Grupo Modelo SAB, the Mexican brewer of Corona beer, is gaining share in the U.S. import market aided by its Victoria brand, which cracked the top 20 of foreign beers in its first year. (more…)
Competition in Ethiopia’s beer market is set to intensify after the newly established Habesha Breweries embarked on the construction of a $30-million plant. (more…)
A Fraserburgh craft beer firm has confirmed plans to generate ?2.2million from private investors to develop a state-of-the-art carbon neutral brewery in the North-east. (more…)
The gap between the market value of Foster’s Group Ltd. (FGL) and SABMiller Plc (SAB)’s rejected A$9.5 billion ($10.1 billion) takeover bid has almost halved as speculation of a higher offer fades. (more…)
China Resources Enterprise Ltd said on Wednesday that its joint venture with SABMiller , the world’s No. 2 brewer, has bought stakes in two beer makers in China from Heineken for 870 million yuan ($134.42 million) to cement its leading position in the country. (more…)
Divests HAPBC’s 49% stake in Jiangsu Dafuhao and ownership of Shanghai-based brewery
Intensifies International Premium Brand Strategy Across China
Underlines commitment to the China beer market with further expansions at breweries in Guangzhou and Hainan (more…)
A strong appetite for growth is at the centre of the current war raging among brewing giants scrambling for the Nigerian beer market. (more…)
HEINEKEN’S takeover of the Scottish and Newcastle brewery is to be investigated by the same Government committee which examined the Kraft Cadbury takeover, The Journal can reveal. (more…)
Anheuser-Busch InBev , the world’s largest brewer, has reached the right scale and aims for organic growth rather than acquisitions, chief executive Carlos Brito told Belgian business daily De Tijd. (more…)
Heineken NV (HEIA), the world’s third- largest brewer by volume, needs to build its business in nations such as Ethiopia and the Democratic Republic of Congo to sustain growth in Africa, according to the retiring division head. (more…)
