Vietnam: Sabeco posts 5.6% in 2024 net profit

Ho Chi Minh City-based brewer Sabeco, controlled by Thai Beverage, posted a net profit of VND4.49 trillion ($179.2 million) in 2024, up 5.6% year-on-year, despite Vietnam’s strict zero-alcohol driving law, ...
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The Netherlands: Royal Swinkels to stop brewing at its Brouwerij De Molen in the Netherlands

Dutch brewery giant Royal Swinkels intends to wind up production at its craft Brouwerij De Molen in the Netherlands, amid rising competition and declining local beer consumption, Yahoo Finance reported ...
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Europe: Beer market declines 4.4% in the four weeks to December 29

The European beer market showed weakness with a decline of 4.4 percent in the four-week period ending December 29. This is according to Nielsen data cited by Bank of America. The ...
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Ghana: Diageo to sell entire stake in Guinness Ghana to Castel Group

Diageo has announced plans to sell 80.4% shareholding in Guinness Ghana Breweries plc to Castel Group for $81 million (€77.7 million). Diageo added that it will retain ownership of the Guinness ...
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USA & Belgium: Belgian beer expected to generate revenue of $3.3 bln this year in the US

U.S. sales of beers brewed in Belgium are expected to generate revenue of $3.3 billion this year, according to statista.com. That may seem like a huge amount, but many, and ...
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USA, MN: Foremost Brewing Cooperative to close its doors at the end of February

Another southern Minnesota brewery is closing its doors, Bring Me The News reported. In a Facebook post on Monday, January 27, Foremost Brewing Cooperative in Owatonna announced its final day will ...
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USA, CT: Problem Solved Brewing Company announces closure at the end of March

A East Windsor brewery announced plans to shut its doors within the next two months and cited the decision to close up shop due to various challenges, CTPost reported on ...
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USA, CT: Middletown’s Stubborn Beauty Brewing closing its doors

Stubborn Beauty Brewing in Middletown is closing its doors. An emotional announcement was made Sunday, January 26 on social media. The brew house is located at 180 Johnson St. "We were going to ...
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USA, MN: Fair State Brewing Cooperative to close down its St. Paul production facility

Fair State Brewing Cooperative is scaling back in a significant way. In a memo sent to staff, obtained by Bring Me The News and confirmed by an employee, the brewery says ...
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USA, OH: Lockport Brewery to open second location in New Philadelphia

Bolivar's Lockport Brewery will be expanding into New Philadelphia, opening a second location in the former Five Barrel Bullet Brewing Co. building near Harry Clever Field sometime this spring, Times ...
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