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International Report
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The Americas
USA | Early pandemic predictions projected thousands of craft brewery closings in 2020. But government aid and brewers’ ingenuity helped breweries to make it through the tough year.
The Americas
Venezuela | The outcome of the parliamentary election on 6 November 2020 was never in doubt. President Nicolas Maduro and his revolutionary socialists came out “victorious” in a vote marked by mass abstention.
The Americas
USA | Molson Coors Beverage Company is on track with its revitalisation plan, which includes streamlining the organisation and reinvesting resources into its brands and capabilities.
The Americas
USA | Why would a Canadian cannabis firm, with a market capitalisation of USD 1.2 billion and operations on five continents, splash out at least USD 300 million in a cash and stock deal for a craft brewer from Georgia?
The Americas
USA | Fearful to renege on their words that alcohol shall not touch their lips in the US, Coke struck an agreement with Molson Coors to manufacture, market and distribute Coca-Cola’s Topo Chico hard seltzer brand for them.
The Americas
USA | Looks like brewer Molson Coors has lots of spare capacity. In September 2020 Molson Coors Beverage and D.G. Yuengling & Son formed a joint venture that will expand the reach of America’s oldest brewery to millions more drinkers outside its mostly East Coast distribution territory.
The Americas
Peru | Following an auction, Heineken succeeded in acquiring the local beer brand Tres Cruces from soft drink firm AJE Group (AJE) and will now try to take on the market leader Backus (AB-InBev).
The Americas
Mexico | It could be done: dismantle, truck and reassemble. Constellation Brands, the number three brewer in the US, is exploring options to move its unfinished brewery from Mexicali to Baja California’s coastal zone, the website Mexico-now.com reported on 7 September 2020.
The Americas
Bahamas | It has taken the Bahamian Brewery more than a year to come back on-line. In early September 2019, the tropical storm Dorian hit the islands, putting the brewery under more than one metre of water for hours and destroying all its electrical installations, finished product and raw materials.
The Americas
USA | A familiar face: The former CEO of Heineken-owned craft brewer Lagunitas, Maria Stipp, joined Stone brewery on 14 September 2020 as its new CEO.
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