India. SABMiller likely to be back in black this year

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SABMiller India, the country’s second largest beer company, expects to book profits in the current fiscal after two years of successive losses. It also hopes to increase market share in profitable states and grow in Andhra Pradesh, the largest beer market in India. (more…)

US. Brewers Association Seats 2011 Board of Directors

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The Brewers Association (BA), the not-for-profit trade group dedicated to promoting and protecting America’s small and independent brewers, is pleased to announce its 2011 board of directors. (more…)

India. United Breweries approves amalgamation of Chennai Breweries

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United Breweries Ltd has announced that the Board of Directors of the Company at its meeting held on March 11. 2011, have considered and approved the amalgamation of Chennai Breweries Private Limited (CBPL) into United Breweries Limited (UBL). (more…)

China. Anheuser snags Henan brewer

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Anheuser-Busch InBev, the world’s largest brewer, has acquired China’s Weixue Beer Co, the second largest brewery in Henan Province, a move analysts said shows AB InBev’s clear-cut strategy for expanding its presence in the world’s largest beer market. (more…)

$62.5 million Commonwealth Brewery IPO details revealed

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With $8.33 a Bahamian can participate in the $62.5 million initial public offering (IPO) of Commonwealth Brewery Limited (CBL), and benefit from the company’s policy, rarely observed by equity issuers, of paying 100 percent of net income out as dividends. (more…)

US. Brew Master: The Craft Brewing Renaissance

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In 1976, there were two craft breweries in America. Today, that number is closer to 1,600. This phenomenon has been dubbed “The American Craft Brewing Renaissance.” (more…)