US. New craft brewery opens in Richmond
Two local entrepreneurs have opened a new craft brewery in Richmond 10 years after they were inspired by an Aussie home brew. (more…)
Smaller, lower quality barley crop in west Europe
* Feed wheat replacing barley in German livestock rations
* Maltsters may have to accept lower quality supplies (more…)
SABMiller to launch Foster’s bid after skirmish
* SABMiller prepares to publish formal bid
* Foster’s shares below SABMiller bid price
* Foster’s says SABMiller claim “frivolous and petty”
* SABMiller says pleased has clarity on Foster’s debt
* Foster’s books deferred tax asset of A$447.5 mln (more…)
San Miguel Says to Stay Listed After Ang Says Brewer May Be Taken Private
San Miguel Corp. (SMC) pledged to remain a publicly traded company, a day after President Ramon Ang said it was considering going private because disclosure requirements were hampering acquisition plans. (more…)
Guinness Is Going After The US Beer Market With The Launch Of Its New Black Lager
Diageo, makers of famed stout brand Guinness, is trying to make a big splash in the jam-packed US beer market with the entry of its latest product, Guinness Black Lager. (more…)
Heineken to invest 400 mln euros in Congo over 5yrs
* Seeks to upgrade Bralima brewery, build new one
* Sees strong growth potential in Congo beer market (Adds quotes, details) (more…)
Zimbabwe’s beer market poised for growth, says Renaissance
Renaissance Capital is bullish about the future of the beer industry in Zimbabwe, and has advised investors to buy the shares of Delta Corporation, the country’s largest brewer. (more…)
Malaysia. Costly beer next year?
Carlsberg Malaysia Brewery Bhd doesn’t expect an excise duty hike for the beer industry this year, but warned that it may have to raise product prices next year on the back of skyrocketing raw material costs. (more…)
SABMiller JV to bid for Shaoguan Huoli Beer
SABMiller-China Resources Enterprise JV, China Resources Snow Breweries (CR Snow), has plans to bid for Shaoguan Huoli Beer Co, a Guangdong-based brewery, in the process of its expansion in the southern province. (more…)
Russia. Baltika Breweries Holds Extraordinary General Shareholders’ Meeting
The Extraordinary General Shareholders’ Meeting was conducted on 1 September 2011 by absentee ballot. Baltika’s shareholders approved the conversion of preference shares to ordinary shares. (more…)