Foster’s Group Limited announced that Foster’s shareholders approved the demerger of Treasury Wine Estates Limited on Friday. Foster’s will now seek orders from the Supreme Court of Victoria for approval of the scheme of arrangement to effect the demerger at a hearing scheduled for Wednesday, 4 May 2011. (more…)
Heineken NV, the world’s third-largest brewer, will buy two Ethiopian state-owned beer makers for 2.7 billion birr ($160 million), the Horn of Africa country’s privatization agency said. (more…)
West Virginia’s most widely known craft brewery is up for sale. The Mountaineer Brewing Company closed its doors a few weeks ago; now the owner is looking to sell the business. (more…)
Speculation is intensifying that a foreign predator could swoop on one of Australia’s best-known companies – Foster’s – now the demerger of its beer and wine businesses is almost complete. (more…)
Local brewer Chris Trudeau was ecstatic to hear that the Illinois Senate passed a measure Tuesday designed to allow craft brewers to self-distribute limited quantities of beer. (more…)
Mankato Brewery has acquired a building that once housed a beer distribution company and hopes to begin producing beer by September. (more…)
Anheuser-Busch InBev (ABI.BR), the world’s largest brewer, suffered a first drop in beer sales for a year and half as price hikes, rain in Brazil and high U.S. unemployment deterred drinkers. (more…)
SABMiller plc announces that Malcolm Wyman, Chief Financial Officer, has confirmed his intention to retire from the company at the end of August 2011, and he will stand down from the board at the forthcoming AGM on 21 July 2011. (more…)
Brewer Drives Net Revenue Growth and Positive Brand Mix, While Trend Improvements Continue for Premium Lights (more…)
Asahi Breweries Ltd. (2502.TO) said Thursday its net profit surged during the fiscal first quarter ended March 31, as lower advertising outlays canceled out a special loss caused by the March 11 earthquake and tsunami. (more…)
