Anheuser-Busch InBev NV’s $107 billion acquisition of SABMiller Plc is nearing Chinese approval after the companies agreed to divest the maker of Snow beer, the world’s top-selling brand, according to people familiar with the matter. (more…)
According to Hai Tong Securities research report, the craft beer market in China is growing rapidly and the gross margine and net profit margine in this sector amount to 50% and 30% correspondently. This is much more than the producers of the traditional bottle beer earn. (more…)
C&C Group has signed a distribution partnership with InterBev Singapore, a subsidiary of ThaiBev, to strengthen the presence of its Magners brand in key market growth channels inside the Asian country. (more…)
It’s been two weeks since Tamil Nadu Chief Minister Jayalalithaa signed the file to down shutters of 500 Tasmac shops across the State and reduce the operating hours of outlets. But if the trend in Chennai is any indication, there has not been any drastic dip in sales, and it is business as usual for many of the outlets. (more…)
In mid2015, the Ministry of Industry and Trade of Vietnam proposed the government to sell the state share stock of company Sabeco in an open auction. It is planned to cut the state share portfolio from 89.59% to 36%. Though the proposal was put forward nearly a year ago, the decision is still not taken. (more…)
Witlinger craft beer positions itself as a brand associated with The Adventurer personality with the tag, “Fearless. Daring. Spontaneous. First to try”. Since that description fits me to “T”, the beer already had my attention before I had even taken a sip. While Witlinger has been available in India as a draft beer since April 2014, the event I attended at the British High Commission was its launch in bottles for the retail market. (more…)
Sobir Djaffar looks happy as he surveys the racks of locally produced bottles of Heineken on a Myanmar supermarket shelf. The Dutch brewer has been waiting 20 years to return to the country. But he is less thrilled that the beer — along with its rival brands — is sharing the first aisle of this Yangon store with toilet rolls and baby wipes. (more…)
If revenue receipts are to be considered, the sale of hard liquor is higher than beer (malt liquor) in Goa, but the excise department believes this alone can’t be taken as a true measure of consumption pattern of different types of alcohol sold in the state. (more…)
The unfavorable condition of the Chinese brewing industry did not prevent AB InBev from expanding their production as they constructed several new brewhouses in 2014-2015 and started new beer filling lines. (more…)
The standard line when it comes to Japanese consumer companies making acquisitions overseas is that they’re trying to escape the demographic decline at home. So what to make of Asahi’s reported interest in eastern Europe? (more…)
