Competition bubbles as Vietnam sells state brewers
With the Vietnamese government set to sell major stakes in two state-run beer producers, Japanese and European brewers hope to jump in and capitalize on the country’s growing suds market. (more…)
Asahi, others shortlisted in sale of AB InBev’s east European beers: sources
Japanese brewer Asahi and a consortium led by Swiss investment firm Jacobs Holding have made it onto the shortlist of bidders for SABMiller’s eastern European beer brands, sources familiar with the matter said. (more…)
Japan. Asahi eyes overseas growth via European acquisitions
Japanese brewer Asahi Group Holdings may have been slower than its peers to expand abroad, but the company is poised to catch up with a string of acquisitions in western Europe. (more…)
Japan. Asahi Europe appoints head of legal from SABMiller as brewing deal finalises
Following its acquisition of SABMiller’s well-known European beer brands, Asahi Europe has appointed the brewer’s group senior counsel commercial Edward Perks as its head of legal and company secretary. (more…)
Japanese breweries on startline of Sabeco auction
Japanese Asahi Group Holdings Ltd., and Kirin Holdings Co. are considering bidding for shares of Saigon Beer, Alcohol and Beverage (Sabeco) in the auction expected to be held next month, according to newswire Nikkei. (more…)
Asian brewers, KKR-led investors vying for East Europe beer brands-sources
The brands, which include Pilsner Urquell in Czech Republic and Tyskie and Lech in Poland, are worth more than 5 billion euros ($5.5 billion). (more…)
Vietnam. Asahi, Kirin may fight over Vietnam brewer Sabeco
Japan’s Asahi Group Holdings and Kirin Holdings are considering bidding for shares of Vietnamese state-owned brewer Saigon Beer Alcohol Beverage, in an auction that could come as soon as next month. (more…)
Japan. Asahi to bid over $4.8bn for SABMiller’s Eastern Europe business
Asahi Group Holdings plans to offer more than 500 billion yen ($4.87 billion) for British brewer SABMiller’s beer operations in five Eastern European countries, aiming to firm up its footing on the Continent amid a slew of global market shifts. (more…)
Vietnam. Saigon Beer Can Quench Asahi’s Thirst
Who’s in pole position to buy a stake in Vietnam’s biggest brewer?
AB InBev and SABMiller, Heineken, Asahi, Kirin, ThaiBev and Singha Asia have all registered to bid for stakes in state-owned Sabeco, maker of Saigon Beer and 333. With a price tag of at least $1.8 billion and a government facing a ballooning budget deficit, interested parties don’t need to beat down the door. (more…)
Asahi Mixes Drinks as Japan’s Beer Market Shrinks
Japan’s beer makers keep a grip on their home markets while branching out abroad.
In an era when Budweiser is sold by a Belgium-based company and California’s Lagunitas IPA is partly Dutch-owned, Japanese beer has remained in Japan’s hands, away from the global consolidation party. (more…)