Premium Lager and Dark Beer markets see growth in 2011
The UK premium lagers and beers industries saw modest amounts of growth in the 5 years to 2011, according to the Key Note Market Report Update, Premium Lagers, Beers and Ciders, while the premium ciders market showed no movement in value over the 5-year period. (more…)
US. Boston Beer Reports Fourth Quarter 2011 Results
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…)
US. Small brewers back bill to change state distribution rules
Massachusetts brewers are pushing for a new law they say will level the playing field and allow them to move between distribution companies with fewer restrictions. (more…)
UK/US: Boston Beer Co ties with Shepherd Neame in UK
US craft brewer Boston Beer Co has agreed a deal with the UK’s Shepherd Neame that will see the Samuel Adams brand brewed outside its home market for the first time. (more…)
CVC Said to Hire Adviser After Japanese Approaches for StarBev
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
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
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!
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
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…)