USA: Constellation Brands expect beer sales growth to be 7-8% in fiscal year 2021

Constellation Brands Inc. said that it expects beer sales growth for fiscal year 2021 to be 7%-8% including the impact of the Ballast Point divestiture and annual organic net sales ...
Publicado 05/04/2020 Más

Australia: Independent Brewers Association disappointed by approval of CUB takeover

The Independent Brewers Association (IBA) has expressed its disappointment with the Australian Competition and Consumer Commission (ACCC) over its decision to allow Asahi’s acquisition of Carlton & United Breweries (CUB) ...
Publicado 03/04/2020 Más

Mexico: Grupo Modelo, Heineken suspend production in Mexico

The Mexican brewer of Corona beer said on April 2 it was suspending production because of the health emergency in the country over the COVID-19 pandemic, the Nairobi News reported. Grupo ...
Publicado 03/04/2020 Más

USA, OR: Cascade Brewing sold to local group that includes founders of FlyBoy Brewery

Cascade Brewing, a pioneer in the popularity surge of fruited sour beers nationwide over the past decade, has been sold to a local group that includes the founders of Tigard’s ...
Publicado 03/04/2020 Más

World: AB InBev announces pricing of USD6 bln notes

Anheuser-Busch InBev SA/NV on April 1 announced that its subsidiary Anheuser-Busch InBev Worldwide Inc. (ABIWW) completed the pricing of USD 6,000,000,000 aggregate principal amount of bonds, marketscreener.com reported. The issuance is ...
Publicado 02/04/2020 Más

South Korea: Hite Jinro’s new low-malt beer FiLite enjoying soaring popularity

Hite Jinro is enjoying soaring popularity with its low-malt beer FiLite from consumers who prefer to drink at home, the company said on April 2. Ever since the company launched FiLite ...
Publicado 02/04/2020 Más

World: Carlsberg expands cost-cutting programme and suspends outlook

Carlsberg said on April 2 it has expanded its cost-cutting programme and suspended outlook as beer drinkers under lockdown in key European markets opt for cheaper beers, Reuters reported. The world’s ...
Publicado 02/04/2020 Más

USA: Alcohol sales up 55% yoy in the week to March 21

Alcoholic beverage sales in the US increased 55% year-on-year during the week to March 21 as shoppers stocked up ahead of a long coronavirus lockdown, the Drinks International reported on ...
Publicado 02/04/2020 Más

Australia & Japan: Asahi wins conditional approval for acquiring AB InBev’s Australian unit

Japan’s Asahi Group Holdings Ltd won conditional approval from Australia’s competition regulator for its $11 billion purchase of Anheuser-Busch InBev’s domestic operations after agreeing to sell five beer and cider ...
Publicado 31/03/2020 Más

Kenya: Ban on social gatherings leads to decline in beer sales

The directive on social distancing to stop the spread of coronavirus disease, and the subsequent drop in the consumption of alcohol, has proved that drinking has little to do with ...
Publicado 31/03/2020 Más