MillerCoors spent $630K lobbying

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MillerCoors LLC spent $630,000 in the second quarter to lobby the federal government on tax, advertising, agriculture and alcohol regulation, according to a recent disclosure report. (more…)

Tanzania Breweries could pay $22m in beer war

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Tanzania Breweries Ltd, the country’s largest brewer, could end up paying millions of dollars in damages to its rival Serengeti Breweries Ltd over widely publicised sabotage accusations in the battle for customers (more…)

Weak Foster’s results give SABMiller’s offer a chance

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A sustained appreciation in the value of the Australian dollar or the arrival of an aggressive private equity player are regarded as the only factors that might impede SABMiller’s success in acquiring control of Australian brewer Foster’s. (more…)

Nigeria’s huge beer market offers opening for more investments

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Nigeria and nine other African countries have emerged as very promising beer markets, a research by Renaissance Capital, a leading emerging markets investment bank has revealed. Renaissance analysts expect significant sector growth across the region, driven by a growing population, increasing discretionary income, high alcohol consumption per capita, a strong preference for beer, and the expansion and increased efficiency of brewers’ distribution networks. (more…)

US. Craft Brewery Business Booming

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Brewery startups are taking the U.S. by storm, stealing profits from big-name breweries and providing more access to craft beer for mug tippers from coast to coast. There were 1,759 new breweries opened last year according to the Brewers Association, putting every American within 10 miles of a brewery. (more…)