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The Americas

USA | The NBWA, the beer distributors’ industry body, says that Americans were consuming virtually the same volume of beer in a year-over-year analysis. But within the segment there have been remarkable shifts.

USA | The Brewers Association expects the craft brewing industry to have witnessed around 700 openings in 2020. That is about 30 percent lower than in 2019, when there were more than 900 openings and the total number of craft breweries stood at 8,300.

USA | Jerry Sheehan, 89, has fallen out with two of his sons, after they filed a suit which accuses him of “misappropriating” USD 80 million of company funds, by splitting it with his six other children, on top of paying himself USD 45 million.

USA | Private equity firm Apollo Global Management and a group of institutional investors acquired a 49.9 percent stake in AB-InBev’s US-based metal container plant for about USD 3 billion. The transaction was announced on 23 December 2020.

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.

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.

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.

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?

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.

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.

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).