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Asia/Australia
Australia | Dry January is upon us. Those still imbibing may want to take note of Australia’s National Health and Medical Research Council (NHMRC). Its new tougher guideline recommends no more than 1.4 drinks per day.
The Americas
USA | New Belgium is no longer employee owned and can no longer be considered an independent craft brewer, after employees/shareholders approved of the sale to Australia’s brewer Lion on 17 December 2019.
The Americas
USA | Consider this: Kirin’s purchase of craft brewer New Belgium did more to raise international awareness about Kirin’s political balancing in Myanmar than previous reports by the United Nations and Amnesty International.
Asia/Australia
Myanmar | Multinational companies doing business in the south-east Asian country could be facing risks to their reputation, following criticisms of Kirin’s partnership with a military-linked conglomerate.
Asia/Australia
Australia | The country’s competition watchdog ACCC has raised concerns over the USD 11 billion deal by AB-InBev to sell its local unit CUB to Japan’s Asahi. AB-InBev acquired Carlton & United Breweries (CUB) from SABMiller in 2016.
Asia/Australia
Japan | Asahi Breweries will report beer sales by value rather than volume, starting with 2019 data. This will allow it to bow out of a costly battle for market share in Japan and free up resources for expansion abroad.
Asia/Australia
Australia | It is a ridiculous amount of money. Allegedly, CUB paid between AUD 150 million and AUD 200 million (USD 140 million) for craft brewer Balter, which could be selling 50,000 hl beer this year.
Asia/Australia
Thailand | Is this a first step towards some sort of merger with AB-InBev? Media reported on 29 November 2019 that Thai Beverage (ThaiBev), Southeast Asia’s major brewer, is planning to spin off some regional beer assets in an initial public offering (IPO) in Singapore next year.
Asia/Australia
Thailand | Given that valuations for pure-play brewers in Asia are higher than for brewers with a diversified beverage portfolio, it would make sense for ThaiBev to seek a separate listing for its beer interests in Thailand and Vietnam.
Asia/Australia
Vietnam | Euromonitor says that the beer scene in Southeast Asia is booming. Beer consumption is expected to grow 5 percent annually up to 2023 from 90 million hl in 2017, with the Philippines and Vietnam being the key drivers for growth.
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BRAUWELT on tour
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BRAUWELT on tour
