Asahi Group Holdings Ltd. (2502) and Kirin Holdings Co. (2503), Japan’s biggest brewers, plan acquisitions across Southeast Asia to access wider margins in a market of more than half a billion people as demand at home weakens. (more…)
Kirin Holdings Co. (2503), Japan’s largest brewer by market value, will consider “small-scale” acquisitions in Southeast Asia to tap the region’s growing population. (more…)
Canadian brewer International Breweries is on the look out for brewery acquisitions in India and is rolling out its second brand Australian Draught in India. (more…)
The central province of Thua Thien Hue has sold its 50% stake in the Hue Brewery Company to Danish brewer Carlsberg Group, another partner in the joint venture, for VND1.8tn ($93m). (more…)
SABMiller announces that it intends to appoint Ari Mervis, currently Managing Director Asia, as Managing Director: Asia Pacific and Chief Executive Officer of Foster’s with effect from 16 December 2011. (more…)
Heineken N.V. announced today that it has acquired the Galaxy Pub Estate (‘Galaxy’) in the U.K. from The Royal Bank of Scotland (‘RBS’) for ?412 million (€480 million) on a cash-and-debt-free basis. (more…)
Master brewer at Paul Mueller heads group of investors that bought the bar and restaurant. (more…)
Diageo’s Kenyan subsidiary East African Breweries Limited (EABL) has secured a loan of KES19.5bn ($215.94m) to buy back its subsidiary, Kenya Breweries Limited (KBL), in which SABMiller holds 20% stake. (more…)
On 25 November 2011, the Australian Federal Treasurer on recommendation from the Foreign Investment Review Board (FIRB), approved SABMiller’s acquisition of Foster’s and the remaining 50% of Pacific Beverages. (more…)
SABMiller PLC will have to pay an extra A$582 million as part of its takeover of Foster’s Group Ltd. , after the Australian Taxation Office knocked back the planned structure of the deal. (more…)
