According to Jeff Wu, Marketing Director of TAP Group, in 2015, the Thailand beer market grew by 1.3% by volume compared to 2014. The share of beer premium segment, where Heineken trademark is available, continued to account for 96% of the market. (more…)
Dutch brewer Heineken International on Wednesday moved closer to gaining a controlling stake in India’s largest beer manufacturer United Breweries (UB), acquiring 4.2 million equity shares through bulk deals on the stock exchange. Heineken spent around Rs 358 crore to increase its stake in the beer company to 43.97% from 42.38%. (more…)
United Breweries gained 1.1% to Rs.852 on BSE. Around 4.5 lakh shares were traded in a single block at Rs. 327.45 on the NSE. Heineken buys additional 21 Lakh shares in United Breweries, as per media reports. (more…)
Heineken intends to become the market leader in Myanmar’s beer market by 2020, confident that it can beat local and foreign products in one of the biggest emerging markets in the Asia Pacific region. (more…)
Heineken is likely to ask Vijay Mallya, who owes creditor banks more than $1 billion, to step down from the board of United Breweries, India’s largest brewer, three people with direct knowledge of the plan told Reuters. (more…)
Dutch beer giant Heineken has appointed investment bank JM Financial to help increase its stake and control in United Breweries in yet another sign that beleaguered liquor baron Vijay Mallya’s hold over the last big company of his once flourishing business empire is under threat. (more…)
There is still confusion over the future of ‘Kingfisher’ trademark for the United Breweries beer category, reports CNBC-TV18’s Varinder Bansal. (more…)
Dutch beer giant Heineken said it was “following developments” its Indian partner Vijay Mallya is embroiled in but will not comment right now. Speculation has been gaining ground that Heineken might hasten the move to take full control of United Breweries, makers of Kingfisher beer, of which Mallya remains chairman. (more…)
Small-scale brewers from Brooklyn to Beijing are tapping growing demand from cosmopolitan Chinese consumers for high-end beers, a trend which could also help global brewing giants finally unlock frothier profits in the world’s largest beer market. (more…)
Craft Singapore, the city-state’s first-ever craft beer festival, launches Friday in hopes of luring lager and ale guzzlers to more independent fare. (more…)
