Heineken-APB China (HAPBC) Divests Stake in Kingway Brewery Holdings
•HAPBC expects to gain approximately S$76 million from divestment
•Offer price at a premium of 63% over Kingway Brewery’s closing price on 8 March 2011 (more…)
•HAPBC expects to gain approximately S$76 million from divestment
•Offer price at a premium of 63% over Kingway Brewery’s closing price on 8 March 2011 (more…)
Jeff Hamilton is the president of Sprecher Brewing Co., succeeding Randy Sprecher. Sprecher Brewing saw revenue increase 10% last year vs. 2009 without increasing prices. The company has broadened its product mix to capitalize on the growing American craft beer market. (more…)
Patio season is just around the corner, but a global shortage of brew-quality malt already has some brewers forecasting a possible price spike at the taps. (more…)
The meeting of holders of priority shares of Heineken Holding N.V. will propose that Heineken Holding N.V.’s Annual General Meeting of Shareholders appoint Mrs. C. M. Kwist (43) to the Board of Directors of Heineken Holding N.V., to succeed her uncle Mr. D. P. Hoyer (71). Mr. Hoyer is due to retire by rotation and, in view of his age, will not be proposed for reappointment. (more…)
After unexpected success at home, one of Japan’s biggest brewers is bringing its zero-alcohol beverage to the U.S. in a test of American drinkers’ indifference to weak beer. (more…)
Local premium market innovation will continue (more…)
SABMiller’s pioneering cassava beer – aimed an entire new market of drinkers in Africa – has been delayed by nearly a year following a number of setbacks. (more…)
Ambev, Brazil’s biggest brewer, promised to invest up to R$2.5bn in new factories and distribution centres this year in spite of concerns that the country’s slowing growth could hurt beer sales. (more…)
The king has returned. After 20 consecutive years of falling volumes, Budweiser finally became a growth story in 2010. The “king of beers”, though, needed its own version of a stimulus programme to arrest its decline, including relentless exposure at the world’s biggest sporting event, the football World Cup. (more…)
Anheuser-Busch InBev NV (ABI), the world’s largest brewer, reported fourth-quarter profit that beat analysts’ estimates and more than doubled its dividend as cost savings exceeded the company’s target. (more…)