Japan. Kirin to buy stake in Brooklyn Brewery for craft beer growth
Kirin Holdings Co. agreed to acquire a minority stake in Brooklyn Brewery, marking a rare investment by an Asian company in the $22 billion U.S. craft lager industry. (more…)
Japan. Kirin Holdings to Take 20% Stake in Brooklyn Brewery
Kirin Holdings Co. of Japan has agreed to take a minority stake in Brooklyn Brewery, people familiar with the matter said, in one of the first investments by a Japanese company in a U.S. craft brewer. (more…)
Vietnam. Ministry guides Sabeco, Habeco to sell shares
The Ministry of Industry and Trade (MoIT) issued a decision to establish a steering committee for the sale of shares of two leading brewery companies.
Sai Gon Alcohol, Beer and Beverages Corp. (Sabeco) and Hanoi Beer Alcohol and Beverage JSC (Habeco) will complete their divestiture from state funding in the near future. (more…)
China Resources Beer completes acquisition of share capital of China Resources Snow Breweries
Oct 11 China Resources Beer Holdings Co Ltd :
* announces completion of acquisition of 49% of total issued share capital of china resources snow breweries (more…)
India. For PE investors, craft beer emerging as new area of interest
Craft beer is emerging as a new area of interest for private equity investors. Last month, Gateway Brewing Co. said it is in talks to raise $3.3 million from private equity investors to expand its presence and start bottling operations. (more…)
India. Lounge review: White Owl beer keggers, Mumbai
To bring the kegger home, it’s mandatory to have a one-day liquor permit from the excise department.
For the first time in India, beer enthusiasts in Mumbai can bring craft beer home in handy five-litre keggers, courtesy the White Owl brewery in Lower Parel. (more…)
Drinks industry: India’s battle with the bottle
Carlsberg, the Danish brewer, opened its seventh brewery in India two years ago: a $25m plant, capable of brewing 50m litres a year of beer, in Bihar — a state of nearly 100m. Alcohol demand was growing in the state and the brewery was mostly intended to sate local drinkers’ thirst. But on April 5, the Carlsberg plant, like all the breweries and distilleries in Bihar, was ordered to halt production and shipment of its brews. (more…)
Vietnam to fully list its top brewers; no imminent strategic sale-govt official
Oct 7 Vietnam’s government will list all its shares of top state-owned brewers, Sabeco and Habeco, on local stock exchanges before considering allowing any international industrial buyer to take a controlling stake, a senior industry and trade ministry official said. (more…)
India. Bihar alcohol ban: SC to hear case today; liquor factories on tenterhooks
Making sense of Bihar’s anti-liquor laws, particularly after conflicting developments in recent weeks, has become harder for companies that operate in the state. (more…)
India. Kaama looks to double sales of craft beer Witlinger
After its trial run since 2014 in the Delhi market, Kaama Impex Private is all set to double the sales of its craft beer Witlinger in the country with a big marketing strategy planned for the current and next financial years (FY). (more…)