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Europe/Russia
It seems to be a common feature of mature beer markets around the world: volumes of craft beer rise while overall beer consumption declines. Same in Ireland. For several years now, beer consumption has gone south. Last year it dropped 1.8 percent on 2011 while the value of the beer market dipped by a similar 1.8 percent or EUR 400 million to EUR 2.45 billion, says Heineken. Per capita beer consumption now stands at about 86 litres, down from 90 litres in 2010.
Europe/Russia
Now we all know why AB-InBev is so keen on closing the Modelo deal: Corona beer is expected to bring home the bacon as the world’s number one brewer is facing declining volumes in its most important markets.
Reviews
The cultivation of spring barley is turning out irregularly this year. In Germany, France and Denmark it is decreasing. Only Great Britain has enlarged its acreage. In almost every growing area it was sowed late. Losses of yield are expected.
Europe/Russia
Given that he stood at the helm of stock market-listed SABMiller, the brewer had to make a personal misfortune public knowledge for fear it might affect its share price negatively: its Chief Executive Graham Mackay has had surgery for a brain tumour. Therefore, he will be replaced by the group’s Chief Operating Officer Alan Clark with immediate effect.
Europe/Russia
In the carnival-mad city of Cologne revellers usually fall into a deep depression with the onset of Lent. Thanks to the on-going and highly publicised spat between the brothers Heinrich and Johannes Becker for control of the Gaffel brewery it’s now carnival all year round.
Europe/Russia
Global brewer SABMiller reported on 17 April 2013 that it saw a 7 percent rise in its full year organic revenue (until end March 2013), boosted by strong demand in Africa and a surprisingly resilient demand in Europe.
Europe/Russia
That’s what you get for being dependent upon Europe. Heineken, the world’s number three brewer, tempered its expectations for annual growth after reporting an unexpected decline in first-quarter sales on 24 April 2013.
Europe/Russia
Oops – what can it possible mean that Carlsberg’s head of the brewer’s Asia division decided to leave all of a sudden? The world’s number four brewer announced on 24 April 2013 that Roy Bagattini, 49, is leaving to take a job at fashion group Levi Strauss & Company as Executive Vice President and President of Commercial Operations, Asia Pacific, in June 2013.
Europe/Russia
So brewers have woken up and smelt the coffee? Several families with interests in – rival – breweries have clubbed together with Germany's Joh. A. Benckiser (JAB), the investment vehicle of the Reimann family, to make a bid for Dutch company DE Master Blenders, best known for its Douwe Egberts coffee brand.
Europe/Russia
That's it. Heineken hopes to exit Finland. According to media reports on 11 April 2013, Heineken has initiated sales procedures for its Finnish beer and beverage business Hartwall.
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BRAUWELT on tour
Most Read
BRAUWELT on tour
