Hong Kong. Master House, Lan Kwai Fong – Japanese beers at a price
Austere looking bar serves 6 draught Suntory beers and a range of the brewery’s whiskies. Great tasting but will leave a large hole in your wallet. (more…)
Austere looking bar serves 6 draught Suntory beers and a range of the brewery’s whiskies. Great tasting but will leave a large hole in your wallet. (more…)
For the first time in the last decade, the Japanese mid-priced lager segment posted positive growth in 2015. Although it was only a slight increase, at 0.3% in volume terms, this indicates that Japan’s beer market has started to shift gradually. The category’s growth in 2015 was mainly driven by a successful new launch, writes Euromonitor International. (more…)
Asahi Group Holdings’ move into Europe shows how eager Japanese drinks groups are to expand beyond a shrinking domestic market. (more…)
Suntory Holdings Ltd., the nation’s third-ranked beer maker by market share, wants to focus on boosting profits at its Beam spirits unit and upgrading its own beers rather than on buying SABMiller PLC’s Peroni and Grolsch brands in Europe. (more…)
* Suntory Beverage & Food to go public in H2 2013 – sources
* Japan IPO will raise 400-500 billion yen – sources
* Funds to be used for overseas acquisitions – Nikkei (more…)
CVC Capital Partners Ltd., the British private equity firm that owns Formula One, is weighing whether to pursue a sale of Staropramen brewer StarBev after receiving approaches for the company, three people with knowledge of the plans said. (more…)
* Suntory dismisses report in talks to buy Danone water business
* Danone looking to sell water assets by year-end -Bloomberg
* Danone CFO declines comment, says water business “still strategic” (more…)
Japan’s major brewers said that it is still too soon to quantify the whole damage of the earthquake and tsunami happening last week in Japan. Not only were several facilities damaged, but countless staff were impacted. Kirin seems to be the most severely impacted. (more…)
Suntory Holdings Ltd. plans to spend up to 200 billion yen on corporate mergers and acquisitions in Southeast Asia as it seeks a bigger slice of the market there, according to Suntory President Nobutada Saji. (more…)
Beverage maker Suntory Holdings Ltd will seek to boost annual sales in China to 100 billion yen from the current 30 billion yen by stepping up marketing of vintage wines, health foods and other high-quality products for wealthy Chinese. (more…)