AB InBev buying craft brewer Goose Island for $38.8 million
Looking to tap deeper into the fast-growing craft beer market, Anheuser-Busch said today it is buying Chicago-based brewer Goose Island. (more…)
Paulaner Brewery focusing on expansion
Brau Holding International (Paulaner Brewery), the strongest association of regional breweries and one of the largest brewery groups in Germany, has made some adjustments and adapted its structure, organization, and strategy to the market conditions. (more…)
Cobra beer posts inaugural profit
Cobra beer announced its first ever annual profit on Monday and said it will nearly double marketing spend this year to grow sales. (more…)
Why beer giants are scrambling for Nigerian market
It is doubtful if many local industry players knew for a long time that the beer market in Nigeria is a robust one. All that was apparent was the presence of two major players, Nigerian Breweries Plc and Guinness Nigeria Plc, and a number of fringe players doing business in the sector. (more…)
NETHERLANDS: Heineken increases maximum value of share repurchasing programme
Heineken N.V. on Monday announced that in connection with the acquisition of FEMSA Cerveza that was completed on 30 April 2010, it has increased the maximum value of the third phase of its existing share buyback programme from €150 million to €300 million. (more…)
Budweiser Budvar is launching non-returnable KeyKeg barrels on the market
Budweiser Budvar has launched 20 and 30 litre non-returnable kegs for draught beer on the market, which are quite unusual in Czech circumstances. (more…)
Budweiser Budvar has invested CZK 140 million into the modernization of its bottling room
Budweiser Budvar is putting into operation a modernized bottling line. The machinery equipment worth CZK 140 million is going to increase the performance of the bottling line (more…)
CHINA: Chongqing Brewery’s net profit almost doubles in 2010
Chongqing Brewery on Friday announced yesterday that its net profit increased by 99.42% in 2010 compared to previous year to RMB 360 million. (more…)
Sweetwater Brewing Plans to Expand
Atlanta-based Sweetwater Brewing Co. plans to quadruple its beer-making capacity to 400,000 barrels a year with a combination of new construction and the purchase of an existing building. (more…)
South Korea Orders Recall of German Draft Beer
South Korea’s food safety authorities said Friday that they ordered the recall for two brands of German draft beer contaminated with sodium hydroxide. (more…)