SABMiller, SWD to Build a $ 60 Mln Brewery

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SABMiller, the world’s second largest brewer, and SouthWest Development (SWD), an Ethiopian investment group, are going to build a 60-million-dollar brewery in Ethiopia. The brewery will be built near Holeta, 40km from Addis Ababa. (more…)

US. Boulevard Brewing taps East Coast market

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Follow this company next month is set to start filling Massachusetts glasses with its Smokestack Series line, its first foray into distribution on the East Coast. (more…)

Bud Light shopping for new ad agency: report

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The biggest spending brand in U.S. beer has put its advertising account up for review as Bud Light is soliciting ideas from half a dozen different agencies, Advertising Age reports. (more…)

US. Craft Pricing Strengthens in August

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Craft beer pricing strengthened in the latest 4-week period compared to the July numbers. For July pricing gains were at a level of 14 cents per case. Pricing growth for the early August period nearly tripled to 42 cents per case compared to this time last year. All beer prici (more…)

Foster’s May Use Buyback to Fend Off SABMiller

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Chief Executive Officer John Pollaers, three months into the role, may tomorrow announce plans for share buybacks to blunt the appeal of SABMiller Plc (SAB)’s hostile takeover bid as profit drops. (more…)