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Tag "brewing"
Scottish brewer Tennent Caledonian has won gold, silver and bronze medals at two of the toughest global beer quality competitions – the Monde Selection in Belgium and the International Beer
Heineken has made a S$5.1 billion (US$4 billion) offer to buy the stake held by its joint venture partner, Fraser & Neave, in Asia Pacific Breweries, one of the fastest
Anheuser-Busch InBev has agreed to acquire the remaining stake in Mexican brewer Grupo Modelo that it does not already own for $20.1 billion. The combination is expected to yield annual
UK regional brewer and pub group Greene King has delivering another set of record results. Revenue increased by 9.4% to reach a record £1.14 billion for the 52 weeks to
SABMiller, the world’s second largest brewer, has reported an 11% increase in revenue to $31.4 billion and a 12% rise in EBITA to $5.6 billion, with underlying lager volumes up
Growth across its three divisions has helped Marston’s, the UK regional brewer and pub operator, to increase group revenue by 7.6% to £342.1 million and underlying profit before tax by
North American beer group Molson Coors Brewing Company is significantly increasing its international business and exposure to emerging markets by acquiring StarBev from private equity firm CVC for Eur2.65 billion
Scotland’s most historic and successful brewery, Tennent Caledonian Breweries, has opened a new £4 million state-of-the-art bottling line at its famous Wellpark site in Glasgow. Situated within Wellpark’s 2000 square
With beer volumes rising by 7%, British regional brewer and pub operator Adnams has increased operating profit (before exceptional items) by 2.8% to £3.3 million on sales up by 7.3%
Anheuser-Busch InBev and Heineken are reported to be competing to acquire Cerveceria Nacional Dominicana (CND), the largest brewer in the Dominican Republic. CND, which also sells its beer in the
International brewers SABMiller and Anadolu Efes have completed their strategic alliance covering Turkey, Russia, the CIS, Central Asia and the Middle East, which was originally announced last October. SABMiller has
Carlsberg UK is investing £20 million in a new bottling plant at its brewer site inNorthampton, where the Carlsberg, Tuborg and San Miguel brands are produced. The 7,000 sq m
Carlsberg Group intends acquiring the remaining 15% stake in its Russian subsidiary, Baltika Breweries, for up to DKr6.5 billion (Eur870 million). The move will involve a delisting of Baltika. The
Diageo is to make a capital investment of Eur153 million in a brewing centre of excellence at its famous St James’s Gate site in Dublin. The decision follows a major
Budweiser Budvar, the State-owned Czech brewer, has reported the highest ever export sales since the business was founded in 1895. The company increased beer exports by 7.8% to 650,000 hectolitres
Greene King, the British regional brewer and pub group, has increased operating profit before exceptionals to a record £115.6 million in the 24 weeks to October 16th 2011 on revenue up
London-based Young & Co has exited brewing after selling its 40% shareholding in Wells & Young’s Brewing Company to Charles Wells, the English regional brewer and pub operator, for £15.1m.
Diageo has strengthened its beer business in emerging markets after its East African Breweries subsidiary acquired a 51% stake in rival Tanzanian brewer Serengeti Breweries for $60.4m (£38.1m). The deal
In line with its strategy of increasing its exposure to emerging beer markets, Molson Coors Brewing Company has completed its $40m acquisition of 51% controlling interest in a joint venture
SABMiller, the world’s second largest beer company, is calling on the brewing industry to improve disclosure on environmental and social impacts. The company is taking a lead by publishing detailed