SABMiller-China Resources Enterprise JV, China Resources Snow Breweries (CR Snow), has plans to bid for Shaoguan Huoli Beer Co, a Guangdong-based brewery, in the process of its expansion in the southern province. (more…)
CR Snow Breweries Co. Ltd., China’s biggest beer maker by production volume, is planning a bid for Guangdong-based Shaoguan Huoli Beer Co. Ltd. as it seeks to expand its presence in the southern province. (more…)
Beijing Yanjing Brewery Co. Ltd. (000729.SZ), one of China’s largest brewers, is to acquire a 100% stake in Xingtai Tianniu Beer Co. Ltd. for RMB 107.72 million in a bid to build growth in the country’s emerging beer markets. (more…)
SABMiller PLC (SAB.LN), the brewer, Thursday announced that China Resources Snow Breweries Limited, or CR Snow, its joint venture with China Resources Enterprise, has entered into an agreement with China Kweichow Moutai Distillery Co. (more…)
* H1 net profit rises 22 pct, vs 30 pct in H1 2010
* Price of barley has risen more than a third this year (more…)
Tsingtao Brewery (600600, 0168.HK) failed in its bid to take over Hangzhou Xihu Beer Asahi, as China Resources Breweries yesterday completed the acquisition of the Hangzhou-based brewer, paying 270 million yuan to acquire the remaining 55 percent stake it does not own, reports China Business News. (more…)
* Danish brewer forms joint venture to expand China business
* It will own 30 pct of new J/V with Chinese partners
* New company will operate 12 breweries in China (Adds details, quote, share price) (more…)
Beverage giants Carlsberg and SABMiller have announced plans to expand further in the Chinese beer market. (more…)
China Resources Enterprise Ltd , the country’s biggest supermarket operator and top beer maker, said on Friday it plans to buy domestic retailer Jiangxi Hongkelong Department Store for 3.69 billion yuan ($573 million). (more…)
China Resources Snow Breweries (China) Co., Ltd. (hereinafter referred to as “CRB”) officially announces that China Resources Snow has wholly acquired Shangqiu Lanpai Brewery Ltd (hereinafter referred to as “Lanpai”). (more…)
