The tobacco firm Altria has gained a position as a top shareholder in the newly expanded brewer AB-InBev. It will control a 9.6 percent stake, having held roughly 27 percent of SABMiller previously. Altria was expected to receive around 10.5 percent of the fattened AB-InBev upon the sale.
The Brazilian beer industry has reinforced the distribution channel as a strategy to increase sales, which are under pressure in a declining beer market. The latest bet of AmBev, the largest player in the segment, was the launch of a delivery service of beers to consumers in the cities of São Paulo, Ribeirão Preto, and to the ABC Paulista region, all in the São Paulo state, Brazilian media say.
Americans’ summertime preoccupation with barbecues and beer has again been a boon to Constellation Brands’ top and bottom line. When the number three brewer in the US released its second quarter (ended 31 August) earnings report on 5 October 2016, it revealed that sales and profit were higher than what Wall Street had expected, due in no small part to the strength of its beer segment.
You know that something is very wrong if chocolate Santa Clauses appear in supermarkets in August. Although international trade and advances in farming mean that seasonal food supplies are definitely a thing of the past, there are some traditions that should be upheld, even if only for the sake of tradition.
If in need, clinch a deal. With their beer sales under pressure, AB-InBev have branched out into another new hot beverage category which comes by the name of alcoholic Seltzer. In September 2016 they bought the company Boathouse Beverage which produces the SpikedSeltzer brand.
Since September 2016, Ziemann Holvrieka GmbH, Ludwigsburg, has been operating from three sites in North and South America: Miami (Florida) in the USA, the Columbian capital of Bogota and now also San Diego (California) in the USA.
Japan’s brewer Kirin looks to AB-InBev to lift US sales of its flagship beer. Its brand Ichiban will take its place beside other priority brands in AB-InBev’s import beer line-up. In Japan, AB-InBev licenses Kirin to brew and sell Budweiser. In the US, it produces and sells Ichiban for its Japanese partner.
It’s an interesting time for one of the biggest craft brewers in the US. Boston Beer’s sales have declined 5 percent during the first half of 2016, dragging its share price down too.
Only in America. In September 2016 Pabst Brewing started distributing Dog Tag Legacy Lager, a beer in cans that pays tribute to America’s fallen soldiers. Dog Tag Lager is different because consumers will be drinking it with purpose, reinventing the toast and reflecting on the dead.
Krones has signed and completed the purchase of 80 percent of the business of Trans-Market Sales & Equipment Inc. Trans-Market is based in Tampa, Florida/USA, and is a proven leader in providing process engineering and automation solutions for the liquid food industry. The company has revenues of approximately USD 30 million and has a workforce of more than 50 employees. The previous owners of Trans-Market will retain a 20 percent ownership. Krones is financing the acquisition with available funds.