Japanese brewer Asahi and a consortium led by Swiss investment firm Jacobs Holding have made it onto the shortlist of bidders for SABMiller’s eastern European beer brands, sources familiar with the matter said.
Following its acquisition of SABMiller’s well-known European beer brands, Asahi Europe has appointed the brewer’s group senior counsel commercial Edward Perks as its head of legal and company secretary.
The brands, which include Pilsner Urquell in Czech Republic and Tyskie and Lech in Poland, are worth more than 5 billion euros ($5.5 billion).
The fiscal year 2015-16 was a positive year for the beer industry with a return to volume growth despite regulatory issues. SABMiller India was able to grow sales revenue by circa 5% in the face of an increasingly competitive market … Continue reading
Asahi Group Holdings plans to offer more than 500 billion yen ($4.87 billion) for British brewer SABMiller’s beer operations in five Eastern European countries, aiming to firm up its footing on the Continent amid a slew of global market shifts.
AB InBev’s president for India and South Asia, Pedro Aidar, on making Budweiser a viable business in India, and leveraging the SABMiller merger for growth.
China Resources Beer Holdings Co., maker of the world’s most popular beer, is considering a bid for SABMiller Plc’s central and eastern European assets, valued at about $6 billion, according to people familiar with the matter.
Aidar has been with maker of Budweiser and Corona beer for over 15 years and previously held the position of vice president — finance for APAC region based out of Shanghai, after which he moved to India last year.
Japan’s beer makers keep a grip on their home markets while branching out abroad. In an era when Budweiser is sold by a Belgium-based company and California’s Lagunitas IPA is partly Dutch-owned, Japanese beer has remained in Japan’s hands, away … Continue reading
SABMiller shareholders can be treated as two separate groups when they vote on the brewer’s 79 billion pound ($103 billion) takeover by Anheuser Busch InBev, a court in London ruled on Tuesday, granting a request from SAB aimed at making … Continue reading