News

News

InBev Closes Anheuser-Busch Acquisition

20.11.08 - Belgian brewer InBev Tuesday announced it has completed the acquisition of U.S. beer producer, Anheuser-Busch Companies Inc. (BUD | Quote | Chart | News | PowerRating), following approval from shareholders of both companies. The $52 billion deal makes the combined entity the world's largest brewer.

Heineken launches new responsible drinking campaign

19.11.08 - Brewer Heineken has launched an international responsible drinking campaign called ‘Know The Signs’. The internet-based campaign is an extension of the five-year-old ‘Enjoy Heineken Responsibly’ programme, and is aimed at encouraging responsible drinking.

New mixed beer drinks and alcohol-free refreshment with a malt base

19.11.08 - According to a study from the Society of Consumer Research, the demand for mixed beer drinks quantitatively increased by more than 3% during the first half of 2008 as compared to the same period in 2007, and sales grew by almost 11% at the same time.

Lion Nathan bids $4.9 billion for Coca-Cola Amatil

18.11.08 - Lion Nathan Ltd., Australia's second-biggest brewer, offered to buy Australian soft-drinks group Coca-Cola Amatil Ltd. for A$7.61 billion, ($4.9 billion) in a cash and stock offer.

SABMiller profit up despite downturn

17.11.08 - Brewer SABMiller has posted a nine per cent rise in profits for the first half despite weakening consumer demand. Net profit for the six months to September 30th rose to $1.4 billion from $958 million a year earlier.

InBev told to sell Labatt with Anheuser-Busch merger

16.11.08 - The U.S. Department of Justice on Friday approved InBev’s $52 billion buyout of Anheuser-Busch Cos. Inc. but requires the Belgian brewer to first sell its interest in Labatt Brewing in the U.S.

Canada Brewery Launches Bitter Ale for Tough Times

15.11.08 - As central bankers try to prop up an ailing global economy with financial bailouts, a tiny Western Canadian brewery has stepped into the battle with what it bills as a recession-fighting ale.

Carlsberg restructures marketing department

12.11.08 - The brewer has started a consultation among its 30-strong marketing department, which will conclude later in the month. After the restructure, Carlsberg intends to unveil a major marketing initiative aimed at increasing on-trade sales.

China’s Snow now world’s second-biggest beer brand

11.11.08 - Chinese beer Snow is the world’s second-biggest beer brand by volume, moving up to two separate Anheuser-Busch brands, Bud Light and Budweiser, figures from researcher Plato Logic showed on Thursday.

Molson Coors takes interest in Foster's

11.11.08 - North American brewer Molson Coors Brewing Co has emerged as holder of a 5 percent stake in Australian brewer Foster's Group Ltd, giving it a seat at the bar amid persistent takeover talk.

Baltika Profits Soar on Pricier Brands

10.11.08 - Carlsberg's Baltika Breweries, Russia's largest beer company, said nine-month profit rose 7.7 percent as consumers bought pricier brands. Net income climbed to 360.7 million euros ($460.1 million) from 334.8 million euros a year earlier, the brewer said Friday. Revenue increased 13 percent to 1.99 billion euros.

China's Tsingtao Brewery to buy 39 pct of Yantai Beer Asahi

10.11.08 - Tsingtao Brewery Co Ltd has signed an agreement to buy 39 pct of Yantai Beer Asahi Co Ltd, a joint venture between Japan's Asahi Breweries and China's Yantai Beer Group, the official Xinhua news agency reported.

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