In 2015, the brewery business in China experienced its lowest decline in five years despite the fact that local brands are still dominating in the market, industry experts have revealed. (more…)
At the presentation for investors Jean-François van Boxmeer, CEO of Heineken NV, and CFO Laurence Debroux told about the company’s performance in Asia in 2015. (more…)
Japan’s Asahi Group Holdings said Wednesday it has agreed to acquire some operations from U.K.-based brewer SABMiller in a deal that could smooth the way for a much larger transaction between SABMiller and Belgium-based Anheuser-Busch InBev. (more…)
Small breweries are taking away the share of transnational companies, writes the Russian business newspaper Kommersant. (more…)
Heineken NV and Carlsberg A/S, the world’s third- and fourth-largest brewers, forecast higher profit this year as markets such as Vietnam and southeast Asia offset weakness in Russia and China. (more…)
In 2004, 10 brewers controlled 51% of the global beer market by volume. Ten years later, five beer makers — Anheuser-Busch InBev, SABMiller, Heineken, Carlsberg, and China Resources Enterprise — controlled about the same amount. (more…)
United Breweries Ltd’s fiscal third-quarter profit beat analysts’ estimates by a wide margin on a 13% surge in beer sales in terms of volume. (more…)
The official launch of the new brewery Heineken Ltd Jiashan took place on 4 February. The launch of the new brewery is important not only for Zhejiang Province but for China as a whole. (more…)
Anheuser-Busch InBev may get a chilly reception from Chinese regulators if it moves ahead in keeping the CR Snow beer brand in its portfolio. Image source: China Resources.
Chinese brewer CR Snow may be among the most valuable assets in SABMiller’s portfolio of brands, so it’s understandable that Anheuser-Busch InBev — which is planning to acquire SABMiller – would be reluctant to sell it despite conventional wisdom suggesting it will have to do so if it wants to get regulatory approval from China for the deal. But the brewer may be forced to sell the brand thanks to an apparently forgotten provision of a document it signed back in 2008 when InBev bought Anheuser-Busch. (more…)
Publicis has won the Heineken India business after a three-way agency pitch. The account was earlier with Wieden + Kennedy.
Publicis will handle the account of their Bangalore office. The brand will retain its ‘One World. One Heineken’ ideology. (more…)