Britain now boasts more than 800 breweries; a higher total than at any time since the Second World War, according to the Campaign for Real Ale (CAMRA). (more…)
Fans of Orange Blossom Pilsner (OBP), Toasted Coconut Porter and Orange Blossom Pilsner Squared, will be happy to hear the creator of those brews, Tom Moench, will be opening a brewery in Orlando at the beginning of next year. (more…)
Tsingtao Brewery (600600, 0168.HK) failed in its bid to take over Hangzhou Xihu Beer Asahi, as China Resources Breweries yesterday completed the acquisition of the Hangzhou-based brewer, paying 270 million yuan to acquire the remaining 55 percent stake it does not own, reports China Business News. (more…)
On 22 July 2011 the share buyback by Baltika Breweries completed. (more…)
Budweiser is getting a new look as its parent company tries to revive weak sales in the U.S. (more…)
Asahi Group Holdings Ltd. (2502.TO) said Tuesday that its net profit for the interim period ended June 30 grew 4.7% from the previous year, in part due to lower expenses. (more…)
MillerCoors CEO Blames Bad Weather, Weak Economy for Sales Drop While Analysts Point to ‘Strategy,’ ‘Marketing Front’ (more…)
SABMiller plc, the world’s second biggest brewer, has plans to start construction of a new brewery in northern Namibia soon.
* Danish brewer forms joint venture to expand China business
* It will own 30 pct of new J/V with Chinese partners
* New company will operate 12 breweries in China (Adds details, quote, share price) (more…)
Asahi Group Holdings Ltd. (2502) said Tuesday that it will sell its entire 55% interest in China’s Hangzhou Xihu Beer Asahi Co., or Hangzhou Beer, due to a disagreement with its local joint venture partner.