Germany | It was not to be. Only two years after getting into bed with each other, the Munich craft brewer Crew Republic and AB-InBev will go their separate ways again. Reportedly, this decision, which was announced on 25 October 2021, was taken by mutual consent.
United Kingdom | In the Autumn Budget, the UK chancellor Rishi Sunak revealed sweeping changes to alcohol duty, which will reward lower-strength drinks.
Europe | All things considered, AB-InBev had a good third quarter. It sold 3.4 percent more beer in the July-to-September period compared with 2020, which led it to revise its forecast upwards: It now expects annual EBITDA to grow between 10 percent and 12 percent, compared with an 8-12 percent growth forecasted earlier.
Denmark | The beer festival, Mikkeller Beer Celebration Copenhagen (MBCC), was hit by several withdrawals, after several ex-employees at Mikkeller alleged sexual harassment and gender bullying at the firm. This was reported by the website goodbeerhunting.com on 11 October 2021.
United Kingdom | One of the UK’s oldest craft breweries, Meantime, is launching a campaign that taps into its craft beer heritage, as it “looks to build a deeper connection with consumers” (in marketing lingo).
United Kingdom | Digitalisation’s boons and risks. A flaw in BrewDog’s mobile app could have exposed personal information of more than 200,000 Equity for Punks shareholders and customers – as well as letting hackers steal beer, if they so desired. The incident was reported on several Geek websites.
Germany | Here we go again. Bloomberg reported that AB-InBev is seeking to offload some of its German beer brands as it focuses on growth beyond beer.
Belgium | The EU’s competition chief Margrethe Vestager has had mixed fortunes getting European courts to side with her in her eight-year crusade against allegedly unfair tax deals, which countries like Belgium, Luxembourg, the Republic of Ireland and the Netherlands doled out to some of the world’s biggest multinationals. But she prevailed in a case against Belgium.
United Kingdom | The average price of a pint of lager in the pub could increase from GBP 3.88 to more than GBP 4 (USD 5.45) by Christmas. This is because inflation is expected to rise above 4 percent by the end of the year.
Austria | Do consumers know the meaning of “private brewery”? Apparently not. Therefore, ten Austrian brewers have formed an alliance, calling themselves “independent private breweries” and launching a seal which will say “100 percent independent” on labels.