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Europe/Russia
How could this happen? Heineken Ireland has claimed that some of its beers have been purposefully mislabelled and sold as fake craft beer in certain pubs in Ireland, fuelling consumer debate over what constitutes a ‘craft’ beer. The scandal broke in September 2016 and has had punters wagging their tongues since.
Europe/Russia
Millennials are seen as such a strange breed of consumers that the German discount retailer Aldi has decided to launch its own range of craft wines in 0.5 litre beer bottles with groovy looking labels and sealed with crown caps. The reason? Craft beer is setting the standard for the whole alcohol category.
Europe/Russia
By the time you will be reading this, SABMiller will be no more. After winning shareholder approval on 28 September 2016, AB-InBev will drop the SABMiller name and begin trading as a combined company on 11 October 2016. SABMiller ceased trading on the London and Johannesburg stock exchanges on 5 October 2016.
Europe/Russia
A buyer no one had on the radar has snatched up the Belgian brewer Bosteels. Media reported on 9 September 2016 that AB-InBev has purchased the 225-year-old Brouwerij Bosteels, best known for its Kwak and Karmeliet beers.
Europe/Russia
There are signs that Russia’s economy is bottoming. Analysts say that Russia’s unemployment peaked in March 2016 at 6 percent, but declined to 5.3 percent in July. Inflation has been gradually slowing from 9.8 percent in January to 7.2 percent in July. They expect declining inflation to partially offset the headwinds from increasing price competition in the beer industry.
Europe/Russia
Should Mr Castel be amused or intrigued? AB-InBev CEO Carlos Brito told analysts that, once the SABMiller takeover has been bedded down, he hopes to develop SAB’s partnership with France’s Castel Group. The privately-owned Castel Group is one of the biggest brewers in Africa. For over a decade SABMiller and Castel had an alliance whereby SABMiller owned 20 percent of Castel and Castel owned 38 percent of SABMiller’s African business, excluding South Africa.
Europe/Russia
Belgian media were having a field day. In early September 2016 they tried to outdo each other in speculation and rumour. The only thing that seems certain is that the speciality beer producer Bosteels has been put up for sale by its owners, the Bosteels family and the private equity outfit Waterland. In 2014 Waterland had acquired a 50 percent stake in Bosteels, a 100,000 hl brewery located in Buggenhout, best known for its Kwak and Karmeliet beers. The brewery was founded in 1791 and is currently run by the 7th generation Antoine Bosteels.
Europe/Russia
The court ruling that SABMiller’s shareholders should be divided into two groups when voting on AB-InBev’s takeover offer on 28 September 2016 was hailed by some as a victory for small shareholders. A victory, really?
Europe/Russia
Doesn’t this sound familiar? First comes the deal then the cost cuts? In well-known fashion AB-InBev will reduce its head-count once the SABMiller deal is completed in about two months. AB-Inbev said on 26 August 2016 that 3 percent of its workforce will have to go.
Europe/Russia
Heineken currently operates three breweries in The Netherlands, one of which is located in the southern city of ’s-Hertogenbosch, which is colloquially known as Den Bosch. The facility currently produces around six million hectoliters (600 million liters/159 million gallons) of beer annually, which is exported to more than 150 countries.
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BRAUWELT on tour
Most Read
BRAUWELT on tour
