Russia. No Beer to Be Sold After 11
The State Duma approved additional restrictions on alcohol sales in the country Thursday that will end sales of beer at night and from kiosks. (more…)
Senior Management move at Miller Brands
Nick Miller, Managing Director of Miller Brands (UK), has announced his decision to leave the company in September to assume the CEO role at Meantime Brewing Company in Greenwich, London. (more…)
Court Upholds Molson’s NHL Deal
An Ontario appeals court Tuesday upheld Molson Coors Brewing Co.’s sponsorship deal with the National Hockey League, but the months-long spat with Anheuser-Busch InBev NV’s Labatt Breweries, the league’s longtime Canadian sponsor, may not be over. (more…)
MillerCoors may have to halt Minnesota sales
MillerCoors, the combined U.S. operations of SABMiller PLC (SAB.L) and Molson Coors Brewing Co (TAP.N), may be forced to halt sales of its beers in Minnesota due to the state government shutdown, a state spokesman said on Wednesday. (more…)
BrewDog unveil new ?2.2m share scheme to build carbon neutral brewery
A Fraserburgh craft beer firm has confirmed plans to generate ?2.2million from private investors to develop a state-of-the-art carbon neutral brewery in the North-east. (more…)
Foster’s Value Falls to Lowest Since SABMiller Offer
The gap between the market value of Foster’s Group Ltd. (FGL) and SABMiller Plc (SAB)’s rejected A$9.5 billion ($10.1 billion) takeover bid has almost halved as speculation of a higher offer fades. (more…)
China Resources/SABMiller JV buys breweries from Heineken
China Resources Enterprise Ltd said on Wednesday that its joint venture with SABMiller , the world’s No. 2 brewer, has bought stakes in two beer makers in China from Heineken for 870 million yuan ($134.42 million) to cement its leading position in the country. (more…)
APB Restructures China Investments To Focus On International Premium Brand Strategy
Divests HAPBC’s 49% stake in Jiangsu Dafuhao and ownership of Shanghai-based brewery
Intensifies International Premium Brand Strategy Across China
Underlines commitment to the China beer market with further expansions at breweries in Guangzhou and Hainan (more…)
Chile Beverage Company CCU 2Q Volume Sales Grew 2.5% On Year
Chilean beverage company Compania Cervecerias Unidas SA’s (CCU.SN) second-quarter volume sales increased 2.5% on the year, the company said Monday. (more…)
The Most Promising Dividends in Brewers
Dividend payers deserve a berth in any long-term stock portfolio. But seemingly attractive dividend yields are not always as fetching as they may appear. Let’s see which companies in the brewing industry offer the most promising dividends. (more…)