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China: Tsingtao shares drop confirms mounting competition in Chinas mid-price beer segment
Tsingtao Brewery Co.s shares headed for their biggest decline in almost two years after Asahi Group Holdings Ltd. agreed to sell its stake in the Chinese beer maker at a ...
Published 21/12/2017
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China & Japan: Asahi Group sells its stake in Tsingtao Brewery Co to Chinese conglomerate Fosun International and Tsingtao Brewery Group
Chinese conglomerate Fosun International is taking a large chunk of Tsingtao Brewery Co after Japans Asahi Group Holdings said on December 20 it would sell its entire 19.9 percent stake ...
Published 20/12/2017
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Italy: Beer production reaches new record high in 2016
Italian beer production reached a new record high of 14.5 million hectolitres in 2016, of which almost 2.6 million were exported, according to Italian beer association AssoBirra, ESM reports.
Consumption has ...
Published 20/12/2017
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Myanmar: Fraser & Neave forms JV to explore beer production in Myanmar
Fraser & Neave Limited (F&N), through subsidiary F&N Investments Pte Ltd (F&NI), incorporated a joint venture (JV) company in Myanmar, the Singapore Business Review reported on December 20.
According to an ...
Published 20/12/2017
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Jamaica: Red Stripe launches new production line to expand beer exports
Red Stripe Jamaica on December 19 launched its new Production Line 8 that will grow the brewery's capacity to one million beers per day, powered by liquefied natural gas, the ...
Published 20/12/2017
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Zimbabwe & Malawi: Delta Corporation seeks approval to acquire stake in Chibuku Products
Zimbabwean public company, Delta Corporation Limited has applied to Comesa Competition Commission to acquire stakes in Chibuku Products Limited, the Nyasa Times reported on December 19.
Delta Corporation Limited, a Zimbabwean ...
Published 17/12/2017
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Australia: Australians facing increase in alcohol prices
Drinkers in Australia would face significant price increases for beer and wine under a proposal to cut the nations alcohol consumption, the Herald Sun reported on December 19.
Under the draft ...
Published 17/12/2017
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Russia: Malt production down 4.8% in 2016
According to a recent research by Discovery Research Group, Russias malt output totaled 1.144 mln tonnes last year 4.8% below 2015.
In the first half of 2017, the nation produced ...
Published 17/12/2017
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Ukraine: Beer production drops, malt output increases in January-November this year
Ukraines beer output amounted to 16.5 mln hl in January-November this year, 1.1% less than during the same period in 2016, the Beer Business magazine reported on December 15 citing ...
Published 17/12/2017
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Vietnam & Thailand: ThaiBev wins auction to buy majority stake in Sabeco
Thai Beverage has won an auction to buy a majority stake worth $4.84 billion in Vietnams top brewer Sabeco, a lofty deal that adds a major asset to the beer-to-property ...
Published 17/12/2017
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