UK: Beer sales continue to fall in 2010 – figures
Beer sales continued to fall in the UK in 2010 due to lower demand in the country’s on-trade, show new figures from the British Beer & Pub Association. (more…)
AB InBev announces pricing of 1.65 billion USD of Notes
Anheuser-Busch InBev Announces Pricing of 1.65 billion USD of Notes, Consisting of 650 million USD Floating Rate Notes due 2014, 500 million USD 2.875% Notes due 2016 and 500 million USD 4.375% Notes due 2021 (more…)
Molson Coors Makes New Appointments
Molson Coors has announced that Bill Waters, 42, has been named the Company’s new Chief Corporate Strategy Officer, reporting to Kandy Anand, President of Molson Coors International (MCI). Waters has been with Molson Coors for nearly twenty years serving in various senior roles across the finance team including CFO of Coors Brewing Company, Vice President of Finance for MCI, as well as other roles in corporate planning and commercial finance. (more…)
Miller High Life Says ‘No’ to Multi-Million Dollar Sponsorships
In an era of high-priced endorsement deals and costly sponsorships, Miller High Life is breaking away from the norm by sponsoring something that’s actually worthwhile – YOU. (more…)
John Lovering to step down at Mitchells & Butlers
UK pub group Mitchells & Butlers has announced that chairman John Lovering is to step down later this year. The company has begun its search for a successor. Lovering will remain as chairman and director until the process is complete. (more…)
SABMiller posts better than expected European volumes
SABMiller has reported a three per cent increase lager volume in the third quarter, driven by better than expected volume in Europe and emerging markets. (more…)
AUS: Foster’s Group shares jump on SABMiller talk
SABMiller moving closer to Foster’s Group beer bid – report
Foster’s Group’s share price has spiked following fresh reports that SABMiller is working on a takeover offer for its Australian beer business, Carlton & United Breweries. (more…)
Younger audience drawn toward growing options of craft beers
When it comes to craft beer, no ingredient is off limits. Breweries are adding everything from fruit to coriander to add flavor. (more…)
RPT-Kirin to set up China drinks JV with China Resources
Japanese brewer Kirin Holdings (2503.T) said on Monday it has agreed to establish a joint venture with China’s top beer maker China Resources Enterprise (0291.HK), to produce and distribute beverages in the country. (more…)
Czech Republic: Budweiser Budvar announces record high in last year’s beer exports
Budweiser Budvar has exported a total of 604,791 hectoliters of beer, in 58 countries around the world, representing an annual increase of 4.3%, the state-owned brewery said on Thursday. The exported beer volume was the highest during the 115 year history of the brewery. This result is very remarkable regarding the overall market situation. According to the Czech Beer and Malt Association total beer exports from the Czech Republic declined by 12% in 2010. Budweiser Budvar last year significantly strengthened its position as a leading exporter, it said. (more…)