Chinese brewers are making an aggressive push into premium beer, lured by high margins and huge growth potential, posing a tough challenge to the foreign companies that dominate the category in the world’s largest beer market. (more…)
Filipinos have long preferred beer — specifically San Miguel — to wine, but wine distributors believe that’s changing. (more…)
SABMiller plc summarized the first six months of the current fiscal year that started April 1, 2011*. Miller Brands Ukraine , the Ukrainian branch of SABMiller, demonstrated considerable production growth amidst beer market collapse in the Ukraine. (more…)
SABMiller plc (SAB.L), one of the world’s largest brewers, today announces the launch of the first ever commercial-scale cassava-based beer. The beer, ‘Impala’, will be brewed in Mozambique by SABMiller’s local subsidiary, Cervejas de Mo?ambique (CDM). (more…)
United Breweries Ltd. (532478.BY) said Monday second-quarter net profit fell 11%, pressured by higher costs and increased interest outgo. (more…)
Otter Creek Brewing Co, LLC of Middlebury, Vermont is pleased to announce that an agreement is in place with Ken and Kathleen Strong, the founders of the legendary The Shed Restaurant in Stowe, VT- to have Otter Creek Brewing acquire The Shed Brewery and the award winning Shed brand family of ales. (more…)
What The Faker said: You don’t have to be a connoisseur to enjoy the cornucopia that is the craft beer “revolution.” It’s that time of year to hoist the horn of plenty and celebrate its diversity in offering something for just about every taste, leaving no excuse for those who may feel they just want to throw up their hands when the choices overwhelm. (more…)
Heineken N.V. announced today that it will propose to the Annual General Meeting of Shareholders (AGM), to be held on 19 April 2012, to appoint Mr Hans Wijers as member of its Supervisory Board for a four year term. (more…)
* Q3 shr $1.19 vs est $1.10
* Q3 rev $134.8 mln vs est $131.9 mln
* Raises FY11 EPS outlook to $3.60-$3.90/shr vs prior
$3.20-$3.60/shr (more…)
Danish brewer Carlsberg (CARLb.CO) said on Friday it agreed to take full control of Hue Brewery in Vietnam by buying the 50 percent that it did not already own. (more…)
