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Tag Archive: beer

ABI Cements Its Dominance With SABMiller Deal, But Faces Challenges Ahead

The news that Anheuser-Busch InBev (ABI) has finally corralled longtime takeover target SABMiller signals a watershed event in the global beer industry’s long-term consolidation movement. Continue reading →

Posted in News on September 29, 2016

Diageo Plans New Product Blitz Under Rebranded Beer Unit

Diageo-Guinness USA has been renamed Diageo Beer Company USA, and the rebranded unit is set to unleash a wave of innovation activity. Continue reading →

Posted in News on August 5, 2016

ABI Posts Profit Slide As Chinese Regulators Approve SABMiller Deal

AB InBev (ABI) reported a U.S. volume decline of 0.3% to 54 million hectoliters for the first half of the year, but the brewing giant achieved a 1.2% organic revenue rise to $6.9 billion and normalized EBITDA of $2.8 billion. Continue reading →

Posted in News on July 29, 2016

AB InBev Gains U.S. Approval For SABMiller Deal, With Caveats

Anheuser-Busch InBev (ABI) passed a crucial hurdle in its quest to close its pending $100-billion-plus acquisition of SABMiller, as the U.S. Department of Justice (DOJ) approved the transaction, with certain requirements. Continue reading →

Posted in News on July 21, 2016

Craft Brewing And Distilling News for July 21, 2016

•MillerCoors has acquired a majority stake in Athens, Georgia-based Terrapin Beer Co. and added the Terrapin range to its craft and import division, Tenth and Blake. Continue reading →

Posted in News on July 21, 2016

Constellation’s Sales Jump 15% In First Quarter, Driven By Modelo And New Additions

Constellation Brands started off strong in its fiscal 2017, achieving double-digit growth in net sales and operating income. Continue reading →

Posted in News on June 30, 2016

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