“This was always a flexible vehicle and we decided it was a good time to unwind it at a profit,” Mr Swinburn told analysts in London.

To rule out any misunderstanding: We do not think that SABMiller is even remotely interested in buying Germany’s Warsteiner Brewery. Why should SABMiller invest in the low-margin German beer market which has already bogged down its rivals AB-InBev and Heineken?

Argentina has proven tough going for Germany’s privately-owned Warsteiner Brewery, which produces the eponymous Warsteiner pils. Lured into the market by its phenomenal growth prospects – per capita consumption of beer is only 44 litres compared to Brazil’s 57 litres – CASA Isenbeck has gradually expanded production capacity to 1.2 million hl.

Construction of Diageo’s 20 million proof gallon rum distillery began in August 2009, and was completed on time and on budget. The distillery will generate an estimated USD 130 million in new tax revenue for the Virgin Islands Government, in addition to the USD 139 million that the construction has already brought to the community, it was reported.

How did Anheuser-Busch (A-B), with a dominant market share in the world’s largest beer market, a legacy of marketing brilliance, a strong distribution system and generations of family management, suddenly seem so powerless to resist a buyout in the summer of 2008? In “Dethroning the King: The Hostile Takeover of Anheuser Busch, an American Icon” Ms MacIntosh provides several answers.

For the better part of a year, trade associations and lobbyists for alcohol manufacturers have been fighting with their wholesale distributors over a bill that would strengthen states’ ability to regulate alcohol and make it harder to challenge state alcohol laws in court.

Net revenue increased 0.3 percent to USD 2.12 billion in the quarter to September 2010.

When Harvard-educated Chairman Jim Koch decided to abandon a career in consulting to become a brewer, he set out one of the best beers in America. And that’s what he did: Mr Koch created the award-winning Samuel Adams Boston Lager – the flagship beer in a line of more than 20 varieties – allegedly from an old Koch family recipe that had been passed down for generations.

Earlier in October Constellation Brands said its fiscal second-quarter profits for the three months ended 31 August 2010 fell to USD 91.3 million from USD 99.7 million in the same quarter last year.

Thank heavens Grupo Modelo could improve pricing. That’s why net sales grew 5.0 percent, totalling 23,233 million pesos (USD 1.87 billion). Domestic sales showed an increase of 2.4 percent. Export revenues in pesos increased 6.2 percent and stood at 45.1 percent of net sales. The net export revenues were USD 821 million, a 10.5 percent increase compared to the same quarter of 2009.