., the British private equity firm that owns Formula One, is weighing whether to pursue a sale of Staropramen brewer StarBev after receiving approaches for the company, three people with knowledge of the plans said. (more…)

Carlsberg To Boost Russian Operations As Profit Surges

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Brewer Carlsberg A/S said Monday, as it reported a sharp rise in fourth-quarter net profit, that it will spend a up to DKK6.5 billion ($1.16 billion) to gain full control of brewer Baltika Brewery in a bid to swing its ailing Russian business back to growth. (more…)

drinktec: New Technology for New Products

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In January 2012 France introduced its new “cola tax” for all drinks containing added sugar or sweetener. Hungary has had its own “chips tax” – targeting excessively sweet drinks among other things – since September 2011. (more…)

drinktec: Don’t Leave Footsteps!

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Don’t leave footsteps! This imperative originated in rock-climbing, in a particular form of modern sport climbing that aims to leave minimum traces behind on the rock. (more…)

Kirin Holdings Full-year Profit Declines

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Japanese brewer Kirin Holdings Co. reported Friday a lower profit for the full year 2011, citing a slowdown in overseas economies and rising value of the yen. The company also issued guidance for the first half and full year 2012. (more…)

EABL takes on SABMiller with a Sh3.9bn war chest

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East African Breweries Limited is set to invest Sh3.9 billion to boost beer production in the region in an effort to protect its market that has come under renewed attack from rivals SAB Miller and Heineken. (more…)