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Europe/Russia
The festival season is upon us. This means overflowing porta-loos, four people in a small tent, and queuing for hours to buy a soggy burger. Music festivals in northern Europe are only for the hardy and the dedicated who don’t mind paying the equivalent of USD 10 for a deodorant stick. That’s why organisers advise punters to take with them reusable water bottles, sunscreen, toilet paper, wet wipes and condoms.
Europe/Russia
Clever marketing. London’s craft brewer Meantime has partnered with various designers and craftsmen in six UK cities over a six-month period in a bid to grow its presence outside the UK’s capital.
Europe/Russia
The billion dollar question: will AB-InBev pass all regulatory hurdles before 12 August 2016 when SABMiller is scheduled to pay out its final dividend of GBP 0.65 a share totalling roughly USD 1.5 billion? That is on top of the GBP 44 a share AB-InBev is paying SABMiller’s shareholders. If the deal is completed earlier, AB-InBev will pocket the dividend. If not, SABMiller’s present shareholders will.
Europe/Russia
Thielmann Container Systems has acquired the assets of WEW on 2nd of May 2016 and will continue operations under WEW Container Systems GmbH.
Europe/Russia
The European Union is the first major regulator to approve of AB-InBev’s USD 100 billion plus acquisition of rival SABMiller, on the condition that the brewer shed nearly all of SABMiller’s European assets.
Europe/Russia
The ongoing USD 100 billion plus takeover of SABMiller by rival AB-InBev has so far cost the London-listed beer giant GBP 111 million (USD 160 million) in banking and legal fees, as well as pay-outs to retain important members of staff. This was disclosed on 18 May 2016, when SABMiller reported full year results.
Europe/Russia
Will hipsters be taking their Audis to Aldi to buy craft beer? As of 30 May 2016, the discount chain Aldi has been selling a range of 18 UK-brewed craft beers in its stores. Aldi said it was tapping into the booming craft beer market, which is currently worth an estimated GBP 420 million USD 607 million).
Europe/Russia
Brussels’ hotels and restaurants had barely recovered from the November 2015 attacks in Paris, which killed 130 people, and made Belgian authorities put the entire city on a lockdown for weeks, when Brussels itself saw two bomb attacks on 22 March 2016, killing 31 people and injuring 270.
Europe/Russia
Germany’s trust busters are cracking down on vertical cartels too. After issuing hefty penalties to several of the country’s big brewers, the regulatory agency on 9 May 2016 fined a number of retailers, including EDEKA, Metro, Netto, Kaufland and a regional drinks retailer.
Europe/Russia
Megabrewers AB-InBev and SABMiller did some asset-swapping with Brazilian brewer AmBev, in which AB-InBev holds a majority stake, ahead of the proposed combination of the British and Belgian companies.
Most Read
BRAUWELT on tour
Most Read
BRAUWELT on tour
