SABMiller expands in Nigeria to take on Heineken
Brewer SABMiller is to spend over $100 million to build a new brewery in Africa’s second largest beer market Nigeria to take on the country’s brewing heavyweights Heineken and Diageo. (more…)
SABMiller to Build $100 Million Brewery in Southe Eastern Nigerian City
SABMiller Plc, the world’s second- largest brewer by volume, plans to build a $100 million brewery in Nigeria’s southeastern city of Onitsha within two years, an official said. (more…)
SABMiller May Face Coca-Cola Amatil Payout in Any Foster’s Bid
SABMiller Plc, the world’s second- largest brewer by volume, may need to include its Australian partner Coca-Cola Amatil Ltd. or negotiate a buyout of their venture if it bids for Foster’s Group Ltd. (more…)
Robert Lobovsky will become Head of Global Marketing for Pilsner Urquell
Robert Lobovsk? (36), currently European Marketing Manager for Pilsner Urquell, will soon be responsible for global marketing of the brand, including all countries to which the lager is exported. (more…)
SABMiller Spurning Femsa Means Higher Foster’s Price: Real M&A
SABMiller Plc, which walked away from last year’s biggest beer acquisition, faces the prospect of paying the most ever for Foster’s Group Ltd. as it tries to boost profitability. (more…)
Brewer SABMiller sees steady growth for Africa
Multinational brewer SABMiller (SAB.L) (SABJ.J) sees volume growth of 8 percent a year in Africa, its regional head said on Tuesday, as demand is expected to continue growing on the continent. (more…)
Players manoeuvre with Foster’s in their sights Adele Ferguson
An agreement in principle between SABMiller and Coca-Cola Amatil to dissolve their local beer joint venture pending a takeover bid by SABMiller for Foster’s Group has turned speculation to the next chapter in the bust-up of the country’s biggest beer and wine group. (more…)
SABMiller: Tsogo Sun, Gold Reef Resorts Merger Unconditional
SABMiller PLC (SAB.JO), the brewer which houses premium international beers such as Pilsner Urquell, Peroni Nastro Azzurro, Miller Genuine Draft, and Grolsch, said Friday all conditions precedent relating to the merger of Tsogo Sun, its South African hotels and gaming associate, with Gold Reef Resorts Ltd. have been fulfilled or waived and accordingly, the transaction has become unconditional. (more…)
Plze?sk? Prazdroj announces its sales results for 2010
Dramatic increase in excise tax in January 2010 in combination with difficult economic conditions resulted in decline of the overall beer market. Plze?sk? Prazdroj was no exception to this trend* and its sales domestically and aboard declined by 6% in annual comparison. (more…)
India. SABMiller to set up new brewery in Karnataka
UK-based beer major SABMiller today said it will set up a new brewery Karnataka by 2013 as it expects its sales to double in the next five years. (more…)