Anheuser Busch President Explains Why New NFL Deal Makes Sense
In May, when it became clear that Anheuser-Busch had won the rights to be the official beer of the NFL, I ripped the deal as a “lazy buy.” (more…)
AB InBev says Russian beer market drops 6% in 2010
The Russian beer market dropped about 6% in 2010 mainly due to tripled excise tax, the president of Anheuser-Busch InBev Central and Eastern Europe, Mr. Francisco De Sa Neto (more…)
US: Federal small brewer excise tax bills introduced in both chambers of Congress
The Brewers Association (BA) on Wednesday announced that legislation seeking to enact a graduated beer excise tax rate of $3.50 and $16.00 for America’s small brewers has been introduced in both chambers of Congress. The BA is the not-for-profit trade group that represents the majority of U.S. brewing companies. (more…)
Why do craft breweries sell up?
Last Monday, it was announced that Chicago’s Goose Island Brewery is being acquired by Anheuser-Busch for the sum of $38.8 million dollars. Goose Island (tagline “Chicago’s craft beer”) produces a number of highly sought-after brews, including Bourbon County Stout and Sofie (a Belgian style farmhouse ale), in addition to their more accessible 312 Urban Wheat and Green Line Pale Ale. (more…)
SAB stems market share losses
South African Breweries (SAB), the South African division of the brewing giant SABMiller (SAB), said on Thursday it had managed to stem the loss of market share to “formidable” competitor Brandhouse Beverages, the owner of premium beers Amstel Lager, Windhoek and Heineken. (more…)
Heineken announces three new projects focused on prevention and treatment of HIV/AIDS in Africa
At the Heineken HIV/AIDS symposium held in Amsterdam today, Jean-Fran?ois van Boxmeer, Chairman of the Executive Board/CEO Heineken N.V., announced that the Heineken Africa Foundation (HAF) has initiated three new projects focused on HIV/AIDS in communities where the company operates.
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Foster’s announces dispatch of demerger documents complete
Foster’s Group Limited (Foster’s) has now completed the dispatch to shareholders of the Demerger Booklet relating to the Demerger of Treasury Wine Estates Limited, the company announced on Wednesday. (more…)
Martin ?ourek advances from Pilsner Urquell to SABMiller Europe
Martin ?ourek, 34, current manager of the Legal Department at Pilsner Urquell and a member of the board at SABMiller Brands Europe, will become the lead lawyer for Pilsner Urquell’s owner, SABMiller Europe. (more…)
Wisconsin brewer to buy Memphis bottling facility
A Wisconsin brewing company said Wednesday it plans to buy a tornado-stricken bottling plant in Memphis, a $41 million venture that will employ 500 people. (more…)
India. UBL undisputed leader in beer market
Thriving on competition, India’s largest beer company, United Breweries (UBL), has not only withstood the challenge of several iconic international beers entering the country in the past five years, it has also upped its market share and widened the gap between its nearest rival, SABMiller India. (more…)