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The Americas
Funny that a socialist like Venezuela’s president Nicolas Maduro should think like a French queen. Reportedly, Marie Antoinette said when told that there was a bread shortage: “let them [the French] eat cake.” Well, we know how things worked out for her: she was beheaded in 1793.
The Americas
Cervecería Centroamericana in Guatemala plans on modernizing its brewhouse this year, while at the same time extending the cellar area of the brewery. In addition, a second, very modern brewhouse is to start operating in 2017. With the corresponding cold block adaptation, this will increase the capacity of the brewery to 4.3 million hl per year. As was the case with the existing brewhouse and the current extension, the corresponding order was once again awarded to Ziemann Holvrieka GmbH in Ludwigsburg.
The Americas
In theory this sounds like a good idea. Stone Brewing co-founders Greg Koch and Steve Wagner, on 2 May 2016, announced the formation of True Craft, a USD 100 million company aimed at investing in craft breweries. The new organisation will buy small stakes – no more than 25 percent – of interested craft breweries. That will allow the breweries to expand or fund other improvements without compromising their independence by borrowing from banks, dealing with venture capitalists or selling to the Big Brewers.
The Americas
It’s a cruel world out there. Boston Beer, once the darling of the financial markets, is about to turn into its pariah. Why? Because its growth rates have disappointed. The volume shipped by Boston Beer, the maker of Sam Adams beer, last year rose just 3.6 percent after enjoying double digit increases for years.
The Americas
Mr Brito, we hear you. The same day – 27 April 2016 – AB-InBev’s CEO Brito told shareholders that his future acquisitions are more likely to be in beer rather than in other beverages, a panel of Wall Street analysts at the Beverage Forum in Chicago said that AB-InBev could either do several smaller beer acquisitions or take on a heavyweight like PepsiCo or Coca-Cola.
The Americas
Continuing its strategy of snapping up leading craft brewers in individual states, AB-InBev on 12 April 2016 said it agreed to acquire Devils Backbone in Virginia. Financial terms of the deal, expected to close in the second quarter, were not disclosed.
The Americas
After several years of impressive growth, cider sales slowed down to grow by just 10.8 percent in 2015, according to Nielsen market research. In 2014, sales increased by 71 percent and in 2013 by 89 percent.
The Americas
There must be something in the beer, or why do U.S. beer drinkers tend to drag AB-InBev to court? The most recent plaintiff is Henry Vazquez, an optometrist who said that AB-InBev’s deceptive packaging caused him to overpay for Leffe beer.
The Americas
The Teamsters Union have struck a small victory. North Carolina has decided to investigate MillerCoors’ decision to close its Eden brewery, U.S. media reported on 30 March 2016. The East coast state will join the U.S. Department of Justice in its antitrust investigation into the merger of AB-InBev and SABMiller, the latter being one of the current co-owners of MillerCoors.
The Americas
Soon Esau & Hueber will supply yet another pilot brewery "System Nerb" into the United States: BSG, one of the largest suppliers to the craft brewing industry in the US can expand their services in future. The plan is not only pure research on raw and auxiliary materials. Breweries can also practice product development there.
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BRAUWELT on tour
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BRAUWELT on tour
