New Alcohol Restrictions Are Small Beer For Many Russians
Russian President Dmitry Medvedev has signed into law new amendments that define beer as alcohol for the first time and place restrictions on its sale. (more…)
India. United Breweries’ profitability may remain under pressure
The country’s largestbeer sellerUnited Breweries (UBL) has reported a stellar operating performance in the last few quarters. It was able to clock doubledigit revenue growth in each of the last six quarters despite increasing competition in the domestic beer market from recently-launched international brands. The company has undertaken capacity expansion which will help it to address the growing beer consumption in the country. However, profitability may remain under pressure owing to volatile raw material costs and intense competition. (more…)
Zimbabwe’s Delta Corporation boosts SABMiller’s strong volumes
SABMiller, the world’s second-biggest brewer by volume after Anheuser-Busch InBev NV (ABI.BT), benefited from a strong performance in Asia and Africa, where socio-economic improvement, rising incomes and a thirst for Western lifestyles are fuelling consumption. That helped offset sluggish growth in more mature markets which are suffering from a cutback in consumer spending, high unemployment levels and a saturated marketplace. (more…)
Guinness revs up beer market war Monday
Guinness Nigeria is stepping up its strategic expansion plan, in response to competition from new comers, SABMiller and old rivals , Nigerian Breweries Plc, as the frenzied struggle for market share in Nigeria’s robust brewery sector gathers momentum. (more…)
GlobalMalt announces change in shareholder structure
Tivoli Malz GmbH and GermanMalt GmbH & Co KG, both owners of each 50% of GlobalMalt, announced today, that Tivoli is acquiring all shares of the company from GermanMalt. (more…)
GermanMalt becomes part of GrainCorp Malt
Subject to approval by merger control GermanMalt GmbH & Co. KG, Osthofen, will become part of the international GrainCorp Group. The shareholders of Schill-Malz GmbH & Co. KG, Osthofen, and C. Thywissen GmbH, Neuss, have agreed last Friday to sell their shares including their participation in Rhein-Ruhr-Malz GmbH & Co. KG and Th?ringer Malz GmbH. (more…)
Carlsberg to distribute Staropramen in UK
Carlsberg UK is to market and distribute Czech lager Staropramen in the UK on behalf of owners StarBev from 14 August. (more…)
SABMiller Trading Update
SABMiller plc (SAB.L) today issues its Interim Management Statement for the group’s first quarter ended 30 June 2011. The calculation of the organic growth rates below excludes the effects of acquisitions and disposals. (more…)
SABMILLER PLC – Confirmation of directorate change
SABMiller plc has previously announced that Malcolm Wyman would, with effect from the conclusion of the 2011 Annual General Meeting, retire from the Board. (more…)
US. Coast Brands Announces its Craft Beer Division
In response to an overwhelming demand from its distributor and retail partners, Coast Brands Group, LLC has announced the creation of its Craft Beer Division. Coast Brands, known for its one-of-a-kind Distributor Network and retail authorization services, has already signed two brands to its Craft Beer Portfolio: Crazy Mountain Brewery, located in Vail, Colorado and Hardtail Brewery, the World’s first “Biker” Craft Beer. (more…)