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Europe/Russia
Heineken and Molson Coors are both “associate members” of the Society of Independent Brewers (SIBA), a situation that displeases some of its members.
Europe/Russia
Is accepting private equity funds the accolade for craft brewers? It may seem this way. Because, by taking in a GBP 15 million (USD 19.6 million) investment by the US private equity firm L Catterton in exchange for a 28 percent stake, disclosed in September 2017, Scottish brewer Innis & Gunn has proven the doubters wrong that its wonky finances could bring the company down.
Europe/Russia
Is it tit for tat? Heineken’s controlling shareholder, L’Arche Green, was forced to increase its stake in the Dutch brewer in September 2017 by buying EUR 200 million (USD 235 million) of the EUR 2.5 billion in shares, which were put up for sale in a surprise auction by Mexico’s FEMSA after the partners fell out earlier this year over distribution rights in Brazil.
Europe/Russia
Western brewers had better brace themselves for more restrictions and continuing struggles. As the President of the Barley, Malt and Beer Union, Alexander Mordovin, said at drinktec in Munich last month, it’s the explicit aim of his country’s government to bring the foreign brewers’ beer market share down to 50 percent to boost private Russian breweries. Five international brewers (Carlsberg/Baltika, Heineken, Efes, SABMiller and InBev) controlled 96 percent of the Russian beer market in 2006. Today the remaining three – Carlsberg/Baltika, Heineken and AB-InBev/Efes – share 72 percent.
Europe/Russia
Britain will end the free movement of labour immediately after Brexit and introduce restrictions to deter all but highly-skilled EU workers. These proposals, set out in a Home Office document, were leaked to the Guardian newspaper on 5 September 2017 and drew criticism – not least from industry.
Europe/Russia
World-weary drivers are used to petrol prices which go up and down during a day for no apparent reason, while shoppers are used to supermarket prices which stay pretty much the same. All that, however, might be about to change thanks to electronic shelf-edge labels, which can adjust prices in real time. Electronic price tags are a fact of life in most larger stores in France and Scandinavia but not in the UK yet.
Europe/Russia
As the UK continues to sever its political ties with the EU, it was only fitting that the Institute of Brewing and Distilling (IBD), an organization with 5,000+ members, re-established its links to its continental constituents by organising a seminar in Salzburg.
Europe/Russia
For longer than most like to remember news coming out of Russia represented an unmitigated disaster for international brewers. Over the past eight years, Moscow has raised taxes on alcohol and banned advertising. In January 2017, finally, it began limiting the size of plastic beer bottles to a maximum of 1.5 litres.
Europe/Russia
SIBA’s “Assured Independent British Craft Brewer” seal was launched in August 2016 to make it easier for UK consumers to differentiate truly independent craft beer from that of the global beers, or other non-craft products.
Europe/Russia
Heineken’s takeover of pub group Punch Taverns will not face an in-depth competition probe after the brewer offered to sell pubs to address concerns.
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BRAUWELT on tour
Most Read
BRAUWELT on tour
