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Europe/Russia
Germany | A year ago, in October 2021, Bloomberg reported that AB-InBev was seeking a buyer for its German unit, as the world’s number one brewer sought to “prune less profitable businesses and trim debt”. The asking price: USD 1.2 billion.
Europe/Russia
The Netherlands | Heineken’s cost-cutters had their way again. After Belgium’s Affligem brewery, the Brand brewery in Wijlre is the next to be shuttered. Beer production will be shifted to Heineken’s macro breweries in Zoeterwoude and Den Bosch in 2024. 48 jobs will be lost. This was announced on 26 September.
Europe/Russia
Romania | Heineken, the number two brewer in Romania, will shutter the Constanta brewery in the second half of 2023. The plant, which once produced more than 700,000 hl beer, has been operating well below capacity for years. Production will be shifted to the three remaining breweries in the group.
Europe/Russia
Germany | It is well known that German brewers sit on too much capacity. But it still came as a shock when Radeberger announced, on 29 September, that it will shutter its Binding brewery in Frankfurt. Over the next twelve months production will be relocated to other breweries and 150 people will lose their jobs.
Europe/Russia
United Kingdom | The Old Dairy Brewery must be in bad shape financially that it had to call in the administrators. Whatever the reasons – Brexit delivered the final blow.
Europe/Russia
United Kingdom | BrewDog’s CEO was subjected to a vicious online smear campaign, which saw him scammed out of some USD 108,000 in Bitcoin by an ex-lover, The Sun, a newspaper, reported on 27 September.
Europe/Russia
Russia | After AB-InBev's decision to manufacture Leffe in Russia caused an uproar in August, the AB-InBev-Efes joint venture reacted and, on 21 September, announced it will suspend production.
Europe/Russia
Russia | Looks like PepsiCo and Coke are taking the slow boat out of Russia. In March, PepsiCo had vowed to suspend production and sales of its products after Russia invaded Ukraine. It also said it would continue to sell daily essentials, such as milk and baby formula, for humanitarian reasons.
Europe/Russia
United Kingdom | In early September, Heineken bought the 51 percent of craft brewer Beavertown it did not already own, for an undisclosed sum. The deal likely netted its founder Logan Plant, the son of the Led Zeppelin frontman, Robert, tens of millions of pounds.
Europe/Russia
Italy | Galloping prices for gas, bottles, and CO2, as well as the erosion of consumers' purchasing power: If the recovery of tourism has supported beer consumption up until now, the end of summer will be the real test.
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BRAUWELT on tour
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BRAUWELT on tour
